PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

KULA HOSPITAL

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

What we can say clearly

KULA HOSPITAL has a completed Hawaii state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Finding
Documented investment signal
Last reviewed
2026-07-02
Evidence
8 cited sources
Documented warningPossible ownership change under review

KULA HOSPITAL has a completed Hawaii state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Documented investment signal
Last verified Jun 2026
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Key sources

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Closure risk

At Risk of Closure

Control Map

This leads to this

reported ownership or operating chain
MauihealthKULA HOSPITAL
governs
RICHARD SUTHERLANDKULA HOSPITAL
governs
ANTHONY TAKITANIKULA HOSPITAL

Evidence limits

Red color requiredCMS enrollment match used where available13 ownership sources checked8 total sources below
Direct PE ownershipNot documented as direct PE ownership in this state-template pass
PE relationshipWatchlist signal
OperatorMauihealth
Population served

KULA HOSPITAL is shown with official-source baseline context for Hawaii. Missing fields remain visible instead of being inferred.

Review Note

Why this page is published

completed state-template official-source baseline

Publish state-template completion fields while preserving explicit unavailable/searched-not-found limitations.

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 chainMauihealthKULA HOSPITAL

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

governsRICHARD SUTHERLANDKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsANTHONY TAKITANIKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsJOHN YAMAMOTOKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsMICHAEL REMBISKULA HOSPITAL

CORPORATE OFFICER · associated 09/01/2017

is associated withMICHAEL REMBISKULA HOSPITAL

W-2 MANAGING EMPLOYEE · associated 09/01/2017

controls or managesMICHAEL REMBISKULA HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · associated 09/01/2017

governsKATHRYN LANCASTERKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsMARY HEWKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsTAMAR GOODFELLOWKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 03/31/2021

owns an interest inKAISER FOUNDATION HOSPITALSKULA HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/24/2015

governsWADE EBERSOLEKULA HOSPITAL

CORPORATE OFFICER · 100% reported ownership · associated 02/23/2023

is associated withWADE EBERSOLEKULA HOSPITAL

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 02/23/2023

controls or managesWADE EBERSOLEKULA HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 02/23/2023

governsSTEPHEN MILLERKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

governsBRYAN SMITHKULA HOSPITAL

CORPORATE DIRECTOR · 100% reported ownership · associated 07/01/2017

controls or managesMAUI HEALTH SYSTEM A KAISER FOUNDATION HOSPITALS LLCKULA HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 07/01/2017

  • 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. CMS before/after ownership event

    KULA HOSPITAL -> MAUI HEALTH SYSTEM A KAISER FOUNDATION HOSPITALS LLC.

  2. venture backing

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

  3. cms owner context

    CMS Hospital All Owners rows are attached as current owner/control context. They do not by themselves prove private-equity sponsorship unless the row says so or another cited source supports it.

  4. operates

    State-template baseline operator/owner context assembled from current hospital fields and matched official sources where available. This is not a new PE ownership claim.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue01/01/2023 to 12/31/2023$30,032,748Hospital 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$23,317,211Hospital 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$24,467,200Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2020 to 12/31/2020$21,717,282Hospital 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$39,349,553Hospital 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$39,919,227Hospital 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$26,980,605Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2020 to 12/31/2020$25,149,474Hospital 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-$8,060,700Hospital 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-$15,865,765Hospital 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-$1,501,897Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2020 to 12/31/2020$3,590,751Hospital 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$268,344,952Hospital 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$238,816,821Hospital 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$183,433,521Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2020 to 12/31/2020$152,761,643Hospital 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$147,474,628Hospital 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$120,576,420Hospital 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$169,885,854Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2020 to 12/31/2020$124,037,235Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/202389.92 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/202285.55 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/202189.69 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2020 to 12/31/202094.03 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/20239 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/20229 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/20219 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2020 to 12/31/20209 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20231,328 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/2022907 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/2021992 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2020 to 12/31/20201,580 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/202313 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/202210 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/20217 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2020 to 12/31/202013 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.

Limitation

This five-state template completion pass used official cached CMS/HIFLD/PESP/HCRIS sources and records missing items; it does not claim the entire internet was exhausted.

Unavailable

Precise acquisition date

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Reported parent system or portfolio company: Mauihealth.

Direct connection

Operator/owner context: Mauihealth.

Direct connection

CMS Care Compare ownership category: Voluntary non-profit - Private.

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-$8,785,168
2-year total margin-$9,129,150
Estimated reserve runway29.0 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.

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Sources

Evidence and source documents