Velarion Records

The 340B register and hospital finances — joined, watched daily, delivered.

Skilled nursing facility · CMS certification number 146141

TERRACES AT THE CLARE

CHICAGO, Illinois · Medicare

Certified beds, as filed in Care Compare: 50

Finances, as filed

From this facility’s Medicare cost reports on form CMS-2540, each figure with the worksheet, line and column it was read from.

Cost report for 1 January 2024 to 31 December 2024 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on 29 August 2025.

Revenue and expenses, fiscal year 2024
FigureAs filedWhere it comes from
Total patient revenue$18,756,879CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$6,985,460CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$11,771,419CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$48,215,027CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$36,443,608CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$23,900,244CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$12,543,364CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$12,543,364 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2024
FigureAs filedWhere it comes from
Total facility beds, all components89CMS-2540-10 worksheet S300001 line 800 column 100
Bed days available, all components32,574CMS-2540-10 worksheet S300001 line 800 column 200
Medicare (Title XVIII) patient days5,850CMS-2540-10 worksheet S300001 line 800 column 400
Other-payer patient days24,633CMS-2540-10 worksheet S300001 line 800 column 600
Total patient days, all components30,483CMS-2540-10 worksheet S300001 line 800 column 700
Medicare discharges247CMS-2540-10 worksheet S300001 line 800 column 900
Other-payer discharges159CMS-2540-10 worksheet S300001 line 800 column 1100
Total discharges, all components406CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days23.68CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days75.08CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1436647, read from the public cost report file SNF10FY2024.zip.

Fiscal year 2023, ended 31 December 2023

Cost report for 1 January 2023 to 31 December 2023 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 28 May 2024.

Revenue and expenses, fiscal year 2023
FigureAs filedWhere it comes from
Total patient revenue$17,515,572CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$5,896,995CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$11,618,577CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$46,622,149CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$35,003,572CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$20,420,196CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$14,583,376CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$14,583,376 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2023
FigureAs filedWhere it comes from
Total facility beds, all components90CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components30,123CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components399CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days23.06CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days75.5CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1379485, read from the public cost report file SNF10FY2023.zip.

Fiscal year 2022, ended 31 December 2022

Cost report for 1 January 2022 to 31 December 2022 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 9 August 2023.

Revenue and expenses, fiscal year 2022
FigureAs filedWhere it comes from
Total patient revenue$35,554,792CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$5,259,828CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$30,294,964CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$43,951,396CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$13,656,432CMS-2540-10 worksheet G300000 line 500 column 100
Total other income−$3,257,063CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$16,913,495CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$16,913,495 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2022
FigureAs filedWhere it comes from
Total facility beds, all components90CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components30,473CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components386CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days22.93CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days78.95CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1361509, read from the public cost report file SNF10FY2022.zip.

Fiscal year 2021, ended 31 December 2021

Cost report for 1 January 2021 to 31 December 2021 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 10 May 2022.

Revenue and expenses, fiscal year 2021
FigureAs filedWhere it comes from
Total patient revenue$33,317,352CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$4,906,670CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$28,410,682CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$42,021,666CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$13,610,984CMS-2540-10 worksheet G300000 line 500 column 100
Total other income−$4,122,744CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$17,733,728CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$17,733,728 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2021
FigureAs filedWhere it comes from
Total facility beds, all components88CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components30,072CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components399CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days22CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days75.37CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1315665, read from the public cost report file SNF10FY2021.zip.

Fiscal year 2020, ended 31 December 2020

Cost report for 20 December 2019 to 31 December 2020 — a reporting period of 377 days, on form CMS-2540-10, settled, processed by CMS on 18 May 2021.

Revenue and expenses, fiscal year 2020
FigureAs filedWhere it comes from
Total patient revenue$31,193,331CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$3,991,481CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$27,201,850CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$39,545,312CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$12,343,462CMS-2540-10 worksheet G300000 line 500 column 100
Total other income−$3,452,227CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$15,795,689CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$15,795,689 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2020
FigureAs filedWhere it comes from
Total facility beds, all components336CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components134,990CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components299CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days27.62CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days451.47CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1284039, read from the public cost report file SNF10FY2020.zip.

