Reviewed 2026-06-22

PALISADES MEDICAL CENTER

Ownership, control, relationships, and source records for PALISADES MEDICAL CENTER.

Ownership receipt

What we can say clearly

PALISADES 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

PALISADES 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

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Key sources

CMS owners

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Control Map

This leads to this

reported ownership or operating chain

HACKENSACK MERIDIAN HEALTH INCPALISADES MEDICAL CENTER

governs

GLORIA MARTINIPALISADES MEDICAL CENTER

governs

PRAFUL RAJAPALISADES 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 chainHACKENSACK MERIDIAN HEALTH INC → PALISADES MEDICAL CENTER

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

governsGLORIA MARTINI → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsPRAFUL RAJA → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2022

governsFRANK FEKETE → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsRICHARD HENNING → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsEDWARD PICCINICH → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsTHOMAS LAKE → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsMARVIN GOLDSTEIN → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsEDWARD RUSSO → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsWILLIAM MURRAY → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsFRANK VUONO → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsWALTER WYNKOOP → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsWILLIAM LAWLESS → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

governsROSEMARIE SORCE → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsSHAWN REYNOLDS → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsRICHARD HAND → PALISADES MEDICAL CENTER

CORPORATE OFFICER · associated 01/01/2023

governsGREGORIO GUILLEN → PALISADES MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2018

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	$199,224,732	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	$190,589,432	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	$159,498,913	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	$207,790,632	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	$195,728,413	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	$199,757,511	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	-$5,605,652	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	$4,862,265	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	-$5,437,896	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	$119,419,222	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	$104,667,888	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	$115,327,520	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	$15,415,234	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	$14,780,341	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	$26,783,642	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	$4,758,334	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	$7,790,785	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	$6,623,278	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	955.37 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	956.38 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	1,384.63 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	186 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	186 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	186 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	27,705 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	31,852 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	31,596 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	6,672 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	7,675 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	6,567 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.

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