Occupancy rate
59%
14% lower than Indiana averageIndiana average: 69%
Mostly long-term care residents
Most residents stay for extended periods and receive ongoing daily care.
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Nursing Home
Alpha Home – a Waters Community
Alpha Home - A Waters Community is a rehabilitation and skilled nursing center. It offers long-term skilled nursing, pain management, memory care, and rehab-to-home programs. The facility is known for providing comprehensive, individualized care in a warm and inviting community.
Quality ratings
The Overall CMS Rating combines results from health inspections, staffing levels and quality measures. Health inspections carry the most weight. Staffing and quality scores can increase or decrease the final rating based on performance compared to state and national standards.
Based on the results of the facility's three most recent standard inspections and any complaint investigations. CMS reviews the number, scope, and severity of deficiencies, with more recent findings weighted more heavily.
Measures average nursing staff hours per resident per day, including Registered Nurses (RNs) and total nursing staff. Ratings are adjusted based on the level of care residents require and are compared to state and national benchmarks.
Based on clinical and physical health indicators reported to CMS, such as hospital readmissions, falls, pressure ulcers, and improvements in mobility. These measures reflect how well residents' health needs are being managed.
Nursing care per resident
This shows how many total hours of nursing staff time are available per resident each day. Higher numbers usually mean more staff support.
Capacity and availability
Smaller home
May offer a more intimate, personalized care environment.
Total beds
86
This home usually has availability
Lower occupancy suggests more openings may be available.
Occupancy rate
59.3%
Residents per day (avg)
53
Occupancy rate
59.3%
Residents per day (avg)
53
Who this home usually serves
Show admissions and discharges
TYPE OF STAY
Might be optimal for
Long-term daily care
Ongoing support needs
Breakdown by payment type
Medicare
12% of new residents, usually for short-term rehab.
Typical stay
3 - 4 months
Private pay
43% of new residents, often for short stays.
Typical stay
1 - 2 months
Medicaid
44% of new residents, often for long-term daily care.
Typical stay
7 - 8 months
Finances and operations
Voluntary non-profit community
Home revenue
$8.6M
Surplus of revenue
$522.5K
Voluntary non-profit community
Home revenue
$8,589,401.00
Surplus of revenue
$522,482.00
Payroll costs
The portion of the home's budget spent on staff, including nurses, caregivers, and other employees who support care and operations.
$3.2M
The portion of the home's budget spent on staff, including nurses, caregivers, and other employees who support care and operations.
Other operating costs
All remaining costs needed to run the home, such as food, utilities, building maintenance, supplies and administrative expenses.
$4.9M
All remaining costs needed to run the home, such as food, utilities, building maintenance, supplies and administrative expenses.
Total costs
$8.1M
86-bed community
A larger shared setting that may offer more common spaces and organized community services.
1 year in operation
A newer community that may feature more recent facilities and programs.
About this community
Occupancy
14% lower than Indiana averageOccupied beds
51 / 86
Average residents
70 per day
License details
Facility type
Nursing Home (skilled Nursing Facility)
Status
Active
Issuance
October 1, 2024
Additional licensing details
License number:
24-000376-1
CMS Certification Number:
155717
Ownership & operating entity
Alpha Home – a Waters Community is administrated by DAVID REED.
Profit status:
NON-PROFIT
Staffing
Key information about the people who lead and staff this community.
Leadership
Director of Nursing:
KAREN NAUDEN
Care Services
Nursing Services
Rehabilitation Services
Respite Care
Memory Care
Skilled Nursing
Licensed Nurses/CNAs
Contact Information
Fax:
(317) 923-0352
Programs & Activities
Specific Programs
Living Well, In Motion, Memory Springs, Respite Care, Comprehensive Wound Care, Respiratory Services
Inspection History
In Indiana, the Department of Health, Division of Long Term Care is the primary regulatory body that performs onsite inspections and quality of care reviews for all licensed facilities.
