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Reviewed 2026-06-22

KINDRED HOSPITAL SOUTH BAY

Ownership, control, relationships, and source records for KINDRED HOSPITAL SOUTH BAY.
Ownership receipt

What we can say clearly

KINDRED HOSPITAL SOUTH BAY 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 SOUTH BAY is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for KND DEVELOPMENT 53, L.L.C.. 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

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Control Map

This leads to this

sponsors
Apollo Global ManagementKentucky Hospital Holdings JV LP
reported ownership or operating chain
Kentucky Hospital Holdings JV LPKINDRED HOSPITAL SOUTH BAY
owns an interest in
KINDRED HEALTHCARE OPERATING LLCKINDRED HOSPITAL SOUTH BAY

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 SOUTH BAY

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

owns an interest inKINDRED HEALTHCARE OPERATING LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/26/1998

owns an interest inKENTUCKY HOSPITAL INTERMEDIATE LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/02/2018

owns an interest inKINDRED HEALTHCARE LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/27/1998

is associated withJACQUELYN DAVIS → KINDRED HOSPITAL SOUTH BAY

CONTRACTED MANAGING EMPLOYEE · associated 12/16/2023

governsSCOTT GRAESER → KINDRED HOSPITAL SOUTH BAY

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2022

is associated withMARK APODACA → KINDRED HOSPITAL SOUTH BAY

CONTRACTED MANAGING EMPLOYEE · associated 07/12/2023

governsDANA ROCK → KINDRED HOSPITAL SOUTH BAY

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

governsJOHNETTA TRAYLOR → KINDRED HOSPITAL SOUTH BAY

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

owns an interest inKENTUCKY HOSPITAL HOLDINGS LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/02/2018

governsDEANNA SCHIAVONE → KINDRED HOSPITAL SOUTH BAY

CORPORATE OFFICER · 0% reported ownership · associated 08/22/2022

owns an interest inKNIGHT HEALTH HOLDINGS LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsMICHAEL BEAN → KINDRED HOSPITAL SOUTH BAY

CORPORATE OFFICER · associated 12/14/2004

owns an interest inKNIGHT HEALTH LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

owns an interest inKNIGHT INTERMEDIATE HOLDINGS LLC → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

owns an interest inKENTUCKY HOSPITAL HOLDINGS JV LP → KINDRED HOSPITAL SOUTH BAY

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/02/2018

  • 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

  1. Acquisition date reported

    Date supplied by the April 3, 2026 PE hospital tracker snapshot.

  2. 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

MetricPeriodValueMethod note
net patient revenue09/01/2023 to 08/31/2024$36,710,389Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue09/01/2022 to 08/31/2023$39,505,389Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue09/01/2021 to 08/31/2022$30,687,418Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2023 to 08/31/2024$39,731,134Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2022 to 08/31/2023$40,132,958Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2021 to 08/31/2022$37,400,801Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2023 to 08/31/2024-$2,926,422Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2022 to 08/31/2023-$573,357Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2021 to 08/31/2022-$6,587,978Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2023 to 08/31/2024$17,173,796Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2022 to 08/31/2023$18,698,124Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2021 to 08/31/2022$18,186,410Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2023 to 08/31/2024$23,351,152Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2022 to 08/31/2023$21,949,053Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2021 to 08/31/2022$20,863,983Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2021 to 08/31/2022$4,171,038Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2020 to 08/31/2021$3,100,001Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2019 to 08/31/2020$3,235,092Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2023 to 08/31/2024179 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2022 to 08/31/2023183.9 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2021 to 08/31/2022166.6 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2023 to 08/31/202457 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2022 to 08/31/202359 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2021 to 08/31/202262 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2023 to 08/31/202416,324 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2022 to 08/31/202316,559 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2021 to 08/31/202215,365 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2023 to 08/31/2024415 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2022 to 08/31/2023427 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2021 to 08/31/2022393 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

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.

Download

Take the evidence with you

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

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level DataresearchPrivate Equity Hospital TrackerPrivate Equity Stakeholder ProjectgovernmentHospital EnrollmentsCenters for Medicare & Medicaid ServicesgovernmentHospital All OwnersCenters for Medicare & Medicaid ServicesgovernmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services