Fiscal year 2019, ended 19 December 2019

Cost report for 1 January 2019 to 19 December 2019 — a reporting period of 352 days, on form CMS-2540-10, settled, processed by CMS on 25 September 2020.

Revenue and expenses, fiscal year 2019
FigureAs filedWhere it comes from
Total patient revenue$15,048,299CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$4,014,170CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$11,034,129CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$35,044,418CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$24,010,289CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$20,827,633CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$3,182,656CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$3,182,656 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2019
FigureAs filedWhere it comes from
Total facility beds, all components336CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components31,453CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components431CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days21.1CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days72.98CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1269672, read from the public cost report file SNF10FY2019.zip.

Fiscal year 2018, ended 31 December 2018

Cost report for 1 January 2018 to 31 December 2018 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 16 August 2019.

Revenue and expenses, fiscal year 2018
FigureAs filedWhere it comes from
Total patient revenue$15,620,179CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$4,833,968CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$10,786,211CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$32,472,172CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$21,685,961CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$20,321,401CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$1,364,560CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$1,364,560 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2018
FigureAs filedWhere it comes from
Total facility beds, all components90CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components30,644CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components349CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days24.46CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days87.81CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1241088, read from the public cost report file SNF10FY2018.zip.

Fiscal year 2017, ended 31 December 2017

Cost report for 1 January 2017 to 31 December 2017 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 31 May 2018.

Revenue and expenses, fiscal year 2017
FigureAs filedWhere it comes from
Total patient revenue$10,251,077CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$3,529,629CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$6,721,448CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$32,329,510CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$25,608,062CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$3,815,682CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$21,792,380CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$21,792,380 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2017
FigureAs filedWhere it comes from
Total facility beds, all components296CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components127,962CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components458CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days20.57CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days279.39CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1190684, read from the public cost report file SNF10FY2017.zip.

Fiscal year 2016, ended 31 December 2016

Cost report for 1 January 2016 to 31 December 2016 — a reporting period of 365 days, on form CMS-2540-10, settled, processed by CMS on 22 May 2018.

Revenue and expenses, fiscal year 2016
FigureAs filedWhere it comes from
Total patient revenue$23,782,792CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$2,567,356CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$21,215,436CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$28,928,230CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$7,712,794CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$4,132,510CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$3,580,284CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$3,580,284 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2016
FigureAs filedWhere it comes from
Total facility beds, all components336CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components96,246CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components435CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days20.64CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days221.26CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1189931, read from the public cost report file SNF10FY2016.zip.

Fiscal year 2015, ended 31 December 2015

Cost report for 1 January 2015 to 31 December 2015 — a reporting period of 364 days, on form CMS-2540-10, reopened, processed by CMS on 17 October 2019.

Revenue and expenses, fiscal year 2015
FigureAs filedWhere it comes from
Total patient revenue$19,832,241CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$2,145,500CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$17,686,741CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$27,255,834CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$9,569,093CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$2,123,824CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$7,445,269CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$7,445,269 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2015
FigureAs filedWhere it comes from
Total facility beds, all components333CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components79,998CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components395CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days27.73CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days202.53CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1244618, read from the public cost report file SNF10FY2015.zip.

Fiscal year 2014, ended 31 December 2014

Cost report for 1 January 2014 to 31 December 2014 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 30 September 2016.

Revenue and expenses, fiscal year 2014
FigureAs filedWhere it comes from
Total patient revenue$7,788,756CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$1,401,038CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$6,387,718CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$23,594,671CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$17,206,953CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$8,599,560CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$8,607,393CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$8,607,393 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2014
FigureAs filedWhere it comes from
Total facility beds, all components71CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components19,522CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components310CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days23.14CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days62.97CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1143851, read from the public cost report file SNF10FY2014.zip.

