PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

NOVANT HEALTH MEDICAL PARK HOSPITAL

Ownership, control, relationships, and source records for NOVANT HEALTH MEDICAL PARK HOSPITAL.
Ownership receipt

What we can say clearly

NOVANT HEALTH MEDICAL PARK HOSPITAL is marked as a corporate-chain case. That is separate from direct private-equity ownership, but it still belongs in the red corporate-control color family.

Finding
Corporate-chain ownership/accountability warning
Last reviewed
2026-07-02
Evidence
9 cited sources
Documented warningPart of a corporate hospital chain

NOVANT HEALTH MEDICAL PARK 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.

Corporate-chain ownership/accountability warning
Last verified Jun 2026
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Key sources

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Dollar For lists this facility for hospital bill assistance. Eligibility depends on the hospital policy and patient circumstances.
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Control Map

This leads to this

controls
Medical Park Hospital LlcNOVANT HEALTH MEDICAL PARK HOSPITAL
operates
Novant HealthNOVANT HEALTH MEDICAL PARK HOSPITAL

Evidence limits

Red color requiredCMS enrollment match used where available16 ownership sources checked9 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
OperatorNovant Health
Population servedNeeds system/facility catchment estimate

NOVANT HEALTH MEDICAL PARK HOSPITAL is connected to Novant Health. No public-company shareholder layer. Control context is nonprofit system governance and executive compensation disclosure. Institutional shareholder names are context only and do not override facility-level ownership evidence.

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

Facility legal owner, operator, parent company, ultimate controller, PE sponsor, and institutional shareholder context are separate evidence layers.

See the full ownership chain
controlsMedical Park Hospital LlcNOVANT HEALTH MEDICAL PARK HOSPITAL

MEDICAL PARK HOSPITAL LLC is the best available legal-owner or enrolled-operator layer for NOVANT HEALTH MEDICAL PARK HOSPITAL.

operatesNovant HealthNOVANT HEALTH MEDICAL PARK HOSPITAL

Novant Health is shown as the operator or parent-system layer for this facility.

  • Institutional shareholders such as Vanguard, BlackRock, and State Street are context nodes only; they are not hospital operators unless direct control evidence is found.
  • CMS owner rows identify enrolled owner/control roles but may not name every ultimate financial sponsor.
  • Sibling/system affiliation does not cause a facility to inherit another hospital’s red status.

Connections

Who owns, backs, staffs, or connects to this facility

Legal-owner layerMEDICAL PARK HOSPITAL LLCFacility legal owner / enrollment layer · legal owner or enrolled operator

MEDICAL PARK HOSPITAL LLC is shown separately from the parent system and ultimate financial/control context.

Operator layerNovant HealthLarge nonprofit health system · nonprofit system operator

This connection identifies the operating or system layer used for the public map and dossier.

Shareholder contextInstitutional shareholders / governance contextShareholder or governance context · context only, not hospital operation

No public-company shareholder layer. Control context is nonprofit system governance and executive compensation disclosure.

Leadership

Current accountability and official image status

Novant Health President and Chief Executive OfficerCarl S. Armato

System-level accountability context for Novant Health facilities.

official page has an image, but direct image URL was not captured from the public HTML

Compensation context: Novant publishes executive compensation context on its public financial-profile pages.

System Thread

Connected facilities and system family

  • NEW HANOVER REGIONAL MEDICAL CENTERNovant Health · WILMINGTON, NC · connected NC facility
  • NEW HANOVER REGIONAL MEDICAL CENTER ORTHOPEDIC HOSPITALNovant Health · WILMINGTON, NC · connected NC facility
  • NOVANT HEALTH BALLANTYNE MEDICAL CENTERNovant Health · CHARLOTTE, NC · connected NC facility
  • NOVANT HEALTH BRUNSWICK MEDICAL CENTERNovant Health · BOLIVIA, NC · connected NC facility
  • NOVANT HEALTH CHARLOTTE ORTHOPEDIC HOSPITALNovant Health · CHARLOTTE, NC · connected NC facility
  • NOVANT HEALTH FORSYTH MEDICAL CENTERNovant Health · WINSTON-SALEM, NC · connected NC facility
  • NOVANT HEALTH HUNTERSVILLE MEDICAL CENTERNovant Health · HUNTERSVILLE, NC · connected NC facility
  • NOVANT HEALTH MATTHEWS MEDICAL CENTERNovant Health · MATTHEWS, NC · connected NC facility
  • NOVANT HEALTH MEDICAL PARK HOSPITALNovant Health · WINSTON-SALEM, NC · current record
  • NOVANT HEALTH MINT HILL MEDICAL CENTERNovant Health · CHARLOTTE, NC · connected NC facility
  • NOVANT HEALTH PRESBYTERIAN MEDICAL CENTERNovant Health · CHARLOTTE, NC · connected NC facility
  • NOVANT HEALTH REHABILITATION HOSPITALNovant Health · WINSTON-SALEM, NC · connected NC facility
  • NOVANT HEALTH ROWAN MEDICAL CENTERNovant Health · SALISBURY, NC · connected NC facility
  • NOVANT HEALTH THOMASVILLE MEDICAL CENTERNovant Health · THOMASVILLE, NC · connected NC facility
  • PENDER MEMORIAL HOSPITAL, INCNovant Health · BURGAW, NC · connected NC facility

Timeline

Ownership history and events

  1. controls

    MEDICAL PARK HOSPITAL LLC is the best available legal-owner or enrolled-operator layer for NOVANT HEALTH MEDICAL PARK HOSPITAL.

  2. operates

    Novant Health is shown as the operator or parent-system layer for this 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$92,080,328Hospital 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$82,639,924Hospital 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$96,800,617Hospital 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$92,674,693Hospital 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$76,922,376Hospital 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$69,554,238Hospital 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$72,868,450Hospital 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$60,702,663Hospital 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$15,857,423Hospital 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$13,703,021Hospital 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$24,443,326Hospital 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$33,741,106Hospital 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$32,112,011Hospital 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$36,894,058Hospital 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$38,437,609Hospital 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$37,724,896Hospital 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-$512,481,646Hospital 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-$481,635,712Hospital 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-$456,760,900Hospital 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-$442,589,881Hospital 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$88,549Hospital 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$386,502Hospital 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$184,689Hospital 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$28,192Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023223.04 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022204.25 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021229.51 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2020 to 12/31/2020220.95 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202322 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202222 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202122 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2020 to 12/31/202022 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/20231,495 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/20221,653 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/20212,781 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2020 to 12/31/20202,980 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/2023543 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022560 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/2021853 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2020 to 12/31/2020937 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 automated NC pass searched mandatory official/source systems and records missing items; it does not claim the entire internet was exhausted.

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 CEO image URL

Unavailable

source-backed local CEO/current leader

Unavailable

facility-level CEO compensation amount

Direct connection

Legal/enrollment layer: MEDICAL PARK HOSPITAL LLC.

Direct connection

Operator layer: Novant Health.

Direct connection

Ultimate parent/controller context: Novant Health.

Direct connection

Shareholder/governance context: No public-company shareholder layer. Control context is nonprofit system governance and executive compensation disclosure.

Direct connection

Operator/owner context: Novant Health.

Direct connection

CMS Care Compare ownership category: Voluntary non-profit - Other.

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Sources

Evidence and source documents