PE Healthcare WatchEvidence behind healthcare control
💲 What should it cost?CorrectionsSupport research

Reviewed 2026-06-22

LUBBOCK HEART AND SURGICAL HOSPITAL

Ownership, control, relationships, and source records for LUBBOCK HEART AND SURGICAL HOSPITAL.
Ownership receipt

What we can say clearly

LUBBOCK HEART AND SURGICAL 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
6 cited sources
Documented warningOwned or controlled by private equity

LUBBOCK HEART AND SURGICAL HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for LUBBOCK HEART HOSPITAL, LLC. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
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

sponsors
Bain CapitalSP Management Services
reported ownership or operating chain
SP Management ServicesLUBBOCK HEART AND SURGICAL HOSPITAL
owns an interest in
SP HOLDCO I INCLUBBOCK HEART AND SURGICAL HOSPITAL

Evidence limits

Red color requiredCCN exact match2 ownership sources checked6 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
sponsorsBain Capital → SP Management Services

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

reported ownership or operating chainSP Management Services → LUBBOCK HEART AND SURGICAL HOSPITAL

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

owns an interest inSP HOLDCO I INC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

owns an interest inSGRY HOLDINGS, LP → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

governsJENNIFER BALDOCK → LUBBOCK HEART AND SURGICAL HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 11/03/2014

controls or managesSP MANAGEMENT SERVICES INC → LUBBOCK HEART AND SURGICAL HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 0% reported ownership · associated 06/20/2012

owns an interest inBCPE SEMINOLE HOLDINGS, LP → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 6.53% reported ownership · associated 12/19/2023

owns an interest inSGRY, LLC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

owns an interest inSURGERY PARTNERS INC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

owns an interest inPSC DEVELOPMENT COMPANY LLC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 16.88% reported ownership · associated 04/09/2015

owns an interest inSURGERY CENTER HOLDINGS INC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

owns an interest inSYMBION HOLDINGS LLC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 77.87% reported ownership · associated 09/01/2023

owns an interest inBCPE SEMINOLE HOLDINGS II INTERMEDIATE LP → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 18.25% reported ownership · associated 12/19/2023

governsPHILLIP DESMOND → LUBBOCK HEART AND SURGICAL HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 06/30/2025

is associated withPHILLIP DESMOND → LUBBOCK HEART AND SURGICAL HOSPITAL

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 06/30/2025

owns an interest inSURGERY CENTER HOLDINGS LLC → LUBBOCK HEART AND SURGICAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 78.66% reported ownership · associated 09/01/2023

  • 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 Surgery Partners in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue01/01/2023 to 12/31/2023$99,568,194Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2022 to 12/31/2022$103,589,062Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2021 to 12/31/2021$102,639,176Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2023 to 12/31/2023$96,190,470Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2022 to 12/31/2022$100,847,030Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2021 to 12/31/2021$94,628,269Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2023 to 12/31/2023$3,615,943Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2022 to 12/31/2022$5,580,306Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2021 to 12/31/2021$8,539,874Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2023 to 12/31/2023$66,070,529Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2022 to 12/31/2022$68,844,661Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2021 to 12/31/2021$58,763,326Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2023 to 12/31/2023$22,731,494Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2022 to 12/31/2022$29,121,569Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2021 to 12/31/2021$20,024,501Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2023 to 12/31/2023$3,627,890Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2022 to 12/31/2022$5,533,079Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2021 to 12/31/2021$3,614,243Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023336.2 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022328.47 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021331.07 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202373 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202273 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202173 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20235,389 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/20225,835 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/20216,512 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20231,580 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/20221,639 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/20211,694 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
Direct connection

Reported parent system or portfolio company: Surgery Partners.

Direct connection

Reported investment sponsor: Bain Capital.

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 ServicesgovernmentHospital General InformationCenters for Medicare & Medicaid Services