Fiscal year 2013, ended 31 December 2013

Cost report for 1 January 2013 to 31 December 2013 — a reporting period of 364 days, on form CMS-2540-10, settled, processed by CMS on 23 July 2014.

Revenue and expenses, fiscal year 2013
FigureAs filedWhere it comes from
Total patient revenue$6,817,025CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$960,083CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$5,856,942CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$21,442,745CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$15,585,803CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$6,814,604CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$8,771,199CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$8,771,199 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2013
FigureAs filedWhere it comes from
Total facility beds, all components87CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components17,692CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components210CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days27.68CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days84.25CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1071690, read from the public cost report file SNF10FY2013.zip.

Fiscal year 2012, ended 31 December 2012

Cost report for 1 July 2012 to 31 December 2012 — a reporting period of 183 days, not a full year, on form CMS-2540-10, settled, processed by CMS on 5 August 2013.

Revenue and expenses, fiscal year 2012
FigureAs filedWhere it comes from
Total patient revenue$3,391,774CMS-2540-10 worksheet G300000 line 100 column 100
Contractual allowances and discounts$457,335CMS-2540-10 worksheet G300000 line 200 column 100
Net patient revenue$2,934,439CMS-2540-10 worksheet G300000 line 300 column 100
Total operating expenses$13,867,259CMS-2540-10 worksheet G300000 line 400 column 100
Net income from service to patients−$10,932,820CMS-2540-10 worksheet G300000 line 500 column 100
Total other income$2,903,158CMS-2540-10 worksheet G300000 line 2500 column 100
Net income after other income−$8,029,662CMS-2540-10 worksheet G300000 line 2600 column 100

Net income: −$8,029,662 (CMS-2540-10 worksheet G300000 line 3100 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 26 less 27 through 30) on 204,018 of the 204,018 reports filed on Form CMS-2540-10 in publication years 2011-2025 that file every line it is computed from (100%).

Beds, days and discharges, fiscal year 2012
FigureAs filedWhere it comes from
Total facility beds, all components91CMS-2540-10 worksheet S300001 line 800 column 100
Total patient days, all components9,702CMS-2540-10 worksheet S300001 line 800 column 700
Total discharges, all components118CMS-2540-10 worksheet S300001 line 800 column 1200
Average length of stay, Medicare, in days39.51CMS-2540-10 worksheet S300001 line 800 column 1400
Average length of stay, all patients, in days82.22CMS-2540-10 worksheet S300001 line 800 column 1600

CMS report record 1045592, read from the public cost report file SNF10FY2012.zip.

Fiscal year 2011, ended 30 June 2011

Cost report for 31 August 2010 to 30 June 2011 — a reporting period of 303 days, on form CMS-2540-96, settled, processed by CMS on 8 February 2012.

Revenue and expenses, fiscal year 2011
FigureAs filedWhere it comes from
Net patient revenue$8,097,424CMS-2540-96 worksheet G300000 line 300 column 100
Total operating expenses$29,108,573CMS-2540-96 worksheet G200002 line 1500 column 200
Net income from service to patients−$21,011,149CMS-2540-96 worksheet G300000 line 500 column 100
Total other income$974,541CMS-2540-96 worksheet G300000 line 2600 column 100

Net income, stated at moderate confidence: −$20,036,608 (CMS-2540-96 worksheet G300000 line 3200 column 100). As filed, net income for the period equals net income from service to patients plus total other income, less total other expenses (Worksheet G-3 lines 5 plus 26 less 31) on 192,460 of the 192,462 reports filed on Form CMS-2540-96 in publication years 1995-2012 that file every line it is computed from (99.99%); on 2 of them the filed figure and that arithmetic differ, by a median of $46,907, and those figures are not shown. A further 2,252 reports file net income without filing net income from service to patients (Worksheet G-3 line 5), so the arithmetic cannot be applied to them and their figure is shown as filed.

