PE Healthcare WatchEvidence behind healthcare control
💲 What should it cost?CorrectionsSupport research

Reviewed 2026-07-02

CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED

Ownership, control, relationships, and source records for CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED.
Ownership receipt

What we can say clearly

CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED 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
8 cited sources
Documented warningPart of a corporate hospital chain

CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED 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
See real prices near this facility →
Key sources

Financial assistance help

Bill Reduction Available

Dollar For lists this facility for hospital bill assistance. Eligibility depends on the hospital policy and patient circumstances.
Get bill help ↗

Control Map

This leads to this

Hospital ownership/control path
Appalachian Regional Healthcare SystemHealth systemCHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED

Evidence limits

Red color requiredCMS enrollment match used where available15 ownership sources checked8 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
OperatorAppalachian Regional Healthcare System
Population servedNeeds system/facility catchment estimate

CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED is connected to Appalachian Regional Healthcare System. No public-company shareholder layer was found in this pass. 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
controlsCharles A Cannon Jr Memorial Hospital Inc → CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED

CHARLES A CANNON JR MEMORIAL HOSPITAL INC is the best available legal-owner or enrolled-operator layer for CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED.

operatesAppalachian Regional Healthcare System → CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED

Appalachian Regional Healthcare System 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 layerCHARLES A CANNON JR MEMORIAL HOSPITAL INCFacility legal owner / enrollment layer · legal owner or enrolled operator

CHARLES A CANNON JR MEMORIAL HOSPITAL INC is shown separately from the parent system and ultimate financial/control context.

Operator layerAppalachian Regional Healthcare SystemHospital operator or parent system · operator / parent-system context

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

System Thread

Connected facilities and system family

  • APPALACHIAN REGIONAL BEHAVIORAL HEALTHCAREAppalachian Regional Healthcare System · LINVILLE, NC · connected NC facility
  • CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATEDAppalachian Regional Healthcare System · LINVILLE, NC · current record
  • WATAUGA MEDICAL CENTER, INCAppalachian Regional Healthcare System · BOONE, NC · connected NC facility

Timeline

Ownership history and events

  1. controls

    CHARLES A CANNON JR MEMORIAL HOSPITAL INC is the best available legal-owner or enrolled-operator layer for CHARLES A. CANNON JR. MEMORIAL HOSPITAL, INCORPORATED.

  2. operates

    Appalachian Regional Healthcare System 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 revenue07/01/2023 to 06/30/2024$26,613,304Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2022 to 06/30/2023$15,969,403Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2021 to 09/30/2022$20,204,963Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2020 to 09/30/2021$21,151,191Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2023 to 06/30/2024$27,614,709Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2022 to 06/30/2023$19,835,241Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2021 to 09/30/2022$24,772,138Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2020 to 09/30/2021$25,801,049Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2023 to 06/30/2024$2,800,359Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2022 to 06/30/2023-$1,392,575Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2021 to 09/30/2022-$1,104,895Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2020 to 09/30/2021$3,144,712Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2023 to 06/30/2024$35,805,137Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2022 to 06/30/2023$8,772,388Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2021 to 09/30/2022$11,448,729Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2020 to 09/30/2021$16,774,131Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2023 to 06/30/2024$33,169,476Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2022 to 06/30/2023$6,254,551Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2021 to 09/30/2022$7,538,317Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2020 to 09/30/2021$11,758,824Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 06/30/2024135 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2022 to 06/30/2023131.06 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2021 to 09/30/2022128.6 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2020 to 09/30/2021128.58 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 06/30/202423 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2022 to 06/30/202323 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2021 to 09/30/202223 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2020 to 09/30/202121 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 06/30/20241,595 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2022 to 06/30/20231,213 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2021 to 09/30/20221,437 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2020 to 09/30/20211,400 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 06/30/2024384 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2022 to 06/30/2023217 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2021 to 09/30/2022305 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2020 to 09/30/2021272 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

source-backed CEO/current leader

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Legal/enrollment layer: CHARLES A CANNON JR MEMORIAL HOSPITAL INC.

Direct connection

Operator layer: Appalachian Regional Healthcare System.

Direct connection

Ultimate parent/controller context: Appalachian Regional Healthcare System.

Direct connection

Operator/owner context: Appalachian Regional Healthcare System.

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 DatagovernmentNorth Carolina hospital license dataNorth Carolina Division of Health Service RegulationgovernmentHospital EnrollmentsCenters for Medicare & Medicaid ServicesgovernmentHospital All OwnersCenters for Medicare & Medicaid ServicesgovernmentHospital General InformationCenters for Medicare & Medicaid ServicesgovernmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services