Velarion Records
Follow this facility
Unsubscribe any time.

Skilled nursing facility · CMS certification number 675565

PARKWOOD VILLAGE

BEDFORD, Texas · Medicare and Medicaid · 107 certified beds in Care Compare

Download PARKWOOD VILLAGE’s record (CSV, each figure with its worksheet, line and column)

PARKWOOD VILLAGE: its citable report, full history — $295 · an email when it changes — $99/month

What stands out

  • Its latest cost report on file is for fiscal year 2024, covering January 1, 2024 to December 31, 2024 (365 days), and CMS processed it on June 24, 2025.
  • Net patient revenue rose from $8.2M in fiscal year 2023 to $8.9M in fiscal year 2024.
  • Its result from service to patients: −$1.0M (2022), −$7.0M (2023), −$6.2M (2024).
  • Its cost reports on file run from fiscal year 1996 to fiscal year 2024.
  • Its net patient revenue of $8.9M ranks 209th of the 681 nursing facilities in Texas whose latest cost report on file is fiscal year 2024.
  • 2 of the 5 nursing facilities in Texas closest in size to it, whose latest cost report on file is fiscal year 2024, also report a loss on service to patients.

PARKWOOD VILLAGE: Medicare cost reports

Cost reports on form CMS-2540-10, fiscal years 2011 to 2024
Form CMS-2540-102024 · report 14323942023 · report 13907452022 · report 13609042021 · report 13266702020 · report 13434252019 · report 13121692018 · report 12461992017 · report 12195002016 · report 11747932015 · report 11428062014 · report 11437132013 · report 10752842012 · report 10452192011 · report 1058369
Period beganJanuary 1, 2024January 1, 2023January 1, 2022January 1, 2021January 1, 2020January 1, 2019January 1, 2018January 1, 2017January 1, 2016January 1, 2015January 1, 2014January 1, 2013January 1, 2012January 1, 2011
Period endedDecember 31, 2024December 31, 2023December 31, 2022December 31, 2021December 31, 2020December 31, 2019December 31, 2018December 31, 2017December 31, 2016December 31, 2015June 29, 2014December 31, 2013December 31, 2012December 31, 2011
Days, where not a full year——————————179———
Report statusas submittedsettledsettledsettledsettledsettledsettledsettledsettledsettledsettledsettledsettledsettled
Processed by CMSJune 24, 2025July 31, 2024August 3, 2023July 22, 2022February 28, 2023March 16, 2022November 25, 2019February 12, 2019August 24, 2017August 29, 2016September 30, 2016August 7, 2014August 1, 2013April 18, 2014
Total patient revenue$11,523,104$10,388,725$11,218,504$11,558,964$10,778,933$12,531,643$13,173,186$13,213,135$15,168,021$14,922,057$7,778,835$15,176,319$14,250,895$13,593,255
Contractual allowances and discounts$2,583,544$2,191,775$1,532,294$1,289,163$1,406,063$2,298,529$2,526,524$2,311,126$3,152,540$2,660,650$2,318,865$4,885,710$3,465,145$2,375,788
Net patient revenue$8,939,560$8,196,950$9,686,210$10,269,801$9,372,870$10,233,114$10,646,662$10,902,009$12,015,481$12,261,407$5,459,970$10,290,609$10,785,750$11,217,467
Total operating expenses$15,098,578$15,197,878$10,704,121$10,518,005$10,132,770$9,952,623$11,019,922$12,183,630$12,284,595$12,668,980$4,498,678$8,759,775$8,674,126$8,558,108
Net income from service to patients−$6,159,018−$7,000,928−$1,017,911−$248,204−$759,900$280,491−$373,260−$1,281,621−$269,114−$407,573$961,292$1,530,834$2,111,624$2,659,359
Total other income−$3,430,611$454,174$147,803$89,214$759,901−$280,491$29,649$46,898$18,033$51,559$22,861,675$17,126$46,623$39,883
Net income after other income−$9,589,629−$6,546,754−$870,108−$158,990$1—−$343,611−$1,234,723−$251,081−$356,014$23,822,967$1,547,960$2,158,247$2,699,242
Net income−$9,589,629−$6,546,754−$870,108−$158,990$1—−$343,611−$1,234,723−$251,081−$356,014$23,822,967$1,547,960$2,158,247$2,699,242
Total facility beds, all components167167167167167167177177177177177177177177
Bed days available, all components61,122—————————————
Medicare (Title XVIII) patient days2,005—————————————
Medicaid (Title XIX) patient days3,006—————————————
Other-payer patient days33,318—————————————
Total patient days, all components38,32938,16743,02543,43538,29941,01143,43847,52252,94152,94547,56895,65651,82053,105
Medicare discharges74—————————————
Medicaid discharges5—————————————
Other-payer discharges376—————————————
Total discharges, all components455377371362391563585675536479286604567538
Average length of stay, Medicare, in days27.0930.533.332.6932.6132.528.7930.7237.6742.438.4636.7132.4933.76
Average length of stay, Medicaid, in days601.2396.08582.51,934.67999.83506.5296.75———————
Average length of stay, all patients, in days84.24101.24115.97119.9997.9572.8474.2570.498.77110.53166.32158.3791.3998.71