Beds, days and discharges, fiscal year 2011
FigureAs filedWhere it comes from
Total facility beds, all components32CMS-2540-96 worksheet S300001 line 900 column 100
Total patient days, all components6,177CMS-2540-96 worksheet S300001 line 900 column 700
Total discharges, all components165CMS-2540-96 worksheet S300001 line 900 column 1200
Average length of stay, Medicare, in days33.17CMS-2540-96 worksheet S300001 line 900 column 1400
Average length of stay, all patients, in days37.44CMS-2540-96 worksheet S300001 line 900 column 1600

CMS report record 424503, read from the public cost report file SNFFY2010.zip.

Nurse staffing

Nurse staffing hours from the Payroll-Based Journal, quarter by quarter, are on this facility’s staffing page, each quarter with the file it came from.

The staffing record →

Ownership, as filed with CMS

Care Compare

As filed in the CMS file dated 1 August 2026 (Care Compare ownership).

Owner or managerRoleTypeOwnership percentageAssociation
THE CLARE PARTNERS LLC5% OR GREATER DIRECT OWNERSHIP INTERESTOrganization100%since 12/20/2019
LCS THE CLARE LLC5% OR GREATER INDIRECT OWNERSHIP INTERESTOrganizationNO PERCENTAGE PROVIDEDsince 12/20/2019
PEARSON STREET PARTNERS LLC5% OR GREATER INDIRECT OWNERSHIP INTERESTOrganizationNO PERCENTAGE PROVIDEDsince 12/20/2019
LIFE CARE SERVICES LLCADP OF THE SNFOrganizationNOT APPLICABLEsince 08/11/2025
LINDQUIST, LEEADP OF THE SNFIndividualNOT APPLICABLEsince 05/08/2025
STEINFELD, LIZAADP OF THE SNFIndividualNOT APPLICABLEsince 04/29/2025
RUSBOLDT, MONICACORPORATE OFFICERIndividualNOT APPLICABLEsince 12/20/2019
LCS MANAGEMENT HOLDING COMPANY LLCINDIRECT OWNERSHIP INTERESTOrganizationNOT APPLICABLEsince 12/20/2019
MCCARTHY GROUP LLCINDIRECT OWNERSHIP INTERESTOrganizationNOT APPLICABLEsince 07/30/2021
BIRD, JOHNMANAGING CONTROL - GOVERNING BODYIndividualNOT APPLICABLEsince 02/15/2024
LAHEY, DANIELMANAGING CONTROL - GOVERNING BODYIndividualNOT APPLICABLEsince 12/20/2019
SHAW, GELYNNAMANAGING CONTROL - GOVERNING BODYIndividualNOT APPLICABLEsince 02/15/2024
UHLEMANN, BRIDGETTEMANAGING CONTROL - GOVERNING BODYIndividualNOT APPLICABLEsince 02/15/2024
VICTOR, JASONMANAGING CONTROL - GOVERNING BODYIndividualNOT APPLICABLEsince 12/20/2019
LIFE CARE SERVICES LLCOPERATIONAL/MANAGERIAL CONTROLOrganizationNOT APPLICABLEsince 12/20/2019
LINDQUIST, LEEOPERATIONAL/MANAGERIAL CONTROLIndividualNOT APPLICABLEsince 02/15/2024
RUSBOLDT, MONICAOPERATIONAL/MANAGERIAL CONTROLIndividualNOT APPLICABLEsince 12/20/2019
STEINFELD, LIZAOPERATIONAL/MANAGERIAL CONTROLIndividualNOT APPLICABLEsince 10/17/2022
VICTOR, JASONOPERATIONAL/MANAGERIAL CONTROLIndividualNOT APPLICABLEsince 02/20/2019

Medicare enrollment

As filed in the CMS file dated 1 August 2026 (Medicare enrollment ownership), under the enrollment of CLARE PROPCO LLC (enrollment ID O20200127001943).

