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Reviewed 2026-06-22

LOVELACE WOMEN'S HOSPITAL

Ownership, control, relationships, and source records for LOVELACE WOMEN'S HOSPITAL.
Ownership receipt

What we can say clearly

LOVELACE WOMEN'S 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

LOVELACE WOMEN'S HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for LOVELACE HEALTH SYSTEM 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

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Control Map

This leads to this

sponsors
Equity Group InvestmentsAHS Management
reported ownership or operating chain
AHS ManagementLOVELACE WOMEN'S HOSPITAL
owns an interest in
ARDENT HEALTH INCLOVELACE WOMEN'S HOSPITAL

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
sponsorsEquity Group Investments → AHS Management

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

reported ownership or operating chainAHS Management → LOVELACE WOMEN'S HOSPITAL

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

owns an interest inARDENT HEALTH INC → LOVELACE WOMEN'S HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/01/2019

governsMARTIN BONICK → LOVELACE WOMEN'S HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 08/16/2020

governsMARY CRABTREE → LOVELACE WOMEN'S HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 03/01/2005

controls or managesAHS MANAGEMENT COMPANY INC. → LOVELACE WOMEN'S HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 01/01/2019

governsSTEPHEN PETROVICH → LOVELACE WOMEN'S HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 10/24/2003

governsSTEPHEN PETROVICH → LOVELACE WOMEN'S HOSPITAL

CORPORATE DIRECTOR · 0% reported ownership · associated 08/04/2015

governsMATT MAXFIELD → LOVELACE WOMEN'S HOSPITAL

CORPORATE OFFICER · 100% reported ownership · associated 07/01/2022

is associated withMATT MAXFIELD → LOVELACE WOMEN'S HOSPITAL

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 07/01/2022

owns an interest inARDENT LEGACY HOLDINGS LLC → LOVELACE WOMEN'S HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/01/2019

owns an interest inAHP HEALTH PARTNERS, INC → LOVELACE WOMEN'S HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/01/2019

  • 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

  1. Acquisition date reported

    Date supplied by the April 3, 2026 PE hospital tracker snapshot.

  2. owns

    The tracker identifies Ardent Health Services in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue05/01/2023 to 04/30/2024$205,760,519Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2022 to 04/30/2023$198,803,569Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2021 to 04/30/2022$195,384,393Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2023 to 04/30/2024$181,051,288Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2022 to 04/30/2023$183,194,903Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2021 to 04/30/2022$178,686,149Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2023 to 04/30/2024$28,592,945Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2022 to 04/30/2023$19,684,626Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2021 to 04/30/2022$21,282,252Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2023 to 04/30/2024$54,944,516Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2022 to 04/30/2023$41,016,784Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2021 to 04/30/2022$35,165,892Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2023 to 04/30/2024-$197,369,767Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2022 to 04/30/2023-$182,704,557Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2021 to 04/30/2022-$168,870,822Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2023 to 04/30/2024$7,723,625Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2022 to 04/30/2023$13,247,134Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2021 to 04/30/2022$11,142,144Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2023 to 04/30/2024545.03 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2022 to 04/30/2023557.98 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2021 to 04/30/2022625.33 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2023 to 04/30/2024162 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2022 to 04/30/2023162 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2021 to 04/30/2022160 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2023 to 04/30/202428,445 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2022 to 04/30/202330,385 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2021 to 04/30/202231,845 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2023 to 04/30/20246,288 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2022 to 04/30/20236,799 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2021 to 04/30/20226,840 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
Unavailable

Official facility URL

Direct connection

Reported parent system or portfolio company: Ardent Health Services.

Direct connection

Reported investment sponsor: Equity Group Investments.

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Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospitalJSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level DataresearchPrivate Equity Hospital TrackerPrivate Equity Stakeholder ProjectgovernmentHospital EnrollmentsCenters for Medicare & Medicaid ServicesgovernmentHospital All OwnersCenters for Medicare & Medicaid ServicesgovernmentHospital Provider Cost ReportsCenters for Medicare & Medicaid ServicesgovernmentHospital General InformationCenters for Medicare & Medicaid Services