Reviewed 2026-07-02

FRISBIE MEMORIAL HOSPITAL

Ownership, control, relationships, and source records for FRISBIE MEMORIAL HOSPITAL.

Ownership receipt

What we can say clearly

FRISBIE MEMORIAL HOSPITAL has a completed New Hampshire 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

Documented investment signal
Last verified Jun 2026

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Key sources

CMS owners

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Control Map

This leads to this

owns an interest in

HCA SQUARED LLCFRISBIE MEMORIAL HOSPITAL

owns an interest in

HCA INCFRISBIE MEMORIAL HOSPITAL

is associated with

ERIC SMITHFRISBIE MEMORIAL 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

OperatorProprietary

Population served

FRISBIE MEMORIAL HOSPITAL is shown with official-source baseline context for New Hampshire. 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

owns an interest inHCA SQUARED LLC → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2020

owns an interest inHCA INC → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2020

is associated withERIC SMITH → FRISBIE MEMORIAL HOSPITAL

CONTRACTED MANAGING EMPLOYEE · associated 03/01/2021

owns an interest inHCA HEALTHCARE INC → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2020

owns an interest inHERCULES HOLDING II → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 20% reported ownership · associated 03/02/2020

governsHALEY BIGGERS → FRISBIE MEMORIAL HOSPITAL

CORPORATE OFFICER · associated 05/25/2025

owns an interest inHEALTHTRUST INC - THE HOSPITAL COMPANY → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2020

owns an interest inHOSPITAL CORP LLC → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2020

governsTHOMAS BOWDEN → FRISBIE MEMORIAL HOSPITAL

CORPORATE OFFICER · associated 02/17/2025

is associated withTHOMAS BOWDEN → FRISBIE MEMORIAL HOSPITAL

W-2 MANAGING EMPLOYEE · associated 02/17/2025

owns an interest inFRISCO HOLDING II → FRISBIE MEMORIAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 10.6% reported ownership · associated 03/01/2020

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

Timeline

Ownership history and events

03/01/2020
CMS before/after ownership event
FRISBIE MEMORIAL HOSPITAL -> FMH HEALTH SERVICES, LLC.
Current / undated
venture backing
undefined is reported as an investment backer; this is not treated as a completed ownership claim.
03/01/2020
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.
Current / undated
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

Metric	Period	Value	Method note
net patient revenue	03/01/2023 to 02/29/2024	$63,402,305	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	03/01/2022 to 02/28/2023	$71,691,890	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	03/01/2021 to 02/28/2022	$95,977,085	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	03/01/2020 to 02/28/2021	$92,704,475	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	03/01/2023 to 02/29/2024	$83,660,712	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	03/01/2022 to 02/28/2023	$91,393,315	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	03/01/2021 to 02/28/2022	$103,932,142	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	03/01/2020 to 02/28/2021	$109,492,580	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	03/01/2023 to 02/29/2024	-$18,116,009	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	03/01/2022 to 02/28/2023	-$11,840,462	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	03/01/2021 to 02/28/2022	-$6,899,215	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	03/01/2020 to 02/28/2021	-$9,021,968	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	03/01/2023 to 02/29/2024	$89,018,424	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	03/01/2022 to 02/28/2023	$83,978,844	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	03/01/2021 to 02/28/2022	$82,150,441	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	03/01/2020 to 02/28/2021	$85,804,485	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	03/01/2023 to 02/29/2024	$148,159,160	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	03/01/2022 to 02/28/2023	$122,919,443	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	03/01/2021 to 02/28/2022	$105,539,313	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	03/01/2020 to 02/28/2021	$98,573,156	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	03/01/2023 to 02/29/2024	$387,364	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	03/01/2022 to 02/28/2023	$1,574,446	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	10/01/2018 to 09/30/2019	$1,979,941	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	10/01/2017 to 09/30/2018	$377,603	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	03/01/2023 to 02/29/2024	771.41 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	03/01/2022 to 02/28/2023	308.2 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	03/01/2021 to 02/28/2022	395.36 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	03/01/2020 to 02/28/2021	467.11 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	03/01/2023 to 02/29/2024	39 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	03/01/2022 to 02/28/2023	58 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	03/01/2021 to 02/28/2022	58 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	03/01/2020 to 02/28/2021	58 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	03/01/2023 to 02/29/2024	4,675 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	03/01/2022 to 02/28/2023	7,173 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	03/01/2021 to 02/28/2022	11,831 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	03/01/2020 to 02/28/2021	11,612 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	03/01/2023 to 02/29/2024	966 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	03/01/2022 to 02/28/2023	1,802 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	03/01/2021 to 02/28/2022	2,415 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	03/01/2020 to 02/28/2021	2,431 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

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

Official facility URL

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Operator/owner context: Proprietary.

Direct connection

CMS Care Compare ownership category: Proprietary.

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 governmentHospital Change of OwnershipCenters for Medicare & Medicaid Services