Net income, fiscal years 2024, 2023, 2022, 2021, 2020, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011. Checked against the form’s own arithmetic: what that check shows.

Cost reports on form CMS-2540-96, fiscal years 1996 to 2010
Form CMS-2540-962010 · report 4129642009 · report 3861352008 · report 3569922007 · report 3145162006 · report 2931572005 · report 2614332004 · report 2351192003 · report 1942642002 · report 1963762001 · report 1679232000 · report 1457511999 · report 1457551998 · report 660961997 · report 660931996 · report 164224
Period beganJanuary 1, 2010January 1, 2009January 1, 2008January 1, 2007January 1, 2006January 1, 2005January 1, 2004January 1, 2003January 1, 2002January 1, 2001January 1, 2000January 1, 1999January 1, 1998January 1, 1997February 22, 1996
Period endedDecember 31, 2010December 31, 2009December 31, 2008December 31, 2007December 31, 2006December 31, 2005December 31, 2004December 31, 2003December 31, 2002December 31, 2001December 31, 2000December 31, 1999December 31, 1998December 31, 1997December 31, 1996
Report statussettledsettledsettledas submittedsettledsettledsettledsettledsettledsettledsettledsettledsettledreopenedreopened
Processed by CMSJuly 26, 2011August 24, 2010September 21, 2009June 16, 2008August 31, 2007August 17, 2006October 21, 2005September 21, 2004September 29, 2004January 30, 2004May 22, 2003May 22, 2003November 1, 2000April 21, 2000November 26, 2003
Net patient revenue$11,697,260$10,497,108$9,565,889$9,590,112$9,115,374$7,631,000$7,419,381$7,608,565$6,944,032$5,847,860$5,432,136$5,296,024$5,987,123$5,595,031$2,454,052
Total operating expenses$8,909,792$8,392,234$8,160,118$8,121,601$7,795,852$6,719,374$5,949,513$6,212,647$5,590,898$5,189,725$4,991,140$4,859,072$5,377,503$4,933,014$2,721,331
Net income from service to patients$2,787,468$2,104,874$1,405,771$1,468,511$1,319,522$911,626$1,469,868$1,395,918$1,353,134$658,135$440,996$436,952$609,620$662,017−$267,279
Total other income$38,355$41,107$50,089$52,862$46,810$47,654$51,235$64,076$76,292$56,840$64,922$68,325$123,023$45,746$24,822
Total other expenses——————————−$2————
Net income$2,825,823$2,145,981$1,455,860$1,521,373$1,366,332$959,280$1,521,103$1,459,994$1,429,426$714,975$505,920$505,277$732,643$707,763−$242,457
Total facility beds, all components177177177177177170170170177184184184184184184
Total patient days, all components53,66550,49751,93856,27053,09848,31750,53652,65852,22849,73750,52149,28150,17945,38524,936
Total discharges, all components656532506455352292301376568302352203324358185
Average length of stay, Medicare, in days32.9836.6436.7935.2938.7240.538.2238.9426.528.1320.1717.622.5529.1922.67
Average length of stay, all patients, in days81.8194.92102.64123.67150.85165.47167.89140.0591.95164.69143.53242.76154.87126.77134.79

Net income, fiscal years 2010, 2009, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996. Checked against the form’s own arithmetic: what that check shows.

