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Reviewed 2026-07-02

TRANSYLVANIA REGIONAL HOSPITAL

Ownership, control, relationships, and source records for TRANSYLVANIA REGIONAL HOSPITAL.
Ownership receipt

What we can say clearly

The hospital's ownership path is separate from this warning. The warning reflects a documented service or staffing relationship with TeamHealth, backed by Blackstone. It is not a direct private-equity ownership claim.

Finding
PE-backed service contract
Last reviewed
2026-07-02
Evidence
11 cited sources
Documented warningPE-backed staffing or management contractor on site

TRANSYLVANIA REGIONAL 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.

PE-backed service contract
Last verified Jun 2026
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Key sources

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Control Map

This leads to this

sponsors
BlackstoneTeamHealth
manages or staffs under contract
TeamHealthTRANSYLVANIA REGIONAL HOSPITAL
owns an interest in
HCA INCTRANSYLVANIA REGIONAL HOSPITAL

Evidence limits

Red color requiredCMS enrollment match used where available14 ownership sources checked11 total sources below
Direct PE ownershipNo direct PE ownership claim; PE-backed contract warning
PE relationshipPE-backed service or staffing contract
OperatorTeamHealth
Population served

TRANSYLVANIA REGIONAL 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

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
sponsorsBlackstone → TeamHealth

Primary portfolio evidence identifies the contractor as a sponsor portfolio company.

manages or staffs under contractTeamHealth → TRANSYLVANIA REGIONAL HOSPITAL

This is a service contract, not an ownership transfer.

owns an interest inHCA INC → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019

governsTYLER GROESSER → TRANSYLVANIA REGIONAL HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 04/30/2025

is associated withMH MASTER LLC → TRANSYLVANIA REGIONAL HOSPITAL

GENERAL PARTNERSHIP INTEREST · 1% reported ownership · associated 02/01/2019

is associated withERIC SMITH → TRANSYLVANIA REGIONAL HOSPITAL

CONTRACTED MANAGING EMPLOYEE · 0% reported ownership · associated 03/01/2021

owns an interest inHCA HEALTHCARE INC → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019

governsMICHELE PILON → TRANSYLVANIA REGIONAL HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 02/01/2019

is associated withMICHELE PILON → TRANSYLVANIA REGIONAL HOSPITAL

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 02/01/2019

owns an interest inMH HOSPITAL HOLDING INC → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019

owns an interest inHERCULES HOLDING II → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 19% reported ownership · associated 02/01/2019

owns an interest inHEALTHTRUST INC - THE HOSPITAL COMPANY → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019

owns an interest inMH MASTER HOLDING LLLP → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 99% reported ownership · associated 02/01/2019

is associated withMH MASTER HOLDING LLLP → TRANSYLVANIA REGIONAL HOSPITAL

LIMITED PARTNERSHIP INTEREST · 99% reported ownership · associated 02/01/2019

owns an interest inFRISCO HOLDING II → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 10.07% reported ownership · associated 02/01/2019

owns an interest inHTI HOSPITAL HOLDINGS INC → TRANSYLVANIA REGIONAL HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/01/2019

  • 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.
  • A management or staffing contract is not hospital ownership.

Timeline

Ownership history and events

  1. CMS before/after ownership event

    TRANSYLVANIA COMMUNITY HOSPITAL INC -> MH TRANSYLVANIA REGIONAL HOSPITAL, LLLP.

  2. manages

    Valley Health announced a clinical staffing and management transition to SCP Health. This is not an ownership transfer.

  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 revenue11/01/2022 to 10/31/2023$46,778,880Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue11/01/2021 to 10/31/2022$46,764,962Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue11/01/2020 to 10/31/2021$50,473,930Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue11/01/2019 to 10/31/2020$49,439,776Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense11/01/2022 to 10/31/2023$53,427,592Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense11/01/2021 to 10/31/2022$52,223,235Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense11/01/2020 to 10/31/2021$50,085,636Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense11/01/2019 to 10/31/2020$56,919,263Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income11/01/2022 to 10/31/2023-$5,584,522Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income11/01/2021 to 10/31/2022-$4,057,963Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income11/01/2020 to 10/31/2021$258,653Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income11/01/2019 to 10/31/2020-$6,547,056Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets11/01/2022 to 10/31/2023$54,121,998Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets11/01/2021 to 10/31/2022$54,126,446Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets11/01/2020 to 10/31/2021$56,194,305Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets11/01/2019 to 10/31/2020$50,977,823Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities11/01/2022 to 10/31/2023$26,262,171Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities11/01/2021 to 10/31/2022$21,630,246Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities11/01/2020 to 10/31/2021$19,640,137Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities11/01/2019 to 10/31/2020$17,157,452Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2022 to 10/31/2023153.64 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2021 to 10/31/2022155.75 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2020 to 10/31/2021193.9 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2019 to 10/31/2020222.68 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds11/01/2022 to 10/31/202325 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds11/01/2021 to 10/31/202225 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds11/01/2020 to 10/31/202125 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds11/01/2019 to 10/31/202025 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2022 to 10/31/20236,375 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2021 to 10/31/20226,129 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2020 to 10/31/20216,086 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2019 to 10/31/20204,994 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2022 to 10/31/20231,747 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2021 to 10/31/20221,531 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2020 to 10/31/20211,483 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2019 to 10/31/20201,352 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

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 documented relationship is a clinical service contract. Valley Health remains a nonprofit system; this is not an ownership claim.

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

SCP Health is the announced clinical staffing and management contractor.

Direct connection

Onex identifies SCP Health as a portfolio company.

Direct connection

Operator/owner context: TeamHealth.

Direct connection

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

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 ServicesreportingVirginia system consolidates physician management, closes observation unitBecker's Hospital ReviewprimarySCP Health portfolio profileOnexprimaryJoint statement on due process, transparency, and due diligence in emergency medicine contractingACEP and VACEPgovernmentHospital Change of OwnershipCenters for Medicare & Medicaid Services