9 visits/inspections
Results
4 with citations
0 without citations
Indiana average: 8 complaint visits
Indiana average: 3 inspections with citations
Show Inspection Reports
4 complaints
Formal expressions of dissatisfaction or concern made by residents, or their families regarding various aspects of the care, services, and environment provided.
Indiana average: 4 complaints
Latest inspection
Date:June 26, 2025
Type:Re Inspection
42 total citations
Citations indicate regulatory violations. A higher number implies the facility had several areas requiring improvement.
Indiana average: 26 citations
42 deficiencies
Deficiencies indicate regulatory issues. A higher number implies the facility had several areas requiring improvement.
Inspection Report Summary for Alpha Home – a Waters Community
The most recent inspection on June 26, 2025, found the facility in compliance with no deficiencies cited during the post-survey revisit related to a prior complaint investigation. Earlier inspections showed a pattern of deficiencies primarily involving resident care issues such as pressure ulcer prevention, fall interventions, and medication storage, as well as life safety concerns including corridor door latching and electrical safety. Substantiated complaint investigations included failures in pressure ulcer care resulting in hospitalization, lack of physician orders for tracheostomy care, and protection of resident property with unauthorized spending identified; enforcement actions such as fines or license suspensions were not listed in the available reports. Most complaint investigations were unsubstantiated, and the facility corrected cited deficiencies through systemic actions and follow-up surveys. The inspection history indicates improvement over time, with recent inspections showing compliance after addressing earlier identified issues.
Health Inspection History
Inspections
Total health inspections
6
Indiana average 6
Last Health inspection on May 2025
Total health citations
55
Indiana average 25
Citations per inspection
9.17
Indiana average 4.12
Health citations are formal notices following inspections when they fail to comply with safety and care standards.
50 of 55 citations resulted from standard inspections; and 5 of 55 resulted from complaint investigations.
Breakdown of citation severity (last 3 years)
Critical Health citations
1
1
400% worse than Indiana averageIndiana average: 0.2
Serious Health citations
3
3
400% worse than Indiana averageIndiana average: 0.6
1 critical citation
3 serious citations
49 moderate citations
2 minor citations
Citations history (last 3 years)
Pharmacy moderate citation
Issues related to medication management, including how drugs are stored, administered, and monitored.
May 28, 2025
Issues related to medication management, including how drugs are stored, administered, and monitored.
May 28, 2025
Corrected
Quality of Care serious citation
Issues related to how well residents receive appropriate treatment and support for their medical and daily care needs.
May 28, 2025
Issues related to how well residents receive appropriate treatment and support for their medical and daily care needs.
May 28, 2025
Corrected
Quality of Care moderate citation
Issues related to how well residents receive appropriate treatment and support for their medical and daily care needs.
May 28, 2025
Issues related to how well residents receive appropriate treatment and support for their medical and daily care needs.
May 28, 2025
Corrected
Administration moderate citation
Issues related to how the facility is managed, including policies, procedures, and compliance with regulations.
Sep 26, 2024
Issues related to how the facility is managed, including policies, procedures, and compliance with regulations.
Sep 26, 2024
Corrected
Data sourced from CMS Health Deficiencies reports. Citation severity codes range from A (least serious) to L (most serious). Immediate Jeopardy (J-L) citations indicate situations where the facility's noncompliance has placed residents at risk of death or serious harm.
Compare Nursing Homes around Indianapolis The information below is reported by the Indiana Department of Health, Division of Long Term Care.
Chalet Rehabilitation and Healthcare Center
NH
Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care).
AL
Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.
INDIANAPOLIS
88
83.5%
+20%
2.66
-23%
0
14
0
74
-
-
-
$15,4M
$3,5M
22.5%
155336
Creekside Health and Rehabilitation Center
NH
Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care).
AL
Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.
