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Reviewed 2026-06-22

FORREST CITY MEDICAL CENTER

Ownership, control, relationships, and source records for FORREST CITY MEDICAL CENTER.
Ownership receipt

What we can say clearly

FORREST CITY MEDICAL CENTER 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

FORREST CITY MEDICAL CENTER is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for FORREST CITY ARKANSAS HOSPITAL COMPANY, 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.
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Closure risk

Immediate Risk of Closure

Control Map

This leads to this

sponsors
GoldenTree Asset Management, Davidson KempnerFORREST CITY HOLDINGS LLC
reported ownership or operating chain
FORREST CITY HOLDINGS LLCFORREST CITY MEDICAL CENTER
governs
HENRY KUNATHFORREST CITY MEDICAL CENTER

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
sponsorsGoldenTree Asset Management, Davidson Kempner → FORREST CITY HOLDINGS LLC

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

reported ownership or operating chainFORREST CITY HOLDINGS LLC → FORREST CITY MEDICAL CENTER

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

governsHENRY KUNATH → FORREST CITY MEDICAL CENTER

CORPORATE OFFICER · associated 09/06/2023

governsHENRY KUNATH → FORREST CITY MEDICAL CENTER

CORPORATE DIRECTOR · associated 09/06/2023

governsCHRISTOPHER HARRISON → FORREST CITY MEDICAL CENTER

CORPORATE OFFICER · associated 04/01/2025

governsCHRISTOPHER HARRISON → FORREST CITY MEDICAL CENTER

CORPORATE DIRECTOR · associated 04/01/2025

owns an interest inQUORUM HEALTH CORPORATION → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 04/29/2016

owns an interest inGTAM ONSHORE BLOCKER 2 LLC → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 19.34% reported ownership · associated 12/20/2023

owns an interest inGOLDENTREE DISTRESSED ONSHORE MASTER FUND III LP → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 13.07% reported ownership · associated 08/05/2020

governsLAURA FEY → FORREST CITY MEDICAL CENTER

CORPORATE DIRECTOR · associated 08/27/2018

is associated withLAURA FEY → FORREST CITY MEDICAL CENTER

W-2 MANAGING EMPLOYEE · associated 08/27/2018

owns an interest inGOLDENTREE SELECT OFFSHORE INTERMEDIATE FUND LP → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 82.37% reported ownership · associated 07/07/2020

owns an interest inQUORUM HEALTH INVESTMENT COMPANY LLC → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 04/29/2016

owns an interest inGOLDENTREE DISTRESSED MASTER FUND III LTD → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/07/2020

owns an interest inFORREST CITY HOLDINGS LLC → FORREST CITY MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 04/29/2016

owns an interest inQUINCY HEALTH LLC → FORREST CITY MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/07/2020

governsSTEVEN FRANTZ → FORREST CITY MEDICAL CENTER

CORPORATE DIRECTOR · associated 08/10/2022

  • 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

  1. Acquisition date reported

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

  2. owns

    The tracker identifies Quorum Health Corporation in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue10/01/2022 to 09/30/2023$34,206,750Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2021 to 09/30/2022$30,250,701Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2020 to 09/30/2021$30,286,941Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2022 to 09/30/2023$35,434,176Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2021 to 09/30/2022$35,474,225Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2020 to 09/30/2021$33,474,167Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2022 to 09/30/2023-$935,301Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2021 to 09/30/2022-$2,866,616Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2020 to 09/30/2021$8,841,063Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2022 to 09/30/2023$30,664,337Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2021 to 09/30/2022$30,940,801Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2020 to 09/30/2021$34,153,831Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2022 to 09/30/2023$25,463,586Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2021 to 09/30/2022$24,880,466Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2020 to 09/30/2021$25,226,878Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2022 to 09/30/2023$1,297,204Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2021 to 09/30/2022$1,874,496Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2020 to 09/30/2021$1,588,146Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2022 to 09/30/2023137.27 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2021 to 09/30/2022141.97 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2020 to 09/30/2021137.08 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2022 to 09/30/202348 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2021 to 09/30/202248 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2020 to 09/30/202148 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2022 to 09/30/20235,378 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2021 to 09/30/20225,948 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2020 to 09/30/20216,108 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2022 to 09/30/20231,533 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2021 to 09/30/20221,716 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2020 to 09/30/20211,763 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: Quorum Health Corporation.

Direct connection

Reported investment sponsor: GoldenTree Asset Management, Davidson Kempner.

Closure-risk evidence

Estimate method and source limits

CHQPR published May 2026 state totals and hospital financial tables, but not a named risk list. This is an estimated crosswalk and does not change the ownership/control status shown above.

Risk estimateImmediate Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$4,292,012
2-year total margin-$4,744,239
Estimated reserve runway0.0 years
  • CHQPR May 2026 state totals for rural hospitals at risk and at immediate risk.Does not prove: CHQPR does not identify this hospital by name as being in either risk group.
  • The hospital financial values used for the within-state estimate.Does not prove: The exact unpublished CHQPR risk classification or future closure.
  • The CHQPR hospital name, city, state, and payment-type context.Does not prove: Identity linkage to the website where the name match remains unresolved.
Open the full closure-risk evidence reviewCHQPR state totals ↗CHQPR financial table ↗

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