Reviewed 2026-06-22

INDIANA UNIVERSITY HEALTH

Ownership, control, relationships, and source records for INDIANA UNIVERSITY HEALTH.

Ownership receipt

What we can say clearly

INDIANA UNIVERSITY HEALTH 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

INDIANA UNIVERSITY HEALTH 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

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

INDIANA UNIVERSITYINDIANA UNIVERSITY HEALTH

governs

ANITA HAWORTHINDIANA UNIVERSITY HEALTH

governs

KYLE GRAZIERINDIANA UNIVERSITY HEALTH

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 chainINDIANA UNIVERSITY → INDIANA UNIVERSITY HEALTH

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

governsANITA HAWORTH → INDIANA UNIVERSITY HEALTH

CORPORATE OFFICER · associated 06/30/2017

governsKYLE GRAZIER → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 01/01/2015

governsMAUREEN BISOGNANO → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 07/01/2017

governsJENNIFER ALVEY → INDIANA UNIVERSITY HEALTH

CORPORATE OFFICER · associated 02/01/2016

is associated withJENNIFER ALVEY → INDIANA UNIVERSITY HEALTH

W-2 MANAGING EMPLOYEE · associated 02/01/2016

controls or managesJENNIFER ALVEY → INDIANA UNIVERSITY HEALTH

OPERATIONAL/MANAGERIAL CONTROL · associated 02/01/2016

governsALICIA MONROE → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 01/02/2021

governsJAMES DAVLIN → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 04/01/2016

governsTHOMAS EASTERDAY → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 07/01/2015

governsROBERT PALMER → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 07/01/2017

governsJEFFREY SIMMONS → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 04/01/2023

governsDENNIS MURPHY → INDIANA UNIVERSITY HEALTH

CORPORATE OFFICER · associated 05/01/2016

governsDENNIS MURPHY → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 05/01/2016

is associated withDENNIS MURPHY → INDIANA UNIVERSITY HEALTH

W-2 MANAGING EMPLOYEE · associated 05/01/2016

controls or managesDENNIS MURPHY → INDIANA UNIVERSITY HEALTH

OPERATIONAL/MANAGERIAL CONTROL · associated 05/01/2016

governsTRACY MALONE → INDIANA UNIVERSITY HEALTH

CORPORATE DIRECTOR · associated 09/01/2024

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

Timeline

Ownership history and events

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	$3,924,982,044	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	$3,577,417,457	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	$3,442,103,309	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	$5,249,602,274	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	$4,952,031,319	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	$5,115,732,860	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	$1,333,517,864	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	-$316,520,259	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	$842,401,849	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	$12,340,690,341	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	$9,968,984,107	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	$10,443,828,111	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	$5,188,166,144	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	$3,765,160,092	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	$3,570,225,311	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	8,304.75 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	8,411.3 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	8,658.54 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	1,274 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	1,269 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	1,265 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	338,608 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	346,072 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	343,581 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	46,659 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	47,662 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	48,796 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	01/01/2023 to 12/31/2023	$49,765,154	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	01/01/2022 to 12/31/2022	$11,900,486	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	01/01/2021 to 12/31/2021	$49,765,154	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