PARKWOOD VILLAGE: nurse staffing hours by quarter →

Who owns PARKWOOD VILLAGE, as filed with CMS

Care Compare

  • 5% OR GREATER DIRECT OWNERSHIP INTEREST: MUSTANG SNF HOLDINGS LLC (organization), 100%%, since 09/02/2025
  • 5% OR GREATER INDIRECT OWNERSHIP INTEREST: JAVELIN GROUP FUNDING I, LP (organization), 5%%, since 09/02/2025; LMOF V MUSTANG AIV LLC (organization), 95%%, since 09/02/2025
  • ADP OF THE SNF: JAVELIN GROUP FUNDING I, LP (organization), NOT APPLICABLE, since 09/02/2025; LMOF V MUSTANG AIV LLC (organization), NOT APPLICABLE, since 09/02/2025; MUSTANG SNF HOLDINGS LLC (organization), NOT APPLICABLE, since 09/02/2025; PARKWOOD CARE PROPCO LP (organization), NOT APPLICABLE, since 09/02/2025; ROGET, ALAN (individual), NOT APPLICABLE, since 09/02/2025
  • INDIRECT OWNERSHIP INTEREST: EDEN, KEVIN (individual), NOT APPLICABLE, since 09/02/2025; NAUL, ALAN (individual), NOT APPLICABLE, since 09/02/2025
  • MANAGING CONTROL - GOVERNING BODY: EDEN, KEVIN (individual), NOT APPLICABLE, since 09/02/2025
  • OPERATIONAL/MANAGERIAL CONTROL: EDEN, KEVIN (individual), NOT APPLICABLE, since 09/02/2025; NAUL, ALAN (individual), NOT APPLICABLE, since 09/02/2025; ROGET, ALAN (individual), NOT APPLICABLE, since 09/02/2025; VILLAGE SENIOR CARE LLC (organization), NOT APPLICABLE, since 09/02/2025

Medicare enrollment

As filed in the CMS file dated October 1, 2026 (Medicare enrollment ownership), under the enrollment of LCS-PHC LLC (enrollment ID O20140828000245).

  • 5% OR GREATER DIRECT OWNERSHIP INTEREST: MUSTANG SNF HOLDINGS LLC (organization), 100.00%, since 09/02/2025
  • 5% OR GREATER INDIRECT OWNERSHIP INTEREST: JAVELIN GROUP FUNDING I, LP (organization), 5.00%, since 09/02/2025; LMOF V MUSTANG AIV LLC (organization), 95.00%, since 09/02/2025
  • ADP OF THE SNF: ALAN ROGET (individual), since 09/02/2025; JAVELIN GROUP FUNDING I, LP (organization), since 09/02/2025; LMOF V MUSTANG AIV LLC (organization), since 09/02/2025; MUSTANG SNF HOLDINGS LLC (organization), since 09/02/2025; PARKWOOD CARE PROPCO LP (organization), since 09/02/2025
  • INDIRECT OWNERSHIP INTEREST: ALAN NAUL (individual), 2.75%, since 09/02/2025; KEVIN EDEN (individual), 2.25%, since 09/02/2025
  • MANAGING CONTROL - GOVERNING BODY: KEVIN EDEN (individual), since 09/02/2025
  • OPERATIONAL/MANAGERIAL CONTROL: ALAN NAUL (individual), since 09/02/2025; ALAN ROGET (individual), since 09/02/2025; KEVIN EDEN (individual), since 09/02/2025; VILLAGE SENIOR CARE LLC (organization), since 09/02/2025

Paused by CMS: Form CMS-855A, December 11, 2025.

