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Reviewed 2026-07-02

NORTH CAROLINA SPECIALTY HOSPITAL

Ownership, control, relationships, and source records for NORTH CAROLINA SPECIALTY HOSPITAL.
Ownership receipt

What we can say clearly

NORTH CAROLINA SPECIALTY 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
2026-07-02
Evidence
7 cited sources
Documented warningOwned or controlled by private equity

NORTH CAROLINA SPECIALTY HOSPITAL has a completed North Carolina 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.

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
Bain CapitalSurgery Partners
reported ownership or operating chain
Surgery PartnersNORTH CAROLINA SPECIALTY HOSPITAL
owns an interest in
SP HOLDCO I INCNORTH CAROLINA SPECIALTY HOSPITAL

Evidence limits

Red color requiredCMS enrollment match used where available13 ownership sources checked7 total sources below
Direct PE ownershipDocumented PE ownership/control signal
PE relationshipPE-owned or PE-controlled in reviewed sources
OperatorSurgery Partners
Population served

NORTH CAROLINA SPECIALTY HOSPITAL is shown with official-source baseline context for North Carolina. Missing fields remain visible instead of being inferred.

Review Note

Why this page is published

government-corroborated

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
sponsorsBain Capital → Surgery Partners

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

reported ownership or operating chainSurgery Partners → NORTH CAROLINA SPECIALTY HOSPITAL

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

owns an interest inSP HOLDCO I INC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 09/01/2017

owns an interest inNATIONAL SURGICAL HOSPITALS, LLC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 06/01/2001

governsJENNIFER BALDOCK → NORTH CAROLINA SPECIALTY HOSPITAL

CORPORATE OFFICER · associated 09/01/2017

owns an interest inFMR LLC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 6.73% reported ownership · associated 11/21/2022

owns an interest inASSOCIATED MEDICAL LLC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 15.35% reported ownership · associated 06/11/2001

owns an interest inTOREG.2 LLC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 28.65% reported ownership · associated 06/11/2001

owns an interest inSURGERY PARTNERS INC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 09/01/2017

owns an interest inTOREG.2.5 LLC → NORTH CAROLINA SPECIALTY HOSPITAL

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

owns an interest inSURGERY CENTER HOLDINGS INC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 06/01/2001

governsRANDI SHULTS → NORTH CAROLINA SPECIALTY HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 03/15/2005

is associated withRANDI SHULTS → NORTH CAROLINA SPECIALTY HOSPITAL

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 08/30/2004

owns an interest inNSH DURHAM, INC. → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 06/01/2001

is associated withHARRISON BANE → NORTH CAROLINA SPECIALTY HOSPITAL

OTHER · 0% reported ownership · associated 09/01/2024

owns an interest inBCPE SEMINOLE HOLDINGS II INTERMEDIATE LP → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 12.14% reported ownership · associated 03/31/2023

owns an interest inSURGERY CENTER HOLDINGS LLC → NORTH CAROLINA SPECIALTY HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 09/01/2017

  • 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 Surgery Partners in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

  3. 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.

  4. 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$70,935,213Hospital 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$71,556,579Hospital 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$67,897,783Hospital 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$62,776,287Hospital 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$62,069,035Hospital 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$63,169,125Hospital 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$57,447,832Hospital 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$52,444,875Hospital 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$9,417,918Hospital 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$8,948,054Hospital 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$13,781,803Hospital 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$12,133,962Hospital 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$63,830,368Hospital 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$72,220,341Hospital 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$53,768,194Hospital 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$52,838,510Hospital 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$44,018,009Hospital 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$53,081,435Hospital 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$34,900,742Hospital 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$34,568,183Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2023 to 12/31/2023$1,806,867Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2022 to 12/31/2022$2,171,670Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2021 to 12/31/2021$675,510Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2020 to 12/31/2020$498,781Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023215.44 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022193.5 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021204.87 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2020 to 12/31/2020188.97 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202318 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202218 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202118 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2020 to 12/31/202018 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20231,302 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/20221,560 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/20211,749 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2020 to 12/31/20202,214 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/2023504 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022590 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/2021646 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2020 to 12/31/20201,117 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

Official facility URL

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Reported parent system or portfolio company: Surgery Partners.

Direct connection

Reported investment sponsor: Bain Capital.

Direct connection

Operator/owner context: Surgery Partners.

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 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