INDIANAPOLIS
120
91.7%
+32%
4.22
+23%
0
40
2
106
-
-
Creekside Rehab Holdings, Llc
$19,7M
$6,7M
33.8%
155628
Brickyard Healthcare – Brookview Care Center
NH
Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care).
AL
Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.
INDIANAPOLIS
136
49.6%
-29%
3.57
+4%
0
40
1
80
-
-
Brookview Operating Llc
$8,6M
$3,9M
45%
155076
American Village
NH
Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care).
AL
Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.
Indianapolis (Canterbury-Chatard)
229
73.4%
+6%
3.36
-2%
0
55
0
121
A+
70
Couch, Gina
$19,9M
$9,3M
46.9%
155292
Alpha Home – a Waters Community
NH
Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care).
AL
Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.
INDIANAPOLIS
86
66.6%
-4%
2.95
-14%
1
55
4
53
-
-
Alpha Home - A Waters Community
$8,6M
$3,2M
36.7%
155717
Places of interest near Alpha Home – a Waters Community
3.1 miles from city center
2640 COLD SPRING RD, INDIANAPOLIS, IN 46222
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Staffing Data (Q2 2025)
This data corresponds to Q2 2025 and is based on CMS Payroll-Based Journal.
Total staff
100
Employees
86
Contractors
14
Staff to resident ratio
1.85:1
1851752% better than Indiana averageIndiana average ratio: 0.00:1
Avg staff/day
32
Average shift
7.2 hours
6% worse than Indiana averageIndiana average: 7.7 hours
Total staff hours (quarter)
21,019
Nursing staff breakdown
Registered Nurse
Manages medical care and health needs.
Total count
9
Average shift length
Average shift length. Calculated as total hours divided by days worked and average staff per day.
8.5 hours
Average shift length. Calculated as total hours divided by days worked and average staff per day.
8.5 hoursThis role is partially covered by contractors.
Licensed Practical Nurse
Assists with medical care and medications.
Total count
11
Average shift length
Average shift length. Calculated as total hours divided by days worked and average staff per day.
7.1 hours
Average shift length. Calculated as total hours divided by days worked and average staff per day.
7.1 hoursNo contractors work on this role.
Certified Nursing Assistant
Helps with daily care and mobility.
Total count
29
Average shift length
Average shift length. Calculated as total hours divided by days worked and average staff per day.
7.3 hours
Average shift length. Calculated as total hours divided by days worked and average staff per day.
7.3 hoursNo contractors work on this role.
Contractor staffing
Total hours from contractors
6.5%
1,364 contractor hours this quarter
Registered Nurse: 4
Qualified Social Worker: 3
Physical Therapy Aide: 3
Respiratory Therapy Technician: 2
Physical Therapy Assistant: 1
Speech Language Pathologist: 1
Staff by category
| Certified Nursing Assistant | 29 | 0 | 29 | 6,767 | 91 | 100% | 7.3 |
| Licensed Practical Nurse | 11 | 0 | 11 | 2,928 | 91 | 100% | 7.1 |
| Medication Aide/Technician | 10 | 0 | 10 | 2,512 | 91 | 100% | 7.1 |
| Registered Nurse | 5 | 4 | 9 | 2,332 | 91 | 100% | 8.5 |
| Other Dietary Services Staff | 22 | 0 | 22 | 2,098 | 90 | 99% | 7.2 |
| RN Director of Nursing | 4 | 0 | 4 | 1,031 | 70 | 77% | 7.8 |
| Mental Health Service Worker | 1 | 0 | 1 | 531 | 65 | 71% | 8.2 |
| Nurse Practitioner | 2 | 0 | 2 | 520 | 59 | 65% | 8.8 |
| Administrator | 1 | 0 | 1 | 515 | 64 | 70% | 8 |
| Dietitian | 1 | 0 | 1 | 444 | 65 | 71% | 6.8 |
| Physical Therapy Assistant | 0 | 1 | 1 | 443 | 64 | 70% | 6.9 |
| Speech Language Pathologist | 0 | 1 | 1 | 410 | 64 | 70% | 6.4 |
| Qualified Social Worker | 0 | 3 | 3 | 282 | 39 | 43% | 7.2 |
| Physical Therapy Aide | 0 | 3 | 3 | 115 | 26 | 29% | 4.4 |
| Respiratory Therapy Technician | 0 | 2 | 2 | 91 | 26 | 29% | 3.5 |
