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Friendship Village Retirement

600 Park Lane, Waterloo, Iowa 50702

Overview

Friendship Village Retirement has a Medicare overall rating of 3 out of 5, in line with the Iowa average of 3.1. It is the highest-rated of the 6 nursing homes in Waterloo. It scores best on health inspections (4 of 5) and lowest on staffing (1 of 5).

Its most recent standard inspection, on November 17, 2025, found 3 health deficiencies, fewer than the Iowa average of 6.5. 2 of them came from complaint investigations. It has no fines on record for the past three years, while 37% of Iowa nursing homes have been fined.

Friendship Village Retirement is a nonprofit facility with 72 certified beds, caring for about 63 residents on an average day. It accepts both Medicare and Medicaid and has participated since 1968. It is part of a continuing care retirement community.

Medicare ratings

Overall
Health inspections
Quality of care
Staffing

Source: Medicare Care Compare, data as of October 1, 2026.

How it compares nearby

Ranked by Medicare overall rating, then quality, inspection and staffing ratings.

In Waterloo1st of 6 facilities

Top 17%

Within 100 miles143rd of 256 facilities

Top 56%

In Iowa208th of 385 facilities

Top 55%

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Inspections and penalties

Most recent standard inspection
November 17, 2025
Health deficiencies cited
3
Complaint-related deficiencies
2
Fines in the last 3 years
0
Payment denials
0
Total penalties
0

Facility details

Ownership
Non profit - Corporation
Certified beds
72
Average residents per day
63
Participates in
Medicare and Medicaid
Medicare/Medicaid since
August 15, 1968
Inside a hospital
No
Continuing care retirement community
Yes
Changed ownership in last 12 months
No
Resident or family council
Resident
Sprinklers in all required areas
Yes