Reviewed 2026-06-22

MILLS - PENINSULA MEDICAL CENTER

Ownership, control, relationships, and source records for MILLS - PENINSULA MEDICAL CENTER.

Ownership receipt

What we can say clearly

MILLS - PENINSULA MEDICAL CENTER 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

MILLS - PENINSULA MEDICAL CENTER 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

CMS owners

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Control Map

This leads to this

reported ownership or operating chain

Sutter HealthMILLS - PENINSULA MEDICAL CENTER

governs

RAJU IYERMILLS - PENINSULA MEDICAL CENTER

governs

JANE VARNERMILLS - PENINSULA 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

reported ownership or operating chainSutter Health → MILLS - PENINSULA MEDICAL CENTER

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

governsRAJU IYER → MILLS - PENINSULA MEDICAL CENTER

CORPORATE OFFICER · associated 01/01/2024

governsJANE VARNER → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2019

governsERIC FLOWERS → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 05/21/2015

governsJILL KACHER COBB → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2019

governsTHEODORE DEIKEL → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 05/21/2015

governsRONESH SINHA → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 05/21/2015

governsJOHN RYAN → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 05/21/2015

governsHENRY YU → MILLS - PENINSULA MEDICAL CENTER

CORPORATE OFFICER · associated 06/09/2023

is associated withHENRY YU → MILLS - PENINSULA MEDICAL CENTER

W-2 MANAGING EMPLOYEE · associated 06/09/2023

governsUMESH PADVAL → MILLS - PENINSULA MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2019

owns an interest inSUTTER HEALTH → MILLS - PENINSULA MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/08/1996

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

Timeline

Ownership history and events

Current / undated
venture backing
undefined is reported as an investment backer; this is not treated as a completed ownership claim.

Metrics

Financial and utilization series

Metric	Period	Value	Method note
net patient revenue	01/01/2023 to 12/31/2023	$774,094,847	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	01/01/2022 to 12/31/2022	$704,733,459	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	01/01/2021 to 12/31/2021	$689,913,702	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2023 to 12/31/2023	$733,057,625	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2022 to 12/31/2022	$678,608,544	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	01/01/2021 to 12/31/2021	$658,818,872	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2023 to 12/31/2023	$70,060,552	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2022 to 12/31/2022	$47,743,747	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	01/01/2021 to 12/31/2021	$51,901,445	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2023 to 12/31/2023	$593,545,128	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2022 to 12/31/2022	$627,913,538	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	01/01/2021 to 12/31/2021	$636,305,213	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2023 to 12/31/2023	$384,316,054	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2022 to 12/31/2022	$385,427,071	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	01/01/2021 to 12/31/2021	$446,608,695	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	01/01/2017 to 12/31/2017	$13,818,124	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	08/01/2016 to 12/31/2016	$2,716,390	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	01/01/2016 to 07/31/2016	$8,249,771	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2023 to 12/31/2023	1,437.68 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2022 to 12/31/2022	1,412.09 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	01/01/2021 to 12/31/2021	1,424.86 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2023 to 12/31/2023	241 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2022 to 12/31/2022	241 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	01/01/2021 to 12/31/2021	241 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2023 to 12/31/2023	53,328 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2022 to 12/31/2022	47,382 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	01/01/2021 to 12/31/2021	47,718 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2023 to 12/31/2023	11,624 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2022 to 12/31/2022	10,938 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	01/01/2021 to 12/31/2021	10,719 discharges	Hospital 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

Unavailable

Official facility URL

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Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospital JSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level Data researchPrivate Equity Hospital TrackerPrivate Equity Stakeholder Project governmentHospital EnrollmentsCenters for Medicare & Medicaid Services governmentHospital All OwnersCenters for Medicare & Medicaid Services governmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services governmentHospital General InformationCenters for Medicare & Medicaid Services