{
  "schemaVersion": 3,
  "entityId": "050232",
  "canonicalName": "FRENCH HOSPITAL MEDICAL CENTER",
  "status": "signal",
  "statusLabel": "Documented investment signal",
  "summary": "FRENCH HOSPITAL MEDICAL CENTER appears in the source tracker as a venture-backed investment signal. This dossier does not classify that signal as completed private-equity ownership.",
  "lastReviewed": "2026-06-22",
  "review": {
    "reviewer": "Automated CMS/PESP reconciliation with editorial publication gate",
    "evidence_grade": "government-corroborated",
    "confidence": "medium",
    "source_count": 6,
    "ownership_source_count": 2,
    "identity_match_method": "CCN exact match",
    "publication_decision": "Meets the Phase 3 publication standard for its displayed status"
  },
  "identifiers": {
    "ccn": "050232",
    "npi": "1881760452",
    "historicalCcns": [],
    "aliases": [
      {
        "alias": "DIGNITY COMMUNITY CARE",
        "alias_type": "cms_legal_name",
        "source_id": "source-cms-hospital-enrollments"
      },
      {
        "alias": "FRENCH HOSPITAL MEDICAL CENTER",
        "alias_type": "cms_dba",
        "source_id": "source-cms-hospital-enrollments"
      }
    ]
  },
  "ownershipHistory": [
    {
      "relationship_id": "rel-reportedowner-050232",
      "from_entity_id": "reported owner",
      "to_entity_id": "050232",
      "relationship_type": "venture_backing",
      "effective_date": "",
      "end_date": "",
      "announcement_date": "",
      "status": "signal",
      "confidence": "medium",
      "source_ids": "source-cms-hospital-all-owners|source-pesp-hospital-tracker",
      "plain_english_summary": "undefined is reported as an investment backer; this is not treated as a completed ownership claim.",
      "review_notes": "CMS corroborates the current enrolled ownership chain; the sponsor attribution comes from the research tracker."
    }
  ],
  "acquisitionEvents": [],
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      "period_end": "12/31/2023",
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      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "050232-net_patient_revenue-12-31-2022",
      "entity_id": "050232",
      "metric_name": "net_patient_revenue",
      "period_start": "01/01/2022",
      "period_end": "12/31/2022",
      "value": "208575561",
      "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": "050232-net_patient_revenue-12-31-2021",
      "entity_id": "050232",
      "metric_name": "net_patient_revenue",
      "period_start": "01/01/2021",
      "period_end": "12/31/2021",
      "value": "196542986",
      "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": "050232-operating_expense-12-31-2023",
      "entity_id": "050232",
      "metric_name": "operating_expense",
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      "period_end": "12/31/2023",
      "value": "222361689",
      "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": "050232-operating_expense-12-31-2022",
      "entity_id": "050232",
      "metric_name": "operating_expense",
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      "period_end": "12/31/2022",
      "value": "213013131",
      "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": "050232-operating_expense-12-31-2021",
      "entity_id": "050232",
      "metric_name": "operating_expense",
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      "unit": "USD",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "050232-net_income-12-31-2023",
      "entity_id": "050232",
      "metric_name": "net_income",
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      "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": "050232-net_income-12-31-2022",
      "entity_id": "050232",
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      "unit": "USD",
      "better_when": "context_dependent",
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      "comparable_to_prior": "review_required"
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    {
      "metric_id": "050232-net_income-12-31-2021",
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      "metric_id": "050232-total_assets-12-31-2023",
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      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "050232-total_assets-12-31-2022",
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
    },
    {
      "metric_id": "050232-total_assets-12-31-2021",
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
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      "comparable_to_prior": "review_required"
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    {
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      "unit": "USD",
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
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      "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"
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      "comparable_to_prior": "review_required"
    },
    {
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
    },
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    },
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    },
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
    },
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      "comparable_to_prior": "review_required"
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      "source_id": "source-cms-hcris",
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      "comparable_to_prior": "review_required"
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      "unit": "days",
      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
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      "source_id": "source-cms-hcris",
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    },
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      "better_when": "context_dependent",
      "source_id": "source-cms-hcris",
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  ],
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      "role": "CORPORATE OFFICER",
      "association_date": "01/01/2021",
      "percentage_ownership": "0",
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    },
    {
      "organization": "JOHN PETERSDORF",
      "role": "OPERATIONAL/MANAGERIAL CONTROL",
      "association_date": "02/01/2019",
      "percentage_ownership": "0",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    },
    {
      "organization": "DIGNITY COMMUNITY CARE",
      "role": "5% OR GREATER DIRECT OWNERSHIP INTEREST",
      "association_date": "02/01/2019",
      "percentage_ownership": "100",
      "investment_firm": false,
      "private_equity_company": false,
      "holding_company": false,
      "management_services_company": false,
      "medical_staffing_company": false
    }
  ],
  "directConnections": [],
  "actions": [],
  "contradictions": [],
  "limitations": [
    "CMS corroborates an enrolled ownership chain, but its owner names do not independently reproduce every sponsor or portfolio-company name from the tracker.",
    "The investment signal does not establish completed private-equity ownership or a pending sale."
