PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

ERLANGER MURPHY MEDICAL CENTER

Ownership, control, relationships, and source records for ERLANGER MURPHY MEDICAL CENTER.
Ownership receipt

What we can say clearly

ERLANGER MURPHY MEDICAL CENTER 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

ERLANGER MURPHY MEDICAL CENTER 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

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 ↗

Closure risk

Immediate Risk of Closure

Control Map

This leads to this

controls
Murphy Medical Center IncERLANGER MURPHY MEDICAL CENTER
operates
Erlanger Health SystemERLANGER MURPHY MEDICAL CENTER

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
OperatorErlanger Health System
Population servedNeeds system/facility catchment estimate

ERLANGER MURPHY MEDICAL CENTER is connected to Erlanger Health 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
controlsMurphy Medical Center IncERLANGER MURPHY MEDICAL CENTER

MURPHY MEDICAL CENTER INC is the best available legal-owner or enrolled-operator layer for ERLANGER MURPHY MEDICAL CENTER.

operatesErlanger Health SystemERLANGER MURPHY MEDICAL CENTER

Erlanger Health 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 layerMURPHY MEDICAL CENTER INCFacility legal owner / enrollment layer · legal owner or enrolled operator

MURPHY MEDICAL CENTER INC is shown separately from the parent system and ultimate financial/control context.

Operator layerErlanger Health SystemHospital operator or parent system · operator / parent-system context

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

Timeline

Ownership history and events

  1. controls

    MURPHY MEDICAL CENTER INC is the best available legal-owner or enrolled-operator layer for ERLANGER MURPHY MEDICAL CENTER.

  2. operates

    Erlanger Health 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$61,157,952Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2022 to 06/30/2023$57,970,565Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2021 to 06/30/2022$49,758,967Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2020 to 06/30/2021$51,787,602Hospital 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$67,923,894Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2022 to 06/30/2023$63,062,195Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2021 to 06/30/2022$59,291,729Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2020 to 06/30/2021$55,632,706Hospital 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$1,210,134Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2022 to 06/30/2023$2,120,024Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2021 to 06/30/2022-$7,963,017Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2020 to 06/30/2021$3,377,279Hospital 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$22,405,408Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2022 to 06/30/2023$20,880,500Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2021 to 06/30/2022$19,838,114Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2020 to 06/30/2021$28,080,406Hospital 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$10,325,555Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2022 to 06/30/2023$10,050,063Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2021 to 06/30/2022$10,674,319Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2020 to 06/30/2021$10,953,594Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 06/30/2024393.01 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2022 to 06/30/2023399.9 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2021 to 06/30/2022390.53 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2020 to 06/30/2021298 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 06/30/202425 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2022 to 06/30/202325 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2021 to 06/30/202225 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2020 to 06/30/202125 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 06/30/20244,113 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2022 to 06/30/20235,133 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2021 to 06/30/20225,300 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2020 to 06/30/20214,810 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 06/30/2024880 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2022 to 06/30/2023909 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2021 to 06/30/20221,184 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2020 to 06/30/20211,300 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: MURPHY MEDICAL CENTER INC.

Direct connection

Operator layer: Erlanger Health System.

Direct connection

Ultimate parent/controller context: Erlanger Health System.

Direct connection

Operator/owner context: Erlanger Health System.

Direct connection

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

Closure-risk evidence

Estimate method and source limits

CHQPR published May 2026 state totals and hospital financial tables, but not a named risk list. This is an estimated crosswalk and does not change the ownership/control status shown above.

Risk estimateImmediate Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$3,363,994
2-year total margin$2,127,620
Estimated reserve runway0.0 years
  • CHQPR May 2026 state totals for rural hospitals at risk and at immediate risk.Does not prove: CHQPR does not identify this hospital by name as being in either risk group.
  • The hospital financial values used for the within-state estimate.Does not prove: The exact unpublished CHQPR risk classification or future closure.
  • The CHQPR hospital name, city, state, and payment-type context.Does not prove: Identity linkage to the website where the name match remains unresolved.

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Sources

Evidence and source documents