PE Healthcare WatchEvidence behind healthcare control
💲 What should it cost?CorrectionsSupport research

Reviewed 2026-06-22

HEARTLAND REGIONAL MEDICAL CENTER

Ownership, control, relationships, and source records for HEARTLAND REGIONAL MEDICAL CENTER.
Ownership receipt

What we can say clearly

HEARTLAND REGIONAL 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

HEARTLAND REGIONAL 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
See real prices near this facility →
Key sources

Financial assistance help

Not confirmed

We have not confirmed a Dollar For listing for this facility. This does not mean financial assistance is unavailable.

Control Map

This leads to this

reported ownership or operating chain
DEACONESS REGIONAL HEALTHCARE SERVICES ILLINOIS INCHEARTLAND REGIONAL MEDICAL CENTER
governs
JASON HINKLEHEARTLAND REGIONAL MEDICAL CENTER
governs
ANTHONY WIELTHEARTLAND REGIONAL 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 chainDEACONESS REGIONAL HEALTHCARE SERVICES ILLINOIS INC → HEARTLAND REGIONAL MEDICAL CENTER

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

governsJASON HINKLE → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 11/01/2025

governsANTHONY WIELT → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 100% reported ownership · associated 08/01/2023

governsANTHONY WIELT → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 08/01/2023

governsMARC FLORENCE → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 10/03/2022

governsCLIFFORD MORRIS → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 100% reported ownership · associated 08/01/2023

governsCLIFFORD MORRIS → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 12/12/2022

governsWILLIAM DAVIS → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 100% reported ownership · associated 12/01/2023

is associated withDEACONESS HEALTH SYSTEM INC → HEARTLAND REGIONAL MEDICAL CENTER

OTHER · 100% reported ownership · associated 01/14/2023

is associated withAMBER LIPE → HEARTLAND REGIONAL MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · 100% reported ownership · associated 08/01/2023

governsAMBER LIPE → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 100% reported ownership · associated 08/01/2023

controls or managesAMBER LIPE → HEARTLAND REGIONAL MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 08/01/2023

governsLYNN LINGAFELTER → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 07/31/2023

governsJEFFREY JUSTICE → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 12/12/2022

governsSTEPHEN TITZER → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 100% reported ownership · associated 08/01/2023

governsSTEPHEN TITZER → HEARTLAND REGIONAL MEDICAL CENTER

CORPORATE DIRECTOR · 20% reported ownership · associated 12/12/2022

is associated withSHAWN MCCOY → HEARTLAND REGIONAL MEDICAL CENTER

OTHER · 100% reported ownership · associated 01/14/2023

  • 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 revenue01/14/2023 to 09/30/2023$75,293,601Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2022 to 01/13/2023$67,755,189Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2021 to 04/30/2022$96,115,237Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/14/2023 to 09/30/2023$70,496,488Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2022 to 01/13/2023-$23,468,459Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2021 to 04/30/2022$80,312,555Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/14/2023 to 09/30/2023$6,069,935Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2022 to 01/13/2023$91,712,273Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2021 to 04/30/2022$17,689,635Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/14/2023 to 09/30/2023$26,500,478Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2022 to 01/13/2023$18,486,442Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2021 to 04/30/2022$80,893,584Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/14/2023 to 09/30/2023$6,237,354Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2022 to 01/13/2023-$117,824,213Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2021 to 04/30/2022$36,295,769Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/14/2023 to 09/30/2023$878,702Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2022 to 01/13/2023$730,660Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2021 to 04/30/2022$568,104Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/14/2023 to 09/30/2023180.5 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2022 to 01/13/2023235.43 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2021 to 04/30/2022235.14 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/14/2023 to 09/30/202394 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2022 to 01/13/202394 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2021 to 04/30/202294 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/14/2023 to 09/30/20235,678 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2022 to 01/13/20234,331 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2021 to 04/30/20226,712 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/14/2023 to 09/30/20231,563 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2022 to 01/13/20231,206 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2021 to 04/30/20221,865 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

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