  ],
  "unavailableFields": [
    "Precise acquisition date",
    "Official facility URL"
  ],
  "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"
    },
    {
      "source_id": "source-cms-care-compare",
      "title": "Hospital General Information",
      "publisher": "Centers for Medicare & Medicaid Services",
      "publication_date": "2026",
      "retrieved_at": "2026-06-22",
      "url": "https://data.cms.gov/provider-data/dataset/xubh-q36u",
      "reliability_tier": "government",
      "research_note": "Used for current facility identity, hospital type, ownership category, and overall rating when available.",
      "source_type": "public_record"
    }
  ],
  "ownershipChain": {
    "model": "Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.",
    "confidence": "medium",
    "nodes": [
      {
        "id": "facility:050232",
        "label": "FRENCH HOSPITAL MEDICAL CENTER",
        "kind": "hospital",
        "evidence": "public facility record"
      },
      {
        "id": "organization:commonspirit-health",
        "label": "CommonSpirit Health",
        "kind": "portfolio_company_or_operator",
        "evidence": "research tracker or primary organizational source"
      },
      {
        "id": "cms-owner:marvin-o-quinn:0",
        "label": "MARVIN O'QUINN",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:marvin-o-quinn:1",
        "label": "MARVIN O'QUINN",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE DIRECTOR"
      },
      {
        "id": "cms-owner:marvin-o-quinn:2",
        "label": "MARVIN O'QUINN",
        "kind": "cms_owner_or_controller",
        "evidence": "OTHER"
      },
      {
        "id": "cms-owner:commonspirit-health:3",
        "label": "COMMONSPIRIT HEALTH",
        "kind": "cms_owner_or_controller",
        "evidence": "5% OR GREATER INDIRECT OWNERSHIP INTEREST"
      },
      {
        "id": "cms-owner:commonspirit-health:4",
        "label": "COMMONSPIRIT HEALTH",
        "kind": "cms_owner_or_controller",
        "evidence": "OPERATIONAL/MANAGERIAL CONTROL"
      },
      {
        "id": "cms-owner:scott-carswell:5",
        "label": "SCOTT CARSWELL",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE DIRECTOR"
      },
      {
        "id": "cms-owner:dignity-health:6",
        "label": "DIGNITY HEALTH",
        "kind": "cms_owner_or_controller",
        "evidence": "OTHER"
      },
      {
        "id": "cms-owner:daniel-morissette:7",
        "label": "DANIEL MORISSETTE",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:mitch-melfi:8",
        "label": "MITCH MELFI",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:mitch-melfi:9",
        "label": "MITCH MELFI",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE DIRECTOR"
      },
      {
        "id": "cms-owner:steven-scharmann:10",
        "label": "STEVEN SCHARMANN",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:steven-scharmann:11",
        "label": "STEVEN SCHARMANN",
        "kind": "cms_owner_or_controller",
        "evidence": "W-2 MANAGING EMPLOYEE"
      },
      {
        "id": "cms-owner:steven-scharmann:12",
        "label": "STEVEN SCHARMANN",
        "kind": "cms_owner_or_controller",
        "evidence": "OPERATIONAL/MANAGERIAL CONTROL"
      },
      {
        "id": "cms-owner:john-petersdorf:13",
        "label": "JOHN PETERSDORF",
        "kind": "cms_owner_or_controller",
        "evidence": "CORPORATE OFFICER"
      },
      {
        "id": "cms-owner:john-petersdorf:14",
        "label": "JOHN PETERSDORF",
        "kind": "cms_owner_or_controller",
        "evidence": "W-2 MANAGING EMPLOYEE"
      },
      {
        "id": "cms-owner:john-petersdorf:15",
        "label": "JOHN PETERSDORF",
        "kind": "cms_owner_or_controller",
        "evidence": "OPERATIONAL/MANAGERIAL CONTROL"
      }
    ],
    "edges": [
      {
        "id": "organization:commonspirit-health->facility:050232",
        "from": "organization:commonspirit-health",
        "to": "facility:050232",
        "relationship": "reported ownership or operating chain",
        "confidence": "medium",
        "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:marvin-o-quinn:0->facility:050232",
        "from": "cms-owner:marvin-o-quinn:0",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · 0% reported ownership · associated 01/01/2021"
      },
      {
        "id": "cms-owner:marvin-o-quinn:1->facility:050232",
        "from": "cms-owner:marvin-o-quinn:1",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE DIRECTOR · 0% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:marvin-o-quinn:2->facility:050232",
        "from": "cms-owner:marvin-o-quinn:2",
        "to": "facility:050232",
        "relationship": "is associated with",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OTHER · 0% reported ownership · associated 08/01/2022"
      },
      {
        "id": "cms-owner:commonspirit-health:3->facility:050232",
        "from": "cms-owner:commonspirit-health:3",
        "to": "facility:050232",
        "relationship": "owns an interest in",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:commonspirit-health:4->facility:050232",
        "from": "cms-owner:commonspirit-health:4",
        "to": "facility:050232",
        "relationship": "controls or manages",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:scott-carswell:5->facility:050232",