Private equity company, real estate investment trust and holding company: No: MUSTANG SNF HOLDINGS LLC; JAVELIN GROUP FUNDING I, LP; LMOF V MUSTANG AIV LLC; JAVELIN GROUP FUNDING I, LP; LMOF V MUSTANG AIV LLC; MUSTANG SNF HOLDINGS LLC; PARKWOOD CARE PROPCO LP; VILLAGE SENIOR CARE LLC.

Private equity company, real estate investment trust and holding company: Paused by CMS: ALAN ROGET; ALAN NAUL; KEVIN EDEN; KEVIN EDEN; ALAN NAUL; ALAN ROGET; KEVIN EDEN.

Changes in ownership

  • March 1, 2026, enrollment ownership file; no longer listed: MPM SENIOR LIVING INVESTORS LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); AKASH BHATIA (ADP OF THE SNF); AKASH BHATIA (OPERATIONAL/MANAGERIAL CONTROL); REDWOOD HOLDINGS, LLC (ADP OF THE SNF); REDWOOD HOLDINGS, LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); PNC BANK (5% OR GREATER SECURITY INTEREST); PNC BANK (5% OR GREATER MORTGAGE INTEREST); SOROUSH BEHNAM (ADP OF THE SNF); RCI LEGACY HOLDINGS LLC (ADP OF THE SNF); RCI LEGACY HOLDINGS LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); LCS MANAGEMENT HOLDING COMPANY, LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); JOHN CHRISTOPHER BIRD (CORPORATE OFFICER); OAK INVESTMENT TRUST II (ADP OF THE SNF); OAK INVESTMENT TRUST II (5% OR GREATER INDIRECT OWNERSHIP INTEREST); MCCARTHY GROUP LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); LCS PHC TENANT MM LLC (ADP OF THE SNF); LCS PHC TENANT MM LLC (5% OR GREATER SECURITY INTEREST); LCS PHC TENANT MM LLC (5% OR GREATER DIRECT OWNERSHIP INTEREST); OAK INVESTMENT TRUST (ADP OF THE SNF); OAK INVESTMENT TRUST (5% OR GREATER INDIRECT OWNERSHIP INTEREST); SYNOVOUS BANK, NATIONAL ASSOCIATION (5% OR GREATER SECURITY INTEREST); SYNOVOUS BANK, NATIONAL ASSOCIATION (5% OR GREATER MORTGAGE INTEREST); LCS HOLDING COMPANY LLC (ADP OF THE SNF); LCS HOLDING COMPANY LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); LIFE CARE SERVICES COMMUNITIES, LLC (ADP OF THE SNF); LIFE CARE SERVICES COMMUNITIES, LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); LCS PHC OPERATOR MM LLC (5% OR GREATER DIRECT OWNERSHIP INTEREST); LCS DALLAS OPERATIONS LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); LAKEMORE LCS LEASING PHC LLC (ADP OF THE SNF); LAKEMORE LCS LEASING PHC LLC (5% OR GREATER SECURITY INTEREST); LIFE CARE SERVICES LLC (ADP OF THE SNF); LIFE CARE SERVICES LLC (OPERATIONAL/MANAGERIAL CONTROL); JASON C VICTOR (CORPORATE OFFICER); MICHAEL J ANDREASEN (CORPORATE OFFICER); DANIEL L LAHEY (CORPORATE OFFICER); LIFE CARE COMPANIES LLC (ADP OF THE SNF); LIFE CARE COMPANIES LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST); first listed: ALAN ROGET (ADP OF THE SNF), associated since September 2, 2025; ALAN ROGET (OPERATIONAL/MANAGERIAL CONTROL), associated since September 2, 2025; VILLAGE SENIOR CARE LLC (OPERATIONAL/MANAGERIAL CONTROL), associated since September 2, 2025; LMOF V MUSTANG AIV LLC (ADP OF THE SNF), associated since September 2, 2025; LMOF V MUSTANG AIV LLC (5% OR GREATER INDIRECT OWNERSHIP INTEREST), associated since September 2, 2025; MUSTANG SNF HOLDINGS LLC (ADP OF THE SNF), associated since September 2, 2025; MUSTANG SNF HOLDINGS LLC (5% OR GREATER DIRECT OWNERSHIP INTEREST), associated since September 2, 2025; JAVELIN GROUP FUNDING I, LP (ADP OF THE SNF), associated since September 2, 2025; JAVELIN