PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

THE OUTER BANKS HOSPITAL, INC

Ownership, control, relationships, and source records for THE OUTER BANKS HOSPITAL, INC.
Ownership receipt

What we can say clearly

THE OUTER BANKS HOSPITAL, INC 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

THE OUTER BANKS HOSPITAL, INC 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

controls
THE OUTER BANKS HOSPITAL, INCTHE OUTER BANKS HOSPITAL, INC
operates
Ecu HealthTHE OUTER BANKS HOSPITAL, INC

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
OperatorECU Health
Population servedNeeds system/facility catchment estimate

THE OUTER BANKS HOSPITAL, INC is connected to ECU Health. No public-company shareholder layer. Control context is ECU Health governance and Brody School of Medicine affiliation. 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
controlsTHE OUTER BANKS HOSPITAL, INCTHE OUTER BANKS HOSPITAL, INC

THE OUTER BANKS HOSPITAL INC is the best available legal-owner or enrolled-operator layer for THE OUTER BANKS HOSPITAL, INC.

operatesEcu HealthTHE OUTER BANKS HOSPITAL, INC

ECU 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 layerTHE OUTER BANKS HOSPITAL INCFacility legal owner / enrollment layer · legal owner or enrolled operator

THE OUTER BANKS HOSPITAL INC is shown separately from the parent system and ultimate financial/control context.

Operator layerECU HealthAcademic/rural nonprofit health system · health 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 ECU Health governance and Brody School of Medicine affiliation.

Leadership

Current accountability and official image status

ECU Health Chief Executive OfficerMichael Waldrum, MD, MSc, MBA

Official ECU Health leadership page identifies Waldrum as CEO.

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

System Thread

Connected facilities and system family

  • THE OUTER BANKS HOSPITAL, INCECU Health · NAGS HEAD, NC · current record
  • VIDANT BEAUFORT HOSPITALECU Health · WASHINGTON, NC · connected NC facility
  • VIDANT BERTIE HOSPITALECU Health · WINDSOR, NC · connected NC facility
  • VIDANT CHOWAN HOSPITALECU Health · EDENTON, NC · connected NC facility
  • VIDANT DUPLIN HOSPITALECU Health · KENANSVILLE, NC · connected NC facility
  • VIDANT EDGECOMBE HOSPITALECU Health · TARBORO, NC · connected NC facility
  • VIDANT MEDICAL CENTERECU Health · GREENVILLE, NC · connected NC facility
  • VIDANT NORTH HOSPITALECU Health · ROANOKE RAPIDS, NC · connected NC facility
  • VIDANT ROANOKE - CHOWAN HOSPITALECU Health · AHOSKIE, NC · connected NC facility

Timeline

Ownership history and events

  1. controls

    THE OUTER BANKS HOSPITAL INC is the best available legal-owner or enrolled-operator layer for THE OUTER BANKS HOSPITAL, INC.

  2. operates

    ECU 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 revenue10/01/2022 to 09/30/2023$96,663,837Hospital 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$93,697,983Hospital 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$95,318,259Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2019 to 09/30/2020$79,237,334Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2022 to 09/30/2023$73,031,628Hospital 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$69,131,871Hospital 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$64,234,569Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2019 to 09/30/2020$57,510,605Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2022 to 09/30/2023$27,504,630Hospital 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$29,350,280Hospital 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$26,591,135Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2019 to 09/30/2020$20,594,602Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2022 to 09/30/2023$219,140,297Hospital 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$194,089,765Hospital 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$170,339,824Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2019 to 09/30/2020$99,697,274Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2022 to 09/30/2023$12,550,943Hospital 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$10,005,043Hospital 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$10,605,377Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2019 to 09/30/2020$12,473,058Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2022 to 09/30/2023324.45 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2021 to 09/30/2022318.66 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2020 to 09/30/2021311.04 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2019 to 09/30/2020270.63 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2022 to 09/30/202321 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2021 to 09/30/202221 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.
beds10/01/2019 to 09/30/202021 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2022 to 09/30/20233,335 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2021 to 09/30/20222,961 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2020 to 09/30/20213,233 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2019 to 09/30/20202,986 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2022 to 09/30/20231,155 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2021 to 09/30/20221,060 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2020 to 09/30/20211,076 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2019 to 09/30/20201,059 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: THE OUTER BANKS HOSPITAL INC.

Direct connection

Operator layer: ECU Health.

Direct connection

Ultimate parent/controller context: ECU Health.

Direct connection

Shareholder/governance context: No public-company shareholder layer. Control context is ECU Health governance and Brody School of Medicine affiliation.

Direct connection

Operator/owner context: ECU Health.

Direct connection

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

Download

Take the evidence with you

Sources

Evidence and source documents