29 Certified Nursing Assistant
% of Days
100%
11 Licensed Practical Nurse
% of Days
100%
10 Medication Aide/Technician
% of Days
100%
9 Registered Nurse
% of Days
100%
22 Other Dietary Services Staff
% of Days
99%
4 RN Director of Nursing
% of Days
77%
1 Mental Health Service Worker
% of Days
71%
2 Nurse Practitioner
% of Days
65%
1 Administrator
% of Days
70%
1 Dietitian
% of Days
71%
1 Physical Therapy Assistant
% of Days
70%
1 Speech Language Pathologist
% of Days
70%
3 Qualified Social Worker
% of Days
43%
3 Physical Therapy Aide
% of Days
29%
2 Respiratory Therapy Technician
% of Days
29%
Facility Characteristics
Source: CMS Long-Term Care Facility Characteristics (Data as of Jan 2026)
Total census
54 residents
Residents by payment source
Medicare
4 residents (7.4%)
Medicaid
42 residents (77.8%)
Private pay or other
8 residents (14.8%)
Programs & Services
Residents' Group
Residents meet regularly to discuss policies, care quality, and activities
Active Resident Council
Organized group of residents that meets regularly to discuss facility policies, quality of life, and activities.
Data sourced from CMS Long-Term Care Facility Characteristics quarterly report. Payer mix reflects the current resident census by primary payment source.
Quality of care over time
These measures show how residents usually do over time at this home, based on health outcomes and preventive care.
High-risk clinical events score
A composite score based on pressure ulcers, falls with injury, weight loss, walking ability decline, and activities of daily living decline.
6.9
A composite score based on pressure ulcers, falls with injury, weight loss, walking ability decline, and activities of daily living decline.
6.9
13% better than Indiana averageIndiana average: 8.0
Functional decline score
A composite score based on activities of daily living decline, walking ability decline, and incontinence.
19.3
A composite score based on activities of daily living decline, walking ability decline, and incontinence.
19.3
13% worse than Indiana averageIndiana average: 17.1
Long-stay resident measures
Need for Help with Daily Activities Increased
Percent of long-stay residents whose need for help with daily activities has increased
13.1%
Percent of long-stay residents whose need for help with daily activities has increased
13.1%
8% worse than Indiana averageIndiana average: 12.0%
Walking Ability Worsened
Percent of long-stay residents whose ability to move independently worsened
15.4%
Percent of long-stay residents whose ability to move independently worsened
15.4%
7% worse than Indiana averageIndiana average: 14.4%
Low Risk Residents with Bowel/Bladder Incontinence
Percent of low risk long-stay residents who lose control of their bowels or bladder
29.5%
Percent of low risk long-stay residents who lose control of their bowels or bladder
29.5%
20% worse than Indiana averageIndiana average: 24.6%
Falls with Major Injury
Percent of long-stay residents experiencing one or more falls with major injury
2.0%
Percent of long-stay residents experiencing one or more falls with major injury
2.0%
49% better than Indiana averageIndiana average: 3.9%
High Risk Residents with Pressure Ulcers
Percent of long-stay high risk residents with pressure ulcers
3.1%
Percent of long-stay high risk residents with pressure ulcers
3.1%
28% better than Indiana averageIndiana average: 4.4%
Urinary Tract Infection
Percent of long-stay residents with a urinary tract infection
0.0%
Percent of long-stay residents with a urinary tract infection
0.0%
100% better than Indiana averageIndiana average: 1.2%
Lost Too Much Weight
Percent of long-stay residents who lose too much weight
1.1%
Percent of long-stay residents who lose too much weight
