PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

FULTON COUNTY HOSPITAL

Ownership, control, relationships, and source records for FULTON COUNTY HOSPITAL.
Ownership receipt

What we can say clearly

FULTON COUNTY HOSPITAL appears in the source tracker as a venture-backed investment signal. This dossier does not classify that signal as completed private-equity ownership.

Finding
Documented investment signal
Last reviewed
2026-06-22
Evidence
6 cited sources
Documented warningPossible ownership change under review

FULTON COUNTY HOSPITAL appears in the source tracker as a venture-backed investment signal. This dossier does not classify that signal as completed private-equity ownership.

Documented investment signal
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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Closure risk

At Risk of Closure

Control Map

This leads to this

reported ownership or operating chain
BAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY HOSPITAL
owns an interest in
BAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY HOSPITAL
controls or manages
BAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY 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
reported ownership or operating chainBAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY HOSPITAL

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

owns an interest inBAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2024

controls or managesBAXTER REGIONAL HEALTH SYSTEMFULTON COUNTY HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 12/31/2024

governsRONDELL PETERSONFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 01/22/2024

is associated withANTHONY REEDFULTON COUNTY HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/22/2024

governsGRIFFIN ARNOLDFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

governsTRENA SPEARSFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

governsDEBRA HENRYFULTON COUNTY HOSPITAL

CORPORATE OFFICER · associated 01/22/2024

is associated withDEBRA HENRYFULTON COUNTY HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/22/2024

controls or managesDEBRA HENRYFULTON COUNTY HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · associated 12/31/2024

governsHEATHER LOFTISFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

governsPAUL WADEFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

is associated withLUCINDA CROWFULTON COUNTY HOSPITAL

W-2 MANAGING EMPLOYEE · associated 12/31/2024

governsRANDY HOPPERFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

governsJERRY CUNNINGHAMFULTON COUNTY HOSPITAL

CORPORATE DIRECTOR · associated 06/05/2024

  • CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.

Timeline

Ownership history and events

  1. venture backing

    undefined is reported as an investment backer; this is not treated as a completed ownership claim.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue07/01/2023 to 06/30/2024$9,909,185Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2022 to 06/30/2023$5,865,527Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2021 to 06/30/2022$8,753,853Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2023 to 06/30/2024$11,588,740Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2022 to 06/30/2023$10,800,720Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2021 to 06/30/2022$10,983,480Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2023 to 06/30/2024$4,418,975Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2022 to 06/30/2023-$3,611,577Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2021 to 06/30/2022-$332,478Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2023 to 06/30/2024$10,895,404Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2022 to 06/30/2023$6,609,574Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2021 to 06/30/2022$9,191,997Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2023 to 06/30/2024$4,045,798Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2022 to 06/30/2023$4,888,381Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2021 to 06/30/2022$3,861,156Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 06/30/2024143.94 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2022 to 06/30/2023143.94 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2021 to 06/30/2022143.94 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 06/30/202425 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2022 to 06/30/202325 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2021 to 06/30/202225 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 06/30/20242,393 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2022 to 06/30/20231,831 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2021 to 06/30/20222,650 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 06/30/2024188 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2022 to 06/30/2023176 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2021 to 06/30/2022342 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.

Limitation

The investment signal does not establish completed private-equity ownership or a pending sale.

Unavailable

Precise acquisition date

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 estimateAt Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$3,078,039
2-year total margin$403,699
Estimated reserve runway2.6 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.

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Sources

Evidence and source documents