        "from": "cms-owner:scott-carswell:5",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE DIRECTOR · 0% reported ownership · associated 01/01/2021"
      },
      {
        "id": "cms-owner:dignity-health:6->facility:050232",
        "from": "cms-owner:dignity-health:6",
        "to": "facility:050232",
        "relationship": "is associated with",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OTHER · associated 02/01/2019"
      },
      {
        "id": "cms-owner:daniel-morissette:7->facility:050232",
        "from": "cms-owner:daniel-morissette:7",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · 0% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:mitch-melfi:8->facility:050232",
        "from": "cms-owner:mitch-melfi:8",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · 0% reported ownership · associated 01/01/2021"
      },
      {
        "id": "cms-owner:mitch-melfi:9->facility:050232",
        "from": "cms-owner:mitch-melfi:9",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE DIRECTOR · 0% reported ownership · associated 01/01/2021"
      },
      {
        "id": "cms-owner:steven-scharmann:10->facility:050232",
        "from": "cms-owner:steven-scharmann:10",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · 0% reported ownership · associated 11/14/2022"
      },
      {
        "id": "cms-owner:steven-scharmann:11->facility:050232",
        "from": "cms-owner:steven-scharmann:11",
        "to": "facility:050232",
        "relationship": "is associated with",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:steven-scharmann:12->facility:050232",
        "from": "cms-owner:steven-scharmann:12",
        "to": "facility:050232",
        "relationship": "controls or manages",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OPERATIONAL/MANAGERIAL CONTROL · 0% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:john-petersdorf:13->facility:050232",
        "from": "cms-owner:john-petersdorf:13",
        "to": "facility:050232",
        "relationship": "governs",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "CORPORATE OFFICER · 0% reported ownership · associated 11/14/2022"
      },
      {
        "id": "cms-owner:john-petersdorf:14->facility:050232",
        "from": "cms-owner:john-petersdorf:14",
        "to": "facility:050232",
        "relationship": "is associated with",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 02/01/2019"
      },
      {
        "id": "cms-owner:john-petersdorf:15->facility:050232",
        "from": "cms-owner:john-petersdorf:15",
        "to": "facility:050232",
        "relationship": "controls or manages",
        "confidence": "high",
        "sourceIds": [
          "source-cms-hospital-all-owners"
        ],
        "note": "OPERATIONAL/MANAGERIAL CONTROL · 0% reported ownership · associated 02/01/2019"
      }
    ],
    "caveats": [
      "CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor."
    ]
  },
  "descriptiveTrends": [
    {
      "metric": "net_patient_revenue",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 196542986,
      "latestValue": 232243087,
      "absoluteChange": 35700101,
      "percentChange": 18.164016801902054,
      "unit": "USD"
    },
    {
      "metric": "operating_expense",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 192784460,
      "latestValue": 222361689,
      "absoluteChange": 29577229,
      "percentChange": 15.342123011367203,
      "unit": "USD"
    },
    {
      "metric": "net_income",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 11371815,
      "latestValue": 14225301,
      "absoluteChange": 2853486,
      "percentChange": 25.092617141590857,
      "unit": "USD"
    },
    {
      "metric": "total_assets",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 158531925,
      "latestValue": 165186166,
      "absoluteChange": 6654241,
      "percentChange": 4.197413864746801,
      "unit": "USD"
    },
    {
      "metric": "total_liabilities",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 113267452,
      "latestValue": 100288781,
      "absoluteChange": -12978671,
      "percentChange": -11.45842938181394,
      "unit": "USD"
    },
    {
      "metric": "contract_labor_direct_patient_care",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 9611006,
      "latestValue": 16831725,
      "absoluteChange": 7220719,
      "percentChange": 75.12968985764861,
      "unit": "USD"
    },
    {
      "metric": "fte_employees",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 531.22,
      "latestValue": 515.02,
      "absoluteChange": -16.200000000000045,
      "percentChange": -3.0495839765069173,
      "unit": "FTE"
    },
    {
      "metric": "beds",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 98,
      "latestValue": 98,
      "absoluteChange": 0,
      "percentChange": 0,
      "unit": "beds"
    },
    {
      "metric": "patient_days",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 21129,
      "latestValue": 20627,
      "absoluteChange": -502,
      "percentChange": -2.3758814898954044,
      "unit": "days"
    },
    {
      "metric": "discharges",
      "earliestPeriod": "12/31/2021",
      "latestPeriod": "12/31/2023",
      "earliestValue": 4775,
      "latestValue": 5102,
      "absoluteChange": 327,
      "percentChange": 6.848167539267015,
      "unit": "discharges"
    }
  ]
}