1.1%
80% better than Indiana averageIndiana average: 5.7%
Depressive Symptoms
Percent of long-stay residents who have depressive symptoms
38.8%
Percent of long-stay residents who have depressive symptoms
38.8%
61% worse than Indiana averageIndiana average: 24.1%
Antipsychotic Use
Percent of long-stay residents who received an antipsychotic medication
11.8%
Percent of long-stay residents who received an antipsychotic medication
11.8%
5% better than Indiana averageIndiana average: 12.4%
Pneumococcal Vaccine
Percent of long-stay residents assessed and appropriately given the pneumococcal vaccine
97.0%
Percent of long-stay residents assessed and appropriately given the pneumococcal vaccine
97.0%
In line with Indiana averageIndiana average: 93.7%
Influenza Vaccine
Percent of long-stay residents assessed and appropriately given the seasonal influenza vaccine
79.0%
Percent of long-stay residents assessed and appropriately given the seasonal influenza vaccine
79.0%
17% worse than Indiana averageIndiana average: 95.4%
Short-stay resident measures
Pneumococcal Vaccine
Percent of short-stay residents assessed and appropriately given the pneumococcal vaccine
84.6%
Percent of short-stay residents assessed and appropriately given the pneumococcal vaccine
84.6%
In line with Indiana averageIndiana average: 81.7%
Antipsychotic medication increase
Percent of short-stay residents who newly received an antipsychotic medication
4.5%
Percent of short-stay residents who newly received an antipsychotic medication
4.5%
228% worse than Indiana averageIndiana average: 1.4%
Influenza Vaccine
Percent of short-stay residents assessed and appropriately given the seasonal influenza vaccine
12.5%
Percent of short-stay residents assessed and appropriately given the seasonal influenza vaccine
12.5%
84% worse than Indiana averageIndiana average: 79.0%
Quality measures are calculated from Minimum Data Set (MDS) assessments. For most measures, lower percentages indicate better care quality.
Penalties and fines
Federal penalties imposed by CMS for regulatory violations, including civil money penalties (fines) and denials of payment for new Medicare/Medicaid admissions.
Source: CMS Penalties Database (Data as of Jan 2026)
Total fines amount
$34K
26% higher than Indiana averageIndiana average: $27K
Number of fines
1
28% fewer fines than Indiana averageIndiana average: 1.4
Payment Denials
Serious action where Medicare and/or Medicaid temporarily stops payments for new residents until issues are fixed.
0
Serious action where Medicare and/or Medicaid temporarily stops payments for new residents until issues are fixed.
0
100% fewer payment denials than Indiana averageIndiana average: 0.4
Fines amount comparison
Fines amount comparison
This facility
$34K
Indiana average
$27K
Penalty History
Penalties are imposed by CMS for violations of federal nursing home regulations.
Civil Money Penalty
Fines imposed for noncompliance, which can be assessed per day or per instance of violation.
May 28, 2025
Fines imposed for noncompliance, which can be assessed per day or per instance of violation.
May 28, 2025
$34K
Last updated: Jan 2026
Financial Trends
Historical financial and operational data for Alpha Home – a Waters Community based on CMS SNF Cost Reports.
Occupancy Rate
66.6%
↑ 2.3pp vs 2022
Net Income
$522,482
↓ ~$208K vs 2022
Total Payroll
$3,874,988
↑ ~$394K vs 2022
Profit Margin
6.1%
↓ 2.9pp vs 2022
Loading trend charts...
Guides for Better Senior Living
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The True Cost of Assisted Living in 2025 – And How Families Are Paying For It
Understanding Senior Living Costs: Pricing Models, Discounts & Financial Assistance
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