PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

DUKE RALEIGH HOSPITAL

Ownership, control, relationships, and source records for DUKE RALEIGH HOSPITAL.
Ownership receipt

What we can say clearly

DUKE RALEIGH HOSPITAL is marked as a corporate-chain case. That is separate from direct private-equity ownership, but it still belongs in the red corporate-control color family.

Finding
Corporate-chain ownership/accountability warning
Last reviewed
2026-07-02
Evidence
8 cited sources
Documented warningPart of a corporate hospital chain

DUKE RALEIGH HOSPITAL has a completed North Carolina state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Corporate-chain ownership/accountability warning
Last verified Jun 2026
See real prices near this facility →
Key sources

Financial assistance help

Bill Reduction Available

Dollar For lists this facility for hospital bill assistance. Eligibility depends on the hospital policy and patient circumstances.
Get bill help ↗

Control Map

This leads to this

controls
Duke University Health System IncDUKE RALEIGH HOSPITAL
operates
Duke HealthDUKE RALEIGH HOSPITAL
parent_company_or_controller
Duke University Health SystemDuke Health

Evidence limits

Red color requiredNo CMS enrollment match in automated pass9 ownership sources checked8 total sources below
Direct PE ownershipNot documented as direct PE ownership in this state-template pass
PE relationshipNo documented PE link in current baseline sources
OperatorDuke Health
Population servedNeeds system/facility catchment estimate

DUKE RALEIGH HOSPITAL is connected to Duke Health. No public-company shareholder layer. Control context is Duke University Health System governance. Institutional shareholder names are context only and do not override facility-level ownership evidence.

Review Note

Why this page is published

completed state-template official-source baseline

Publish state-template completion fields while preserving explicit unavailable/searched-not-found limitations.

Ownership & Control

Detailed records, kept below the answer

Facility legal owner, operator, parent company, ultimate controller, PE sponsor, and institutional shareholder context are separate evidence layers.

See the full ownership chain
controlsDuke University Health System IncDUKE RALEIGH HOSPITAL

DUKE UNIVERSITY HEALTH SYSTEM, INC is the best available legal-owner or enrolled-operator layer for DUKE RALEIGH HOSPITAL.

operatesDuke HealthDUKE RALEIGH HOSPITAL

Duke Health is shown as the operator or parent-system layer for this facility.

parent_company_or_controllerDuke University Health SystemDuke Health

Duke University Health System is the best available ultimate parent, sponsor, or controller context for Duke Health.

  • Institutional shareholders such as Vanguard, BlackRock, and State Street are context nodes only; they are not hospital operators unless direct control evidence is found.
  • CMS owner rows identify enrolled owner/control roles but may not name every ultimate financial sponsor.
  • Sibling/system affiliation does not cause a facility to inherit another hospital’s red status.

Connections

Who owns, backs, staffs, or connects to this facility

Legal-owner layerDUKE UNIVERSITY HEALTH SYSTEM, INCFacility legal owner / enrollment layer · legal owner or enrolled operator

DUKE UNIVERSITY HEALTH SYSTEM, INC is shown separately from the parent system and ultimate financial/control context.

Operator layerDuke HealthAcademic nonprofit health system · academic health system operator

This connection identifies the operating or system layer used for the public map and dossier.

Parent-company contextDuke University Health SystemUltimate parent or controller · ultimate parent / controller context

Duke University Health System is shown as the upper control or sponsor context, while the facility-level legal-owner layer remains separate.

Shareholder contextInstitutional shareholders / governance contextShareholder or governance context · context only, not hospital operation

No public-company shareholder layer. Control context is Duke University Health System governance.

Leadership

Current accountability and official image status

Duke University Health System Chief Executive OfficerCraig Albanese, MD

System-level accountability context for Duke Health records.

official announcement includes an image, but direct image URL was not captured from the public HTML

Timeline

Ownership history and events

  1. controls

    DUKE UNIVERSITY HEALTH SYSTEM, INC is the best available legal-owner or enrolled-operator layer for DUKE RALEIGH HOSPITAL.

  2. operates

    Duke Health is shown as the operator or parent-system layer for this facility.

  3. parent company or controller

    Duke University Health System is the best available ultimate parent, sponsor, or controller context for Duke Health.

  4. operates

    State-template baseline operator/owner context assembled from current hospital fields and matched official sources where available. This is not a new PE ownership claim.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue07/01/2023 to 05/31/2024$637,251,826Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2022 to 06/30/2023$682,954,857Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2021 to 06/30/2022$623,337,343Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2020 to 06/30/2021$564,845,828Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2023 to 05/31/2024$610,763,811Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2022 to 06/30/2023$657,739,574Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2021 to 06/30/2022$622,753,800Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2020 to 06/30/2021$539,634,380Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2023 to 05/31/2024$34,646,908Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2022 to 06/30/2023$51,159,891Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2021 to 06/30/2022$22,884,721Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2020 to 06/30/2021$59,041,550Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2023 to 05/31/2024$443,105,849Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2022 to 06/30/2023$443,885,777Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2021 to 06/30/2022$450,578,709Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2020 to 06/30/2021$457,069,001Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2023 to 05/31/2024$79,295,777Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2022 to 06/30/2023$74,125,712Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2021 to 06/30/2022$110,387,623Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2020 to 06/30/2021$134,953,111Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2023 to 05/31/2024$3,371,641Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2022 to 06/30/2023$12,174,815Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2021 to 06/30/2022$8,609,345Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2020 to 06/30/2021$3,558,708Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 05/31/20242,058.99 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2022 to 06/30/20231,980.41 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2021 to 06/30/20221,950.32 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2020 to 06/30/20211,860.72 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 05/31/2024194 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2022 to 06/30/2023186 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2021 to 06/30/2022186 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2020 to 06/30/2021175 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 05/31/202450,063 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2022 to 06/30/202354,913 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2021 to 06/30/202254,127 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2020 to 06/30/202151,468 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 05/31/20249,856 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2022 to 06/30/202310,222 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2021 to 06/30/20229,386 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2020 to 06/30/20219,833 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.

Evidence Notes

Contradictions, limitations, and unavailable fields

Open evidence notes
Limitation

No matching CMS Care Compare general-information row was found.

Limitation

This automated NC pass searched mandatory official/source systems and records missing items; it does not claim the entire internet was exhausted.

Limitation

No current CMS enrollment match was found by CCN or unique name/city/state match.

Limitation

No compatible HCRIS cost-report rows were matched to the resolved CCN.

Limitation

This five-state template completion pass used official cached CMS/HIFLD/PESP/HCRIS sources and records missing items; it does not claim the entire internet was exhausted.

Unavailable

official CEO image URL

Unavailable

current CMS overall rating

Unavailable

CMS Certification Number

Unavailable

NPI

Unavailable

source-backed local CEO/current leader

Unavailable

facility-level CEO compensation amount

Direct connection

Legal/enrollment layer: DUKE UNIVERSITY HEALTH SYSTEM, INC.

Direct connection

Operator layer: Duke Health.

Direct connection

Ultimate parent/controller context: Duke University Health System.

Direct connection

Shareholder/governance context: No public-company shareholder layer. Control context is Duke University Health System governance.

Direct connection

Operator/owner context: Duke Health.

Download

Take the evidence with you

Sources

Evidence and source documents