{
  "schemaVersion": 3,
  "entityId": "0196784995",
  "canonicalName": "JOHNSON COUNTY REHABILITATION HOSPITAL",
  "status": "confirmed_pe",
  "statusLabel": "CMS-corroborated PE ownership record",
  "summary": "JOHNSON COUNTY REHABILITATION HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for JOHNSON COUNTY REHABILITATION HOSPITAL, LLC. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.",
  "lastReviewed": "2026-06-22",
  "review": {
    "reviewer": "Automated CMS/PESP reconciliation with editorial publication gate",
    "evidence_grade": "government-corroborated",
    "confidence": "high",
    "source_count": 5,
    "ownership_source_count": 2,
    "identity_match_method": "CCN exact match",
    "publication_decision": "Meets the Phase 3 publication standard for its displayed status"
  },
  "identifiers": {
    "ccn": "173034",
    "npi": "1306589890",
    "historicalCcns": [],
    "aliases": [
      {
        "alias": "JOHNSON COUNTY REHABILITATION HOSPITAL, LLC",
        "alias_type": "cms_legal_name",
        "source_id": "source-cms-hospital-enrollments"
      }
    ]
  },
  "ownershipHistory": [
    {
      "relationship_id": "rel-nobisrehabilitationpartners-0196784995",
      "from_entity_id": "Nobis Rehabilitation Partners",
      "to_entity_id": "0196784995",
      "relationship_type": "owns",
      "effective_date": "",
      "end_date": "",
      "announcement_date": "",
      "status": "confirmed",
      "confidence": "high",
      "source_ids": "source-cms-hospital-all-owners|source-pesp-hospital-tracker",
      "plain_english_summary": "The tracker identifies Nobis Rehabilitation Partners in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.",
      "review_notes": "CMS corroborates the current enrolled ownership chain; the sponsor attribution comes from the research tracker."
    }
  ],
  "acquisitionEvents": [],
  "financialAndUtilizationSeries": [
    {
      "metric_id": "0196784995-net_patient_revenue-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "net_patient_revenue",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "22689615",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-net_patient_revenue-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "net_patient_revenue",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "14651373",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-operating_expense-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "operating_expense",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "19795124",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-operating_expense-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "operating_expense",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "15550476",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-net_income-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "net_income",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "2657804",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-net_income-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "net_income",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "-885823",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-total_assets-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "total_assets",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "32198862",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-total_assets-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "total_assets",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "4864336",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-total_liabilities-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "total_liabilities",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "30966277",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-total_liabilities-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "total_liabilities",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "2879815",
      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-beds-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "beds",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "40",
      "unit": "beds",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-beds-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "beds",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "40",
      "unit": "beds",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-patient_days-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "patient_days",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "11877",
      "unit": "days",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-patient_days-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "patient_days",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "8338",
      "unit": "days",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-discharges-08-31-2024",
      "entity_id": "0196784995",
      "metric_name": "discharges",
      "period_start": "09/01/2023",
      "period_end": "08/31/2024",
      "value": "978",
      "unit": "discharges",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "0196784995-discharges-08-31-2023",
      "entity_id": "0196784995",
