PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

PENOBSCOT VALLEY HOSPITAL

Ownership, control, relationships, and source records for PENOBSCOT VALLEY HOSPITAL.
Ownership receipt

What we can say clearly

PENOBSCOT VALLEY HOSPITAL has a completed Maine 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
No documented PE link
Last reviewed
2026-07-02
Evidence
6 cited sources
ReviewedNo documented private-equity ownership in reviewed sources

PENOBSCOT VALLEY HOSPITAL has a completed Maine 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.

No documented PE link
Last verified Jun 2026
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Key sources

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Closure risk

Immediate Risk of Closure

Control Map

This leads to this

operates
Voluntary non-profit - PrivatePENOBSCOT VALLEY HOSPITAL

Evidence limits

Reviewed colorCMS enrollment match used where available11 ownership sources checked6 total sources below
Direct PE ownershipNot documented as direct PE ownership in this state-template pass
PE relationshipNo documented PE link in current baseline sources
OperatorVoluntary non-profit - Private
Population served

PENOBSCOT VALLEY HOSPITAL is shown with official-source baseline context for Maine. 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

State-template baseline separates facility record, operator/owner context, CMS owner rows, and PE status evidence. Context nodes do not create new ownership claims.

See the full ownership chain
operatesVoluntary non-profit - PrivatePENOBSCOT VALLEY HOSPITAL

Baseline operator/owner context for state-page completion; not an inferred PE ownership claim.

  • CMS owner rows identify enrolled owner/control roles but may not name every ultimate financial sponsor.
  • Missing local CEO, compensation, state-regulator, Form 990, or quality-trend fields remain explicit.
  • This chain is a template baseline and should be superseded by deeper source-family research when available.

Timeline

Ownership history and events

  1. 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.

  2. 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$22,858,887Hospital 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$22,061,890Hospital 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$19,777,905Hospital 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$17,140,631Hospital 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$25,432,498Hospital 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$24,299,950Hospital 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$21,608,969Hospital 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$18,016,212Hospital 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-$1,790,411Hospital 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$4,315Hospital 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$5,875,993Hospital 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$1,095,775Hospital 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$7,718,433Hospital 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$9,912,217Hospital 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$10,665,595Hospital 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$10,887,412Hospital 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$6,271,417Hospital 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$6,680,418Hospital 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$7,441,599Hospital 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$13,544,550Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023136.77 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022125.17 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021120.62 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2020 to 12/31/2020115.19 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202325 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202225 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202125 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2020 to 12/31/202025 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20231,705 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/20221,915 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/20211,842 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2020 to 12/31/20201,623 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/2023218 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022262 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/2021248 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2020 to 12/31/2020217 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

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

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Operator/owner context: Voluntary non-profit - Private.

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 estimateImmediate Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$1,727,688
2-year total margin-$1,225,134
Estimated reserve runway0.9 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