Mostly short-term rehab stays
Most residents typically stay for a few weeks or months before returning home or moving on.
The Terraces
The Terraces is a Nursing Home in Maine
The Terraces is a Nursing Home in Maine
The Terraces
The Terraces is a Nursing Home in Maine
The Terraces is a Nursing Home in Maine
The Terraces is a venue located in Rembert, South Carolina. It offers services for weddings, corporate events, and other celebrations. The facility provides a beautiful setting for various occasions.
Capacity and availability
Smaller home
May offer a more intimate, personalized care environment.
Total beds
62
This home usually has availability
Lower occupancy suggests more openings may be available.
Occupancy rate
74.8%
Avg. Length of Stay
228 days
Occupancy rate
74.8%
Avg. Length of Stay
228 days
Who this home usually serves
Show admissions and discharges
TYPE OF STAY
Might be optimal for
Short stays
Recovery
Medicare-covered care
Breakdown by payment type
Medicare
53% of new residents, usually for short-term rehab.
Typical stay
1 months
Private pay
41% of new residents, often for short stays.
Typical stay
4 - 5 years
Medicaid
6% of new residents, often for long-term daily care.
Typical stay
6 years
Finances and operations
Voluntary non-profit home
Other
Home revenue
$12.9M
Operating deficit
-$2.1M
Voluntary non-profit home
Other
Home revenue
$12,857,892.00
Operating deficit
$-2,080,424.00
Payroll costs
The portion of the home's budget spent on staff, including nurses, caregivers, and other employees who support care and operations.
$4.6M
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.
$10.3M
All remaining costs needed to run the home, such as food, utilities, building maintenance, supplies and administrative expenses.
Total costs
$14.9M
62-bed community
A moderately sized community that may balance personal attention with shared amenities and social activities.
About this community
Occupancy Rate
89%
Occupied Beds
55 of 62
Percentage of available beds currently in use by residents.
License Status
ACTIVEFacility Type
ASSISTED HOUSING
Additional licensing details
License number:
RCD27116
CMS Certification Number:
205051
County:
KNOX
Ownership & operating entity
The Terraces is administrated by LORIMAN LOOKE.
Contact Information
Fax:
+1 (207) 301-6100
Amenities & Lifestyle
Programs & Activities
Specific Programs
Weddings, Corporate, Flowers, Other Events
Inspection History
In Maine, the Department of Health and Human Services, Division of Licensing and Certification is responsible for inspecting long-term care facilities to ensure they meet quality of care standards.
Show Inspection Reports
Latest inspection
Date:October 21, 2025
16 deficiencies
Deficiencies indicate regulatory issues. A higher number implies the facility had several areas requiring improvement.
Compare Nursing Homes around Maine
The information below is reported by the Maine Department of Health and Human Services, Division of Licensing and Certification.
Maine Veterans‘ Homes Augusta
+5%
+65%
+12%
SNF
Nursing Home 24/7 care needed
AL
Assisted Living For seniors needing help with daily tasks but not full-time nursing.
Augusta
138
No
7
MAINE VETERANS' HOME
93.1%
$96,997,906.00
$14,773,373.00
15.2%
103.70
7.4326
6
+5%+65%+12%
The Terraces
-10%
SNF
Nursing Home 24/7 care needed
AL
Assisted Living For seniors needing help with daily tasks but not full-time nursing.
ME 04843-2061
125
No
-
#N/A
74.8%
$9,458,678.00
$4,600,680.00
48.6%
-
-
-
-
-10%
Magnolia Assisted Living – Tall Pines Building 2
-23%
SNF
Nursing Home 24/7 care needed
AL
Assisted Living For seniors needing help with daily tasks but not full-time nursing.
ME 04915-6080
69
No
-
#N/A
63.6%
$3,858,818.00
$1,122,869.00
29.1%
-
-
-
-
-23%
Maine Veterans‘ Homes Augusta
Type of care:
SNF
AL
Community:
Augusta
Bed Count:
138
Pets Allowed:
No
Operator:
MAINE VETERANS' HOME
CCN:
205126
Occupancy:
93.1%
Home Revenue:
$96,997,906.00
Payroll Costs:
$14,773,373.00
Payroll %:
15.2%
Avg Residents/Day:
103.70
Overall Rating:
Adj Nurse Hours:
7.4326
Health Insp Rating:
Staffing Rating:
QM Rating:
Citations:
6
RN share vs State Avg:
+5%
+5%
Staffing vs State Avg:
+65%
+65%
Occupancy vs State Avg:
+12%
+12%
The Terraces
Type of care:
SNF
AL
Community:
ME 04843-2061
Bed Count:
125
Pets Allowed:
No
Operator:
#N/A
CCN:
205051
Occupancy:
74.8%
Home Revenue:
$9,458,678.00
Payroll Costs:
$4,600,680.00
Payroll %:
48.6%
Occupancy vs State Avg:
-10%
-10%
Magnolia Assisted Living – Tall Pines Building 2
Type of care:
SNF
AL
Community:
ME 04915-6080
Bed Count:
69
Pets Allowed:
No
Operator:
#N/A
CCN:
205140
Occupancy:
63.6%
Home Revenue:
$3,858,818.00
Payroll Costs:
$1,122,869.00
Payroll %:
29.1%
Occupancy vs State Avg:
-23%
-23%Places of interest near The Terraces
0.1 miles from city center
CAMDEN, ME 04843-2061
Calculate Travel Distance to The Terraces
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Financial Trends
Historical financial and operational data for The Terraces based on CMS SNF Cost Reports.
Occupancy Rate
74.8%
↓ 0.9pp vs 2022
Net Income
-$2,080,424
↑ ~$2.3M vs 2022
Total Payroll
$10,149,471
↓ ~$2.6M vs 2022
Profit Margin
-22.0%
↑ 16.7pp vs 2022
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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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