PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

BLUE RIDGE REGIONAL HOSPITAL

Ownership, control, relationships, and source records for BLUE RIDGE 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

BLUE RIDGE 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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Closure risk

At Risk of Closure

Control Map

This leads to this

sponsors
BlackstoneTeamHealth
manages or staffs under contract
TeamHealthBLUE RIDGE REGIONAL HOSPITAL
owns an interest in
HCA INCBLUE RIDGE 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

BLUE RIDGE 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
sponsorsBlackstoneTeamHealth

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

manages or staffs under contractTeamHealthBLUE RIDGE REGIONAL HOSPITAL

This is a service contract, not an ownership transfer.

owns an interest inHCA INCBLUE RIDGE REGIONAL HOSPITAL

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

governsTYLER GROESSERBLUE RIDGE REGIONAL HOSPITAL

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

is associated withTONIA HALEBLUE RIDGE REGIONAL HOSPITAL

W-2 MANAGING EMPLOYEE · associated 12/16/2019

is associated withMH MASTER LLCBLUE RIDGE REGIONAL HOSPITAL

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

is associated withERIC SMITHBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inHCA HEALTHCARE INCBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inMH HOSPITAL HOLDING INCBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inHERCULES HOLDING IIBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inHEALTHTRUST INC - THE HOSPITAL COMPANYBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inMH MASTER HOLDING LLLPBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inFRISCO HOLDING IIBLUE RIDGE REGIONAL HOSPITAL

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

owns an interest inHTI HOSPITAL HOLDINGS INCBLUE RIDGE 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

    BLUE RIDGE REGIONAL HOSPITAL, INC. -> MH BLUE RIDGE MEDICAL CENTER, 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$50,991,194Hospital 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$43,664,299Hospital 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$39,979,945Hospital 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$33,222,925Hospital 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$56,273,445Hospital 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$50,802,316Hospital 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$45,730,860Hospital 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$45,965,370Hospital 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-$4,752,002Hospital 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-$6,748,982Hospital 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-$5,302,727Hospital 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-$12,425,713Hospital 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$54,950,872Hospital 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$50,737,682Hospital 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$47,786,658Hospital 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$47,946,698Hospital 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$50,720,148Hospital 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$41,754,942Hospital 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$32,054,931Hospital 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$27,830,633Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2022 to 10/31/2023168.93 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2021 to 10/31/2022158.78 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2020 to 10/31/2021158.55 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees11/01/2019 to 10/31/2020111.87 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 10/31/20236,237 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2021 to 10/31/20225,252 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2020 to 10/31/20215,033 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days11/01/2019 to 10/31/20203,726 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2022 to 10/31/20231,582 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2021 to 10/31/20221,341 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2020 to 10/31/20211,171 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges11/01/2019 to 10/31/20201,122 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.

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 estimateAt Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$5,707,810
2-year total margin-$10,565,850
Estimated reserve runway1.1 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