PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

THE CORE INSTITUTE SPECIALTY HOSPITAL

Ownership, control, relationships, and source records for THE CORE INSTITUTE SPECIALTY HOSPITAL.
Ownership receipt

What we can say clearly

THE CORE INSTITUTE SPECIALTY 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

THE CORE INSTITUTE SPECIALTY HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for SURGICAL SPECIALTY HOSPITAL OF ARIZONA, 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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Control Map

This leads to this

sponsors
Audax Private Equity, Linden CapitalTHE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.
reported ownership or operating chain
THE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.THE CORE INSTITUTE SPECIALTY HOSPITAL
owns an interest in
HOPCO GROUP HOLDINGS, L.P.THE CORE INSTITUTE SPECIALTY 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
sponsorsAudax Private Equity, Linden CapitalTHE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.

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

reported ownership or operating chainTHE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.THE CORE INSTITUTE SPECIALTY HOSPITAL

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

owns an interest inHOPCO GROUP HOLDINGS, L.P.THE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/15/2019

owns an interest inKENNETH TOMLONTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 5% reported ownership · associated 10/01/2023

governsKENNETH TOMLONTHE CORE INSTITUTE SPECIALTY HOSPITAL

CORPORATE OFFICER · associated 01/01/2023

is associated withKENNETH TOMLONTHE CORE INSTITUTE SPECIALTY HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/01/2023

owns an interest inTHE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.THE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2014

controls or managesTHE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE, INC.THE CORE INSTITUTE SPECIALTY HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 12/31/2014

owns an interest inCHRISTOPHER YEUNGTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 2.79% reported ownership · associated 07/31/2018

governsCHRISTOPHER YEUNGTHE CORE INSTITUTE SPECIALTY HOSPITAL

CORPORATE DIRECTOR · 2.79% reported ownership · associated 12/31/2014

owns an interest inCORE SPECIALTY SURGICAL HOLDINGS, LLCTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 54.7% reported ownership · associated 07/31/2018

owns an interest inNIMA SALARITHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 0.25% reported ownership · associated 07/31/2018

owns an interest inCHARLES CREASMANTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 5.59% reported ownership · associated 03/28/2005

owns an interest inTHE KASSMAN FAMILY LIVING TRUSTTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 1.4% reported ownership · associated 07/31/2018

owns an interest inAUDAX PRIVATE EQUITY FUND VI-A, L.P.THE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 11.86% reported ownership · associated 08/15/2019

owns an interest inLINDEN CAPITAL PARTNERS IV LPTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 11.51% reported ownership · associated 08/15/2019

owns an interest inLINDEN CAPITAL PARTNERS IV-A LPTHE CORE INSTITUTE SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 15.62% reported ownership · associated 08/15/2019

  • 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. owns

    The tracker identifies HOPCo 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$106,329,057Hospital 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$91,209,036Hospital 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$66,534,136Hospital 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$96,203,276Hospital 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$82,858,366Hospital 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$61,196,915Hospital 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$11,629,603Hospital 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$9,697,303Hospital 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$5,886,682Hospital 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$83,121,881Hospital 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$78,851,226Hospital 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$81,178,167Hospital 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$53,470,707Hospital 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$56,482,415Hospital 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$66,222,803Hospital 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$3,664,729Hospital 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$5,114,892Hospital 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$962,249Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023179.37 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022165.37 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021146.2 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202328 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202228 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202128 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20231,072 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/2022832 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/2021927 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/2023677 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022616 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/2021816 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
Unavailable

Precise acquisition date

Unavailable

Official facility URL

Direct connection

Reported parent system or portfolio company: HOPCo.

Direct connection

Reported investment sponsor: Audax Private Equity, Linden Capital.

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Sources

Evidence and source documents