OwnerIndividual or organizationRoleOwnership percentageAssociation dateDescribed in the filing as
THE CLARE PARTNERS LLCOrganization5% OR GREATER DIRECT OWNERSHIP INTEREST10012/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS CC HOLDINGS INCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST40.415/1/2026
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS HOLDING COMPANY LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.6312/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS LIVING HOLDINGS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.635/1/2026
Private equity company: No
Real estate investment trust: No
Holding company: Yes
LCS LIVING INTERMEDIATE I LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.635/1/2026
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS LIVING INTERMEDIATE II LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.635/1/2026
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS LIVING LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.635/1/2026
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS MANAGEMENT HOLDING COMPANY LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST4.6812/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
LCS THE CLARE LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.6312/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
LIFE CARE COMPANIES LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.6312/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
LIFE CARE SERVICES COMMUNITIES LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.6312/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
MPM SENIOR LIVING INVESTORS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST13.8612/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
OAK INVESTMENT TRUSTOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST17.0112/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
OAK INVESTMENT TRUST IIOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST45.6912/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
PEARSON STREET PARTNERS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST88.6312/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
RCI LEGACY HOLDINGS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST29.6812/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
REDWOOD HOLDINGS LLCOrganization5% OR GREATER INDIRECT OWNERSHIP INTEREST29.412/28/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
LEE LINDQUISTIndividualADP OF THE SNFCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.5/8/2025
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
LIFE CARE SERVICES LLCOrganizationADP OF THE SNFCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.8/11/2025
Private equity company: No
Real estate investment trust: No
Holding company: No
LIZA C STEINFELDIndividualADP OF THE SNFCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.4/29/2025
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
MONICA A RUSBOLDTIndividualCORPORATE OFFICER012/20/2019
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
LCS MANAGEMENT HOLDING COMPANY LLCOrganizationINDIRECT OWNERSHIP INTEREST4.6812/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
MCCARTHY GROUP LLCOrganizationINDIRECT OWNERSHIP INTEREST9.647/30/2021
Private equity company: No
Real estate investment trust: No
Holding company: No
BRIDGETTE C UHLEMANNIndividualMANAGING CONTROL - GOVERNING BODYCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.2/15/2024
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
DANIEL L LAHEYIndividualMANAGING CONTROL - GOVERNING BODYCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.12/20/2019
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
GELYNNA SHAWIndividualMANAGING CONTROL - GOVERNING BODYCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.2/15/2024
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
JASON C VICTORIndividualMANAGING CONTROL - GOVERNING BODYCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.12/20/2019
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
JOHN CHRISTOPHER BIRDIndividualMANAGING CONTROL - GOVERNING BODYCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.2/15/2024
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
JASON C VICTORIndividualOPERATIONAL/MANAGERIAL CONTROLCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.2/20/2019
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
LEE LINDQUISTIndividualOPERATIONAL/MANAGERIAL CONTROLCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.2/15/2024
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
LIFE CARE SERVICES LLCOrganizationOPERATIONAL/MANAGERIAL CONTROL012/20/2019
Private equity company: No
Real estate investment trust: No
Holding company: No
LIZA C STEINFELDIndividualOPERATIONAL/MANAGERIAL CONTROLCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.10/17/2022
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
MONICA A RUSBOLDTIndividualOPERATIONAL/MANAGERIAL CONTROLCMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.12/20/2019
Private equity company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Real estate investment trust: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.
Holding company: CMS paused the expanded ownership disclosure on Form CMS-855A in guidance dated December 11, 2025; this field has not been filed under the current cycle.

Changes in ownership

Recent changes on this record

Inspections

Inspection cycleHealth inspectionFire safety inspectionHealth deficienciesFire safety deficiencies
12 May 20252 May 202565
211 April 202411 April 202425
325 May 202325 May 202328

From the Care Compare inspection summary file NH_SurveySummary_Aug2026.csv, processed on 1 August 2026.