GROUP FUNDING I, LP (5% OR GREATER INDIRECT OWNERSHIP INTEREST), associated since September 2, 2025; KEVIN EDEN (INDIRECT OWNERSHIP INTEREST), associated since September 2, 2025; KEVIN EDEN (MANAGING CONTROL - GOVERNING BODY), associated since September 2, 2025; KEVIN EDEN (OPERATIONAL/MANAGERIAL CONTROL), associated since September 2, 2025; PARKWOOD CARE PROPCO LP (ADP OF THE SNF), associated since September 2, 2025; ALAN NAUL (INDIRECT OWNERSHIP INTEREST), associated since September 2, 2025; ALAN NAUL (OPERATIONAL/MANAGERIAL CONTROL), associated since September 2, 2025. Skilled_Nursing_Facility_All_Owners_:_2026-03-01.csv
  • September 1, 2025, enrollment ownership file; no longer listed: SOROUSH BEHNAM (CONTRACTED MANAGING EMPLOYEE); 2019 SJB FAMILY TRUST (5% OR GREATER INDIRECT OWNERSHIP INTEREST); JOEL D NELSON (CORPORATE OFFICER); DIANE C BRIDGEWATER (CORPORATE OFFICER); SAMANTHA JONES (OPERATIONAL/MANAGERIAL CONTROL); first listed: AKASH BHATIA (ADP OF THE SNF), associated since March 3, 2025; REDWOOD HOLDINGS, LLC (ADP OF THE SNF), associated since December 28, 2021; PNC BANK (5% OR GREATER SECURITY INTEREST), associated since December 19, 2017; PNC BANK (5% OR GREATER MORTGAGE INTEREST), associated since December 19, 2017; SOROUSH BEHNAM (ADP OF THE SNF), associated since February 15, 2024; RCI LEGACY HOLDINGS LLC (ADP OF THE SNF), associated since December 28, 2021; JOHN CHRISTOPHER BIRD (CORPORATE OFFICER), associated since February 15, 2024; OAK INVESTMENT TRUST II (ADP OF THE SNF), associated since December 28, 2021; LCS PHC TENANT MM LLC (ADP OF THE SNF), associated since April 15, 2025; LCS PHC TENANT MM LLC (5% OR GREATER SECURITY INTEREST), associated since December 28, 2021; OAK INVESTMENT TRUST (ADP OF THE SNF), associated since December 28, 2021; SYNOVUS BANK (5% OR GREATER SECURITY INTEREST), associated since December 19, 2017; SYNOVUS BANK (5% OR GREATER MORTGAGE INTEREST), associated since December 19, 2017; LCS HOLDING COMPANY LLC (ADP OF THE SNF), associated since December 27, 2021; LIFE CARE SERVICES COMMUNITIES, LLC (ADP OF THE SNF), associated since December 19, 2017; LAKEMORE LCS LEASING PHC LLC (ADP OF THE SNF), associated since December 19, 2017; LAKEMORE LCS LEASING PHC LLC (5% OR GREATER SECURITY INTEREST), associated since December 19, 2017; LIFE CARE SERVICES LLC (ADP OF THE SNF), associated since March 5, 2025; DANIEL L LAHEY (CORPORATE OFFICER), associated since February 15, 2024; LIFE CARE COMPANIES LLC (ADP OF THE SNF), associated since December 19, 2017. Skilled_Nursing_Facility_All_Owners_:_2025-09-01.csv
  • July 1, 2024, enrollment ownership file; first listed: SOROUSH BEHNAM (CONTRACTED MANAGING EMPLOYEE), associated since February 15, 2024. Skilled_Nursing_Facility_All_Owners_:_2024-07-01.csv

Recent changes on this record

Inspections of PARKWOOD VILLAGE

  • Cycle 1: health March 20, 2026 (10 deficiencies), fire safety March 20, 2026 (5)
  • Cycle 2: health December 12, 2024 (6 deficiencies), fire safety December 12, 2024 (4)
  • Cycle 3: health November 8, 2023 (6 deficiencies), fire safety November 8, 2023 (9)

Deficiencies cited at PARKWOOD VILLAGE

22 deficiencies on file, by tag, newest citation first

every one from a health inspection; 8 cited from a complaint, marked below. Letter after a date: scope and severity grade.