      "metric_name": "discharges",
      "period_start": "08/27/2022",
      "period_end": "08/31/2023",
      "value": "712",
      "unit": "discharges",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
      "methodology_note": "Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.",
      "comparable_to_prior": "review_required"
    }
  ],
  "cmsOwnerRecords": [
    {
      "organization": "TRACEY NIXON",
      "role": "CORPORATE OFFICER",
      "association_date": "05/23/2022",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NEPI, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "6",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "DARYN EUDALY",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "22.79",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "ALEX BENNETT",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "8.39",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NESI, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "6",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "SPC CAPITAL, INC.",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "07/28/2025",
      "percentage_ownership": "27.21",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NEW ERA COMPANIES, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "54.42",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NEC RHI, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "27.59",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "KRISTA JACKSON",
      "role": "W-2 MANAGING EMPLOYEE",
      "association_date": "05/23/2022",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "WB DEVELOPMENT HOLDINGS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "33.58",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NOBIS REHABILITATION PARTNERS, LLC",
      "role": "OPERATIONAL/MANAGERIAL CONTROL",
      "association_date": "05/23/2022",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NEWERA NOBIS OPERATIONS HOLDINGS, LLC",
      "role": "5% OR GREATER DIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "100",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NOBIS HOSPITAL INVESTMENTS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "6",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "AHAC INVESTMENTS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "8.39",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NEWERA IRF HOLDINGS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "100",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "KAREN SCHEPIS",
      "role": "CORPORATE DIRECTOR",
      "association_date": "05/02/2023",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "NOBIS REHABILITATION HOLDINGS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "6",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "MARGIE CRAWLEY",
      "role": "CORPORATE DIRECTOR",
      "association_date": "05/02/2023",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "CHESTER CROUCH",
      "role": "CORPORATE OFFICER",
      "association_date": "05/23/2022",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "CHESTER CROUCH",
      "role": "OPERATIONAL/MANAGERIAL CONTROL",
      "association_date": "05/23/2022",
      "percentage_ownership": "",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "IRF JV INVESTORS, LLC",
      "role": "5% OR GREATER INDIRECT OWNERSHIP INTEREST",
      "association_date": "05/23/2022",
      "percentage_ownership": "6",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    }
  ],
  "directConnections": [
    "Reported parent system or portfolio company: Nobis Rehabilitation Partners.",
    "Reported investment sponsor: Stanton Road Capital."
  ],
  "actions": [],
  "contradictions": [],
  "limitations": [],
  "unavailableFields": [
    "Precise acquisition date",
    "Current CMS overall rating"
  ],
  "sources": [
    {
      "source_id": "source-hifld-hospitals",
      "title": "Hospitals RAPT",
      "publisher": "Homeland Infrastructure Foundation-Level Data",
      "publication_date": "current public layer",
      "retrieved_at": "2026-06-22",
      "url": "https://hifld-geoplatform.hub.arcgis.com/datasets/geoplatform::hospitals/about",
      "reliability_tier": "government",
      "research_note": "Used for facility location and basic identity context; it does not establish private-equity ownership.",
      "source_type": "public_record"
    },
    {
      "source_id": "source-pesp-hospital-tracker",
      "title": "Private Equity Hospital Tracker",
      "publisher": "Private Equity Stakeholder Project",
      "publication_date": "2026-04-03 snapshot",
      "retrieved_at": "2026-06-22",
      "url": "https://pestakeholder.org/private-equity-hospital-tracker/",
      "reliability_tier": "research",
      "research_note": "Discovery and ownership-chain baseline. A red public status also requires independent corroboration in this dossier.",
      "source_type": "public_record"
    },
    {
      "source_id": "source-cms-hospital-enrollments",
      "title": "Hospital Enrollments",
      "publisher": "Centers for Medicare & Medicaid Services",
      "publication_date": "2026-05-01",
      "retrieved_at": "2026-06-22",
