Reviewed 2026-06-22

HENDRICKS BEHAVIORAL HOSPITAL

Ownership, control, relationships, and source records for HENDRICKS BEHAVIORAL HOSPITAL.

Ownership receipt

What we can say clearly

HENDRICKS BEHAVIORAL HOSPITAL is marked red because reviewed ownership records connect the facility to private-equity ownership or control. The detailed chain and source links are below.

Finding: CMS-corroborated PE ownership record
Last reviewed: 2026-06-22
Evidence: 6 cited sources

Documented warningOwned or controlled by private equity

HENDRICKS BEHAVIORAL HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for INDIANA BEHAVIORAL INNOVATIONS LLC. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
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

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

sponsorsUS HealthVest → US HEALTHVEST, LLC

The tracker supplies the sponsor-to-platform attribution; CMS does not independently reproduce every sponsor name.

reported ownership or operating chainUS HEALTHVEST, LLC → HENDRICKS BEHAVIORAL HOSPITAL

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

owns an interest inF-PRIME CAPITAL PARTNERS HC CAMBRIDGE FUND III LP → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 9.9% reported ownership · associated 01/13/2021

owns an interest inUS HEALTHVEST, LLC → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/13/2021

owns an interest inRICHARD KRESCH → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 13.6% reported ownership · associated 01/13/2021

governsRICHARD KRESCH → HENDRICKS BEHAVIORAL HOSPITAL

CORPORATE DIRECTOR · associated 01/13/2021

is associated withRICHARD KRESCH → HENDRICKS BEHAVIORAL HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/13/2021

governsJAMES CHA → HENDRICKS BEHAVIORAL HOSPITAL

CORPORATE DIRECTOR · associated 01/13/2021

owns an interest inOAK HC/FT USHV BLOCKER CORP → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 9.1% reported ownership · associated 01/13/2021

owns an interest inPP VII US HEALTHVEST INC → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 5.6% reported ownership · associated 01/13/2021

owns an interest inPVP US HEALTHVEST, INC → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 28.4% reported ownership · associated 01/13/2021

owns an interest inF-PRIME CAPITAL PARTNERS HC INTERNATIONAL FUND III LP → HENDRICKS BEHAVIORAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 5.3% reported ownership · associated 01/13/2021

CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.
Sponsor and portfolio-company labels come from the cited tracker or primary portfolio evidence.

Timeline

Ownership history and events

Current / undated
owns
The tracker identifies US HealthVest in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

Metric	Period	Value	Method note
net patient revenue	01/01/2023 to 12/31/2023	$35,912,314	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	$23,620,964	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	03/24/2021 to 12/31/2021	$7,854,686	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	$25,388,443	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	$20,658,085	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	03/24/2021 to 12/31/2021	$9,910,508	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	$10,546,723	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	$2,985,410	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	03/24/2021 to 12/31/2021	-$2,307,480	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	$24,484,235	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	$23,066,728	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	03/24/2021 to 12/31/2021	$21,762,179	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	-$9,314,799	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	-$106,126	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	03/24/2021 to 12/31/2021	$1,655,714	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	177.85 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	140.6 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	03/24/2021 to 12/31/2021	95.1 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	112 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	112 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	03/24/2021 to 12/31/2021	112 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	27,092 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	19,656 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	03/24/2021 to 12/31/2021	7,626 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	2,849 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	2,610 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	03/24/2021 to 12/31/2021	1,137 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

Unavailable

Precise acquisition date

Unavailable

Official facility URL

Direct connection

Reported investment sponsor: US HealthVest.

Download

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