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Who owns Rae Ann Suburban?
Ownership resolution: Verified
Facility snapshot
| CCN | 365845 |
| Facility type | Skilled Nursing Facility |
| City | Westlake |
| County | Cuyahoga |
| State | Ohio |
| Certified beds | 95 |
| Occupancy | 86% |
| CMS overall rating | 2 of 5 |
| Ownership type | For profit - Limited Liability company |
| Operator | NEIL BAY MANAGEMENT LLC |
| Owner of record | RA ASSETS HOLDCO LLC |
| Corporate family | RA ASSETS HOLDCO LLC |
| Ownership confidence | Verified — Resolved with documentary evidence. |
Ownership structure
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Why this facility is linked to RA ASSETS HOLDCO LLC
The grouping rests on the following public evidence:
- one entity is disclosed as a holding company in the ownership chain
- the entities control an overlapping set of facilities
- the entities file from the same address
- the same individuals hold governance roles at both entities
Corporate families are WhoOwnsCare analysis derived from CMS filings, not a CMS designation. Individuals are used as evidence and are never named.
Financial and operating signals
| Operating margin (FY2023) | -0.2% |
| Agency cost per $1 of employee salary | 0.54× |
| Medicaid share of resident days | 24% |
| Occupancy of certified beds | 86% |
| Nurse hours per resident day | 3.39 |
| Annual nursing turnover | 75% |
| Health deficiencies on record | 37 |
| Civil monetary penalties | $10,065 |
| Distress index | 38 / 100 (stable) |
Cost report figures are final through FY2023 — roughly a two-year lag. Payroll, occupancy and inspection data are current to 2026. A distress score is a screening signal, not a statement about quality of care.
Other facilities associated with RA ASSETS HOLDCO LLC
- Rae-Ann Westlake — Westlake, OH
- Rae Ann Geneva — Geneva, OH
View all 3 facilities associated with RA ASSETS HOLDCO LLC
Common questions
Who owns Rae Ann Suburban?
WhoOwnsCare resolves the facility's ownership filings to RA ASSETS HOLDCO LLC (verified confidence).
Who operates Rae Ann Suburban?
NEIL BAY MANAGEMENT LLC appears with operating or controlling responsibility on the CMS filing.
Is Rae Ann Suburban part of a chain?
Yes. RA ASSETS HOLDCO LLC is associated with 3 facilities across the markets WhoOwnsCare currently covers.
Sources
CMS Medicare enrollment and ownership files, Care Compare provider information, Payroll Based Journal, Medicare cost reports (HCRIS). Data vintage July–August 2026. Full methodology.