      "url": "https://data.cms.gov/provider-characteristics/hospitals-and-other-facilities/hospital-enrollments",
      "reliability_tier": "government",
      "research_note": "Used to corroborate current enrollment identity, legal name, DBA, CCN, NPI, and location.",
      "source_type": "public_record"
    },
    {
      "source_id": "source-cms-hospital-all-owners",
      "title": "Hospital All Owners",
      "publisher": "Centers for Medicare & Medicaid Services",
      "publication_date": "2026-05-01",
      "retrieved_at": "2026-06-22",
      "url": "https://data.cms.gov/provider-characteristics/hospitals-and-other-facilities/hospital-all-owners",
      "reliability_tier": "government",
      "research_note": "Used to corroborate direct or indirect ownership, control, holding-company, investment-firm, and security-interest records.",
      "source_type": "public_record"
    },
    {
      "source_id": "source-cms-hcris",
      "title": "Hospital Provider Cost Reports",
      "publisher": "Centers for Medicare & Medicaid Services",
      "publication_date": "2015–2024",
      "retrieved_at": "2026-06-22",
      "url": "https://data.cms.gov/provider-compliance/cost-reports/hospital-provider-cost-report",
      "reliability_tier": "government",
      "research_note": "Financial, staffing, and utilization values. These descriptive measures do not establish causation.",
      "source_type": "public_record"
    }
  ],
  "ownershipChain": {
    "model": "Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.",
    "confidence": "high",
    "nodes": [
      {
        "id": "facility:0196784995",
        "label": "JOHNSON COUNTY REHABILITATION HOSPITAL",
        "kind": "hospital",
        "evidence": "public facility record"
      },
      {
        "id": "organization:stanton-road-capital",
        "label": "Stanton Road Capital",
        "kind": "pe_sponsor",
        "evidence": "research tracker or primary portfolio source"
      },
      {
        "id": "organization:nobis-rehabilitation-partners-llc",
        "label": "NOBIS REHABILITATION PARTNERS, LLC",
        "kind": "portfolio_company_or_operator",
        "evidence": "research tracker or primary organizational source"
      },
      {
        "id": "cms-owner:tracey-nixon:0",
        "label": "TRACEY NIXON",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:nepi-llc:1",
        "label": "NEPI, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:daryn-eudaly:2",
        "label": "DARYN EUDALY",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:alex-bennett:3",
        "label": "ALEX BENNETT",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:nesi-llc:4",
        "label": "NESI, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:spc-capital-inc:5",
        "label": "SPC CAPITAL, INC.",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:new-era-companies-llc:6",
        "label": "NEW ERA COMPANIES, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:nec-rhi-llc:7",
        "label": "NEC RHI, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:krista-jackson:8",
        "label": "KRISTA JACKSON",
        "kind": "cms_owner_or_controller",
        "evidence": "W-2 MANAGING EMPLOYEE"
      },
      {
        "id": "cms-owner:wb-development-holdings-llc:9",
        "label": "WB DEVELOPMENT HOLDINGS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:nobis-rehabilitation-partners-llc:10",
        "label": "NOBIS REHABILITATION PARTNERS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "OPERATIONAL/MANAGERIAL CONTROL"
      },
      {
        "id": "cms-owner:newera-nobis-operations-holdings-llc:11",
        "label": "NEWERA NOBIS OPERATIONS HOLDINGS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER DIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:nobis-hospital-investments-llc:12",
        "label": "NOBIS HOSPITAL INVESTMENTS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:ahac-investments-llc:13",
        "label": "AHAC INVESTMENTS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:newera-irf-holdings-llc:14",
        "label": "NEWERA IRF HOLDINGS, LLC",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      }
    ],
    "edges": [
      {
        "id": "organization:stanton-road-capital->organization:nobis-rehabilitation-partners-llc",
        "from": "organization:stanton-road-capital",
        "to": "organization:nobis-rehabilitation-partners-llc",
        "relationship": "sponsors",
        "confidence": "medium",
        "sourceIds": [
          "source-cms-hospital-all-owners",
          "source-pesp-hospital-tracker"
        ],
        "note": "The tracker supplies the sponsor-to-platform attribution; CMS does not independently reproduce every sponsor name."
      },
      {
        "id": "organization:nobis-rehabilitation-partners-llc->facility:0196784995",
        "from": "organization:nobis-rehabilitation-partners-llc",
        "to": "facility:0196784995",
        "relationship": "reported ownership or operating chain",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners",
          "source-pesp-hospital-tracker"
        ],
        "note": "The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows."
