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Reviewed 2026-06-22

SHOALS HOSPITAL

Ownership, control, relationships, and source records for SHOALS HOSPITAL.
Ownership receipt

What we can say clearly

SHOALS 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

SHOALS HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for RCHP - FLORENCE 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
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Key sources

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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

sponsors
Apollo Global ManagementDSB ACQUISITION LLC
reported ownership or operating chain
DSB ACQUISITION LLCSHOALS HOSPITAL
governs
WILLIAM HAUGHSHOALS 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
sponsorsApollo Global Management → DSB ACQUISITION LLC

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

reported ownership or operating chainDSB ACQUISITION LLC → SHOALS HOSPITAL

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

governsWILLIAM HAUGH → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 01/21/2022

owns an interest inDSB ACQUISITION LLC → SHOALS HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/03/2015

governsDANIEL DAVIS → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 01/21/2022

owns an interest inLIFEPOINT HEALTH INC → SHOALS HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 11/04/2011

governsMARCUS POPPELL → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 11/16/2018

governsCHARLOTTE LAWRENCE → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 01/21/2022

is associated withCHARLOTTE LAWRENCE → SHOALS HOSPITAL

OTHER · associated 09/14/2022

owns an interest inREGIONALCARE HOSPITAL PARTNERS LLC → SHOALS HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/13/2019

owns an interest inRCHP LLC → SHOALS HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2016

governsJOHN GROOMS → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 11/16/2018

governsCHRISTOPHER MONTE → SHOALS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 11/16/2018

is associated withMICHAEL HOWARD → SHOALS HOSPITAL

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 12/01/2024

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

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue04/01/2023 to 03/31/2024$39,648,413Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue04/01/2022 to 03/31/2023$31,154,284Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue04/01/2021 to 03/31/2022$29,922,555Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2023 to 03/31/2024$45,435,039Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2022 to 03/31/2023$35,589,896Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense04/01/2021 to 03/31/2022$33,894,403Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2023 to 03/31/2024-$5,077,648Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2022 to 03/31/2023-$3,700,656Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income04/01/2021 to 03/31/2022-$3,757,971Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2023 to 03/31/2024$44,067,079Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2022 to 03/31/2023$39,576,150Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets04/01/2021 to 03/31/2022$38,510,367Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2023 to 03/31/2024$74,415,755Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2022 to 03/31/2023$57,484,499Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities04/01/2021 to 03/31/2022$51,734,341Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2023 to 03/31/2024$292,137Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2022 to 03/31/2023$311,686Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care04/01/2020 to 03/31/2021$381,102Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2023 to 03/31/2024181.83 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2022 to 03/31/2023152.7 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees04/01/2021 to 03/31/2022152.86 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2023 to 03/31/202447 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2022 to 03/31/202353 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds04/01/2021 to 03/31/2022122 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2023 to 03/31/202410,450 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2022 to 03/31/20237,906 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days04/01/2021 to 03/31/20227,164 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2023 to 03/31/20241,602 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2022 to 03/31/20231,227 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges04/01/2021 to 03/31/20221,365 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: LifePoint Health.

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 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