Deficiencies cited

10 deficiencies on file, newest inspection first
Inspection dateInspection typeTagCategoryWhat was citedScope and severityComplaintCorrectedCorrection date
31 May 2026HealthF 0604Freedom from Abuse, Neglect, and Exploitation DeficienciesEnsure that each resident is free from the use of physical restraints, unless needed for medical treatment.DYesDeficient, Provider has date of correction5 June 2026
2 May 2025HealthF 0695Quality of Life and Care DeficienciesProvide safe and appropriate respiratory care for a resident when needed.DNoDeficient, Provider has date of correction16 May 2025
2 May 2025HealthF 0755Pharmacy Service DeficienciesProvide pharmaceutical services to meet the needs of each resident and employ or obtain the services of a licensed pharmacist.DNoDeficient, Provider has date of correction15 May 2025
2 May 2025HealthF 0812Nutrition and Dietary DeficienciesProcure food from sources approved or considered satisfactory and store, prepare, distribute and serve food in accordance with professional standards.FNoDeficient, Provider has date of correction15 May 2025
2 May 2025HealthF 0880Infection Control DeficienciesProvide and implement an infection prevention and control program.FNoDeficient, Provider has date of correction23 May 2025
2 May 2025HealthF 0908Environmental DeficienciesKeep all essential equipment working safely.FNoDeficient, Provider has date of correction5 May 2025
13 March 2025HealthF 0610Freedom from Abuse, Neglect, and Exploitation DeficienciesRespond appropriately to all alleged violations.DYesDeficient, Provider has date of correction28 March 2025
13 March 2025HealthF 0842Resident Assessment and Care Planning DeficienciesSafeguard resident-identifiable information and/or maintain medical records on each resident that are in accordance with accepted professional standards.DYesDeficient, Provider has date of correction28 March 2025
11 April 2024HealthF 0755Pharmacy Service DeficienciesProvide pharmaceutical services to meet the needs of each resident and employ or obtain the services of a licensed pharmacist.EYesDeficient, Provider has date of correction3 May 2024
14 October 2023HealthF 0684Quality of Life and Care DeficienciesProvide appropriate treatment and care according to orders, resident’s preferences and goals.DYesDeficient, Provider has date of correction31 October 2023

From the Care Compare health citations file NH_HealthCitations_Aug2026.csv, processed on 1 August 2026.

Penalties

Not yet extracted for this facility.

Care Compare provider information

FieldAs filed
Provider TypeMedicare
Ownership TypeFor profit - Individual
Legal Business NameCLARE PROPCO LLC
Date First Approved to Provide Medicare and Medicaid Services2010-08-31
Provider Resides in HospitalN
Continuing Care Retirement CommunityY
UrbanY
County/ParishCook
Telephone Number3127848100
Chain NameLIFE CARE SERVICES
Chain ID312
Provider Changed Ownership in Last 12 MonthsN
With a Resident and Family CouncilResident
Automatic Sprinkler Systems in All Required AreasYes
Number of Certified Beds50
Average Number of Residents per Day45.2
Overall Rating5
Health Inspection Rating4
QM Rating4
Long-Stay QM Rating3
Short-Stay QM Rating5
Processing Date2026-08-01

From the Care Compare Provider Information file NH_ProviderInfo_Aug2026.csv, processed on 1 August 2026.

Get an email when this record changes

One email a day naming what moved on TERRACES AT THE CLARE: the field, the value before, the value after, and the date of the file that first showed it.

The facility alert follows this one record: a cost report filed or a figure on one changed, an inspection, a deficiency or a penalty recorded, an owner added or removed. The certification number arrives filled in.

On 1 July 2026: MPM SENIOR LIVING INVESTORS, LLC no longer appears as INDIRECT OWNERSHIP INTEREST in the Medicare enrollment ownership file. That is one line of the alert.

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The citable document for TERRACES AT THE CLARE

This page shows the record as it stands today. The report is the citable document: the same figures with the cell each came from, and beyond this page — five facilities of a similar size in Illinois at the same fiscal year, listed by name; every change on the record rather than the recent ones below; the inspection and staffing history in blocks of their own; and a citation block naming every CMS file it was read from.

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Every figure on this page is printed as it appears in the CMS file named beside it. A figure that does not match its file? Tell us on the corrections page, quoting certification number 146141.