      },
      {
        "id": "cms-owner:tracey-nixon:0->facility:0196784995",
        "from": "cms-owner:tracey-nixon:0",
        "to": "facility:0196784995",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · associated 05/23/2022"
      },
      {
        "id": "cms-owner:nepi-llc:1->facility:0196784995",
        "from": "cms-owner:nepi-llc:1",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 6% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:daryn-eudaly:2->facility:0196784995",
        "from": "cms-owner:daryn-eudaly:2",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 22.79% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:alex-bennett:3->facility:0196784995",
        "from": "cms-owner:alex-bennett:3",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 8.39% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:nesi-llc:4->facility:0196784995",
        "from": "cms-owner:nesi-llc:4",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 6% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:spc-capital-inc:5->facility:0196784995",
        "from": "cms-owner:spc-capital-inc:5",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 27.21% reported ownership · associated 07/28/2025"
      },
      {
        "id": "cms-owner:new-era-companies-llc:6->facility:0196784995",
        "from": "cms-owner:new-era-companies-llc:6",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 54.42% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:nec-rhi-llc:7->facility:0196784995",
        "from": "cms-owner:nec-rhi-llc:7",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 27.59% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:krista-jackson:8->facility:0196784995",
        "from": "cms-owner:krista-jackson:8",
        "to": "facility:0196784995",
        "relationship": "is associated with",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "W-2 MANAGING EMPLOYEE · associated 05/23/2022"
      },
      {
        "id": "cms-owner:wb-development-holdings-llc:9->facility:0196784995",
        "from": "cms-owner:wb-development-holdings-llc:9",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 33.58% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:nobis-rehabilitation-partners-llc:10->facility:0196784995",
        "from": "cms-owner:nobis-rehabilitation-partners-llc:10",
        "to": "facility:0196784995",
        "relationship": "controls or manages",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OPERATIONAL/MANAGERIAL CONTROL · associated 05/23/2022"
      },
      {
        "id": "cms-owner:newera-nobis-operations-holdings-llc:11->facility:0196784995",
        "from": "cms-owner:newera-nobis-operations-holdings-llc:11",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:nobis-hospital-investments-llc:12->facility:0196784995",
        "from": "cms-owner:nobis-hospital-investments-llc:12",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 6% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:ahac-investments-llc:13->facility:0196784995",
        "from": "cms-owner:ahac-investments-llc:13",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 8.39% reported ownership · associated 05/23/2022"
      },
      {
        "id": "cms-owner:newera-irf-holdings-llc:14->facility:0196784995",
        "from": "cms-owner:newera-irf-holdings-llc:14",
        "to": "facility:0196784995",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/23/2022"
      }
    ],
    "caveats": [
      "CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.",
      "Sponsor and portfolio-company labels come from the cited tracker or primary portfolio evidence."
    ]
  },
  "descriptiveTrends": [
    {
      "metric": "net_patient_revenue",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 14651373,
      "latestValue": 22689615,
      "absoluteChange": 8038242,
      "percentChange": 54.86340426934731,
      "unit": "USD"
    },
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      "metric": "operating_expense",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 15550476,
      "latestValue": 19795124,
      "absoluteChange": 4244648,
      "percentChange": 27.295936150121708,
      "unit": "USD"
    },
    {
      "metric": "net_income",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": -885823,
      "latestValue": 2657804,
      "absoluteChange": 3543627,
      "percentChange": 400.0378179387981,
      "unit": "USD"
    },
    {
      "metric": "total_assets",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 4864336,
      "latestValue": 32198862,
      "absoluteChange": 27334526,
      "percentChange": 561.9374566230622,
      "unit": "USD"
    },
    {
      "metric": "total_liabilities",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 2879815,
      "latestValue": 30966277,
      "absoluteChange": 28086462,
      "percentChange": 975.287023645616,
      "unit": "USD"
    },
    {
      "metric": "beds",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 40,
      "latestValue": 40,
      "absoluteChange": 0,
      "percentChange": 0,
      "unit": "beds"
    },
    {
      "metric": "patient_days",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 8338,
      "latestValue": 11877,
      "absoluteChange": 3539,
      "percentChange": 42.444231230510916,
      "unit": "days"
    },
    {
      "metric": "discharges",
      "earliestPeriod": "08/31/2023",
      "latestPeriod": "08/31/2024",
      "earliestValue": 712,
      "latestValue": 978,
      "absoluteChange": 266,
      "percentChange": 37.359550561797754,
      "unit": "discharges"
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}
