Home / Owners / Fund I Investments Limited Partnership
Nursing homes owned by Fund I Investments Limited Partnership
The CMS ownership file lists Fund I Investments Limited Partnership with an ownership interest in 12 certified nursing homes with 1,630 beds in Washington (3), Nebraska (2), Tennessee (2), Colorado (1), Florida (1), Kansas (1), Kentucky (1), Missouri (1).
CMS ownership and Care Compare data as of September 1, 2026
What the ownership file says
CMS lists Fund I Investments Limited Partnership as a direct owner of 7 homes, indirect owner of 2 homes, partner in 10 homes. Its earliest ownership association date on file is August 23, 1995, the latest March 28, 2017.
An indirect owner holds its stake through another company. Owners are listed by the homes themselves when they enroll in Medicare and Medicaid; the file names owners with a 5% or greater stake and the companies with control over operations.
CMS also groups these homes into the chain Life Care Centers of America (12).
The homes' record in brief
12 of the 12 homes have a CMS overall rating, averaging 2.9 stars against a national average of 3. 12 are for profit, 0 nonprofit; 12 are certified for Medicaid.
Across the inspections on file the homes carry 442 health citations; 20 citations were rated actual harm or immediate jeopardy, 4 immediate jeopardy. At their latest standard inspections they averaged 10.1 health deficiencies (national 9.2).
7 homes were fined in the last three years, $302,840 across 9 fines. Average nursing staff turnover was 43.8% (national 45.8%).
Staffing at these homes, January to March 2026
| Hours per resident per day | These homes | United States |
|---|---|---|
| All nursing staff | 3.67 | 3.75 |
| Registered nurses | 0.67 | 0.62 |
| Weekdays | 3.88 | 3.92 |
| Weekends | 3.16 | 3.33 |
| Share of nursing hours by contract staff | 0.6% | 5.3% |
Daily payroll records of 12 homes, summed. Weekends ran 19% below weekdays. Source: CMS Payroll Based Journal Daily Nurse Staffing.
Every home it owns
| Home | City | State | Role in the CMS file | Share | Overall | Citations | Fines |
|---|---|---|---|---|---|---|---|
| Valley View Villa | Fort Morgan | CO | Additional disclosable party; Indirect owner (5% or more), since March 2017 | 96% | 5 | 5 | |
| Lakeside Health Center | West Palm Beach | FL | Direct owner (5% or more); Limited partner, since August 1995 | 96% | 4 | 15 | |
| Life Care Center of Kansas City | Kansas City | KS | Additional disclosable party; Direct owner (5% or more); Limited partner, since August 1995 | 96% | 3 | 61 | |
| Parkview Nursing & Rehabilitation Center | Paducah | KY | Additional disclosable party; Limited partner, since August 1995 | 4 | 12 | $5,519 | |
| Westchester House, the | Chesterfield | MO | Direct owner (5% or more); Limited partner, since August 1995 | 96% | 2 | 41 | $83,824 |
| Life Care Center of Elkhorn | Elkhorn | NE | Additional disclosable party; Direct owner (5% or more); Limited partner, since August 1995 | 96% | 1 | 42 | $26,857 |
| Life Care Center of Omaha | Omaha | NE | Additional disclosable party; Direct owner (5% or more); Limited partner, since August 1995 | 96% | 1 | 41 | $31,079 |
| Life Care Center of Collegedale | Collegedale | TN | Additional disclosable party; Direct owner (5% or more); Limited partner, since August 1995 | 96% | 4 | 8 | |
| Life Care Center of Elizabethton | Elizabethton | TN | Additional disclosable party; Indirect owner (5% or more), since August 1995 | 96% | 3 | 11 | $10,036 |
| Hallmark Manor | Federal Way | WA | Additional disclosable party; Limited partner, since August 1995 | 2 | 60 | $46,555 | |
| Life Care Center of Federal Way | Federal Way | WA | Additional disclosable party; Limited partner, since August 1995 | 3 | 85 | $98,970 | |
| Alderwood Manor | Spokane | WA | Additional disclosable party; Direct owner (5% or more); Limited partner, since August 1995 | 96% | 3 | 61 |
Source: CMS Ownership, data as of September 1, 2026, as the homes reported it. Name spelling follows the file; spellings that differ only in punctuation are combined. Being listed as an owner is a fact of record, not a finding about care. Something wrong? Ask for a correction.
Staff pay reports
Staff pay at homes Fund I Investments Limited Partnership owns
No staff pay figure at homes Fund I Investments Limited Partnership owns has passed review yet. A figure appears only after at least 5 reports from at least 3 different people, sent over at least 60 days, have passed review, and, for a group, from at least 2 homes.
Official wage estimates, United States
| Job | Median | Middle half | Employed |
|---|---|---|---|
| Nursing care facilities | |||
| CNAs (nursing assistants) | $20.67 | $17.91 to $22.55 | 534,270 |
| LPNs and LVNs | $33.86 | $30.05 to $37.40 | 188,210 |
| Registered nurses | $41.11 | $37.85 to $47.68 | 142,270 |
| All employers | |||
| CNAs (nursing assistants) | $20.32 | $17.91 to $22.70 | 1,448,910 |
| LPNs and LVNs | $30.96 | $28.37 to $36.55 | 648,410 |
| Registered nurses | $46.90 | $38.62 to $54.02 | 3,379,720 |
Hourly wages; the middle half runs from the 25th to the 75th percentile. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. BLS has no separate estimate for medication aides.