Reviewed 2026-06-22

KINDRED HOSPITAL RANCHO

Ownership, control, relationships, and source records for KINDRED HOSPITAL RANCHO.

Ownership receipt

What we can say clearly

KINDRED HOSPITAL RANCHO 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

KINDRED HOSPITAL RANCHO is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for BELLIN MEMORIAL HOSPITAL INC. 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

Bill Reduction Available

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

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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

sponsorsApollo Global Management → Kentucky Hospital Holdings JV LP

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

reported ownership or operating chainKentucky Hospital Holdings JV LP → KINDRED HOSPITAL RANCHO

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

governsMICHAEL LANDRUM → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 12/01/2025

governsSCOTT RATHGABER → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 12/01/2022

governsDEBRA VAN PAY → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 12/01/2025

is associated withDEBRA VAN PAY → KINDRED HOSPITAL RANCHO

W-2 MANAGING EMPLOYEE · associated 12/01/2025

governsSHARLA BAENEN → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 10/01/2022

is associated withSARA ARNDT → KINDRED HOSPITAL RANCHO

W-2 MANAGING EMPLOYEE · associated 10/01/2022

owns an interest inBELLIN GUNDERSEN HEALTH SYSTEM INC → KINDRED HOSPITAL RANCHO

5% OR GREATER INDIRECT OWNERSHIP INTEREST · associated 12/01/2022

owns an interest inBELLIN HEALTH SYSTEMS, INC. → KINDRED HOSPITAL RANCHO

5% OR GREATER DIRECT OWNERSHIP INTEREST · associated 10/01/2022

governsLAURA HIEB → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 10/01/2022

governsPETER VANDENHOUTEN → KINDRED HOSPITAL RANCHO

CORPORATE DIRECTOR · associated 10/01/2022

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

December 2021
Acquisition date reported
Date supplied by the April 3, 2026 PE hospital tracker snapshot.
December 2021
owns
The tracker identifies ScionHealth 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	09/01/2023 to 08/31/2024	$42,844,579	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	09/01/2022 to 08/31/2023	$26,223,068	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	09/01/2021 to 08/31/2022	$33,230,316	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2023 to 08/31/2024	$43,044,394	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2022 to 08/31/2023	$36,929,289	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2021 to 08/31/2022	$40,068,736	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2023 to 08/31/2024	$224,473	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2022 to 08/31/2023	-$10,341,408	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2021 to 08/31/2022	-$6,238,289	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2023 to 08/31/2024	$43,215,627	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2022 to 08/31/2023	$40,566,380	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2021 to 08/31/2022	$41,297,412	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2023 to 08/31/2024	$45,782,520	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2022 to 08/31/2023	$43,357,747	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2021 to 08/31/2022	$33,590,684	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2021 to 08/31/2022	$5,272,756	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2020 to 08/31/2021	$1,550,504	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2019 to 08/31/2020	$1,487,842	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2023 to 08/31/2024	196.6 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2022 to 08/31/2023	155.9 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2021 to 08/31/2022	174.1 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2023 to 08/31/2024	53 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2022 to 08/31/2023	55 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2021 to 08/31/2022	55 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2023 to 08/31/2024	17,318 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2022 to 08/31/2023	10,770 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2021 to 08/31/2022	15,255 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2023 to 08/31/2024	568 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2022 to 08/31/2023	334 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2021 to 08/31/2022	484 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

Official facility URL

Unavailable

Current CMS overall rating

Direct connection

Reported parent system or portfolio company: ScionHealth.

Direct connection

Reported investment sponsor: Apollo Global Management.

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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