  • F 0627, resident rights: August 18, 2026 (E, from a complaint, Deficient, Provider has no plan of correction).
  • F 0628, resident rights: August 18, 2026 (E, from a complaint, Deficient, Provider has no plan of correction).
  • F 0677, quality of life and care: July 13, 2026 (D, from a complaint, Deficient, Provider has date of correction, corrected August 1, 2026); March 20, 2026 (E, Deficient, Provider has date of correction, corrected April 13, 2026).
  • F 0689, quality of life and care: July 13, 2026 (D, from a complaint, Deficient, Provider has date of correction, corrected August 1, 2026); December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025).
  • F 0610, freedom from abuse, neglect, and exploitation: May 29, 2026 (D, from a complaint, Deficient, Provider has date of correction, corrected July 3, 2026).
  • F 0692, quality of life and care: March 20, 2026 (D, Deficient, Provider has date of correction, corrected April 13, 2026).
  • F 0842, resident assessment and care planning: March 20, 2026 (E, Deficient, Provider has date of correction, corrected April 13, 2026).
  • F 0868, administration: March 20, 2026 (B, Deficient, Provider has date of correction, corrected April 13, 2026).
  • F 0880, infection control: March 20, 2026 (D, Deficient, Provider has date of correction, corrected April 13, 2026); December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025).
  • F 0656, resident assessment and care planning: December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025); November 8, 2023 (E, Deficient, Provider has date of correction, corrected December 1, 2023).
  • F 0700, quality of life and care: December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025).
  • F 0755, pharmacy service: December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025).
  • F 0761, pharmacy service: December 12, 2024 (D, Deficient, Provider has date of correction, corrected January 8, 2025); February 23, 2024 (E, from a complaint, Deficient, Provider has date of correction, corrected March 24, 2024).
  • F 0695, quality of life and care: February 23, 2024 (D, from a complaint, Deficient, Provider has date of correction, corrected March 24, 2024).
  • F 0921, environmental: February 23, 2024 (D, from a complaint, Deficient, Provider has date of correction, corrected March 24, 2024).
  • F 0640, resident assessment and care planning: November 8, 2023 (E, Deficient, Provider has date of correction, corrected December 1, 2023).
  • F 0812, nutrition and dietary: November 8, 2023 (E, Deficient, Provider has date of correction, corrected December 1, 2023).

PARKWOOD VILLAGE in Care Compare

  • Ownership Type: For profit - Limited Liability company
  • Legal Business Name: LCS-PHC LLC
  • Date First Approved to Provide Medicare and Medicaid Services: 1996-02-22
  • Provider Resides in Hospital: N
  • Continuing Care Retirement Community: N
  • Urban: Y
  • County/Parish: Tarrant
  • Telephone Number: 8173546556
  • Chain Name: LIFE CARE SERVICES
  • Chain ID: 312
  • Provider Changed Ownership in Last 12 Months: N
  • With a Resident and Family Council: Both
  • Automatic Sprinkler Systems in All Required Areas: Yes
  • Average Number of Residents per Day: 72.8
  • Overall Rating: 5
  • Health Inspection Rating: 4
  • QM Rating: 5
  • Long-Stay QM Rating: 5
  • Short-Stay QM Rating: 5

Care Compare, October 1, 2026: provider information NH_ProviderInfo_Oct2026.csv · inspections NH_SurveySummary_Oct2026.csv · citations NH_HealthCitations_Oct2026.csv · ownership NH_Ownership_Oct2026.csv.

Nothing on file for PARKWOOD VILLAGE: no penalty in Care Compare.

Other nursing facilities in BEDFORD and Texas

Report a figure on PARKWOOD VILLAGE’s record that differs from its CMS file, quoting 675565.