Reviewed 2026-06-22

MARY FREE BED REHABILITATION HOSPITAL

Ownership, control, relationships, and source records for MARY FREE BED REHABILITATION HOSPITAL.

Ownership receipt

What we can say clearly

MARY FREE BED REHABILITATION HOSPITAL is marked red because reviewed ownership records connect the facility to private-equity ownership or control. The detailed chain and source links are below.

Finding: CMS-corroborated PE ownership record
Last reviewed: 2026-06-22
Evidence: 5 cited sources

Documented warningOwned or controlled by private equity

MARY FREE BED REHABILITATION HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for MARY FREE BED REHABILITATION HOSPITAL. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
Last verified Jun 2026

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Key sources

CMS owners

Financial assistance help

Not confirmed

We have not confirmed a Dollar For listing for this facility. This does not mean financial assistance is unavailable.

Control Map

This leads to this

Evidence limits

Red color requiredCCN exact match2 ownership sources checked5 total sources below

Review Note

Why this page is published

government-corroborated

Meets the Phase 3 publication standard for its displayed status

Ownership & Control

Detailed records, kept below the answer

Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.

See the full ownership chain

sponsorsGraham Healthcare Capital → MARY FREE BED GUILD OF GRAND RAPIDS MICHIGAN

The tracker supplies the sponsor-to-platform attribution; CMS does not independently reproduce every sponsor name.

reported ownership or operating chainMARY FREE BED GUILD OF GRAND RAPIDS MICHIGAN → MARY FREE BED REHABILITATION HOSPITAL

The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.

owns an interest inMARY FREE BED GUILD OF GRAND RAPIDS MICHIGAN → MARY FREE BED REHABILITATION HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/03/1985

governsJEANNE SKILTON → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 09/26/2017

governsMICHAEL JAKUBOWSKI → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 08/03/2012

governsGREGORY CONWAY → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 11/22/2011

governsJAMES MOYER → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 12/15/2011

governsCHAD BUSH → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 07/01/2010

is associated withJUDY TAMER → MARY FREE BED REHABILITATION HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/04/2021

is associated withLEANNE DIMARTINO → MARY FREE BED REHABILITATION HOSPITAL

W-2 MANAGING EMPLOYEE · associated 05/17/2021

governsMICHAEL WILLIAMS → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 11/22/2011

is associated withBRUCE BRASSER → MARY FREE BED REHABILITATION HOSPITAL

W-2 MANAGING EMPLOYEE · associated 10/07/2002

governsDAVID MUIR → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 07/01/2010

governsNATHANIEL GUZMAN → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE OFFICER · associated 04/01/2021

governsELLEN NELSON → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 09/26/2017

governsMICHAEL ANDARY → MARY FREE BED REHABILITATION HOSPITAL

CORPORATE DIRECTOR · associated 06/01/2013

is associated withSUSAN SHANNON → MARY FREE BED REHABILITATION HOSPITAL

W-2 MANAGING EMPLOYEE · associated 12/01/2017

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.

Timeline

Ownership history and events

April 2022
Acquisition date reported
Date supplied by the April 3, 2026 PE hospital tracker snapshot.
April 2022
owns
The tracker identifies Mary Free Bed Rehabilitation Hospital in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

Metric	Period	Value	Method note
net patient revenue	04/01/2023 to 03/31/2024	$102,153,962	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	04/01/2022 to 03/31/2023	$110,386,572	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	04/01/2021 to 03/31/2022	$107,436,529	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	04/01/2023 to 03/31/2024	$111,649,832	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	04/01/2022 to 03/31/2023	$114,157,127	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	04/01/2021 to 03/31/2022	$135,123,143	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	04/01/2023 to 03/31/2024	$16,411,915	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	04/01/2022 to 03/31/2023	-$1,447,121	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	04/01/2021 to 03/31/2022	$8,343,130	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	04/01/2023 to 03/31/2024	$348,583,918	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	04/01/2022 to 03/31/2023	$312,800,865	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	04/01/2021 to 03/31/2022	$305,073,027	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	04/01/2023 to 03/31/2024	$86,121,475	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	04/01/2022 to 03/31/2023	$87,313,583	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	04/01/2021 to 03/31/2022	$83,215,162	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	04/01/2023 to 03/31/2024	1,583.95 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	04/01/2022 to 03/31/2023	1,523.45 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	04/01/2021 to 03/31/2022	1,488.49 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	04/01/2023 to 03/31/2024	139 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	04/01/2022 to 03/31/2023	119 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	04/01/2021 to 03/31/2022	133 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	04/01/2023 to 03/31/2024	40,893 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	04/01/2022 to 03/31/2023	40,028 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	04/01/2021 to 03/31/2022	38,219 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	04/01/2023 to 03/31/2024	2,578 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	04/01/2022 to 03/31/2023	2,454 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	04/01/2021 to 03/31/2022	2,315 discharges	Hospital 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

CMS corroborates an enrolled ownership chain, but its owner names do not independently reproduce every sponsor or portfolio-company name from the tracker.

Unavailable

Current CMS overall rating

Direct connection

Reported parent system or portfolio company: Mary Free Bed Rehabilitation Hospital.

Direct connection

Reported investment sponsor: Graham Healthcare Capital.

Download

Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospital JSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level Data researchPrivate Equity Hospital TrackerPrivate Equity Stakeholder Project governmentHospital EnrollmentsCenters for Medicare & Medicaid Services governmentHospital All OwnersCenters for Medicare & Medicaid Services governmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services