When a state regulator publishes that a facility's owner, controller or operator is about to change, the record is here with every step the state runs, its date and a link to the document. These are official filings, not forecasts.

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Kentucky · skilled nursing

Franklin-Simpson Nursing and Rehabilitation Center

Franklin, Kentucky · CCN 185331 · 98 beds
Confirmed effective changeEffective(unverified)

An official record states the change took effect.

Where it sits in Kentucky's process

Kentucky Cabinet for Health and Family Services, Certificate of Need. Kentucky, historically: first public record to effective 108 days (n 189).

  1. Notice of intent to acquire received
  2. Planned close stated by the filer
    A stated intention, not a closing.
    Aug 1, 2018 · stated in the official notice · prd.webapps.chfs.ky.gov
  3. Change of ownership effective
    Kentucky has no approval step; the effective date comes from the CMS change of ownership record.
Who controls the facility today

From CMS Medicare enrollment and ownership disclosures for CCN 185331, joined on CMS's own identifiers. This is the current record, before any pending change takes effect.

Operating company
  • F••••••• H••••• C••••• L••
CMS chain
  • B••••••• L•••• · cms affiliation entity
Owners and controllers
  • B••••••• L•••• · 43.5% · 5% or greater direct ownership interest
  • G••••• P•••••••• · 24.5% · 5% or greater direct ownership interest
  • A•••••••• P•••••••• · 15% · 5% or greater direct ownership interest
  • D•••• R••••••••• · 7% · 5% or greater direct ownership interest
Mortgage or security interest (5% or more)
  • C••• B••• U•• · 5% or greater security interest · financial institution
  • M••••••••• C••••••••• B••• · 5% or greater security interest · financial institution
  • M•••• F••••••• R•• L•• · 5% or greater security interest

Source: CMS Skilled Nursing Facility Enrollments and All Owners data.cms.gov

Why it may matter

Each label is a rule over the record's own fields. The facts that made it true are listed.

  • Known capital relationship
    CMS lists a 5% or greater mortgage or security interest holder on the facility's current operating company
    • CIBC BANK USA (5% or greater security interest)
    • MEDCO FRANKLIN RE, LLC (5% or greater security interest)
    • METROPOLITAN COMMERCIAL BANK (5% or greater security interest)