PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

RALEIGH OAKS BEHAVIORAL HEALTH

Ownership, control, relationships, and source records for RALEIGH OAKS BEHAVIORAL HEALTH.
Ownership receipt

What we can say clearly

RALEIGH OAKS BEHAVIORAL HEALTH is marked red because reviewed ownership records connect the facility to private-equity ownership or control. The detailed chain and source links are below.

Finding
CMS-corroborated PE ownership record
Last reviewed
2026-07-02
Evidence
7 cited sources
Documented warningOwned or controlled by private equity

RALEIGH OAKS BEHAVIORAL HEALTH 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.

CMS-corroborated PE ownership record
Last verified Jun 2026
See real prices near this facility →
Key sources

Financial assistance help

Not confirmed

We have not confirmed a Dollar For listing for this facility. This does not mean financial assistance is unavailable.

Control Map

This leads to this

sponsors
Patient Square CapitalSummit Behavioral Healthcare
reported ownership or operating chain
Summit Behavioral HealthcareRALEIGH OAKS BEHAVIORAL HEALTH
is associated with
PAUL GILBERTRALEIGH OAKS BEHAVIORAL HEALTH

Evidence limits

Red color requiredCMS enrollment match used where available13 ownership sources checked7 total sources below
Direct PE ownershipDocumented PE ownership/control signal
PE relationshipPE-owned or PE-controlled in reviewed sources
OperatorSummit Behavioral Healthcare
Population served

RALEIGH OAKS BEHAVIORAL HEALTH 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

government-corroborated

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
sponsorsPatient Square CapitalSummit Behavioral Healthcare

The tracker supplies the sponsor-to-platform attribution; CMS does not independently reproduce every sponsor name.

reported ownership or operating chainSummit Behavioral HealthcareRALEIGH OAKS BEHAVIORAL HEALTH

The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.

is associated withPAUL GILBERTRALEIGH OAKS BEHAVIORAL HEALTH

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 04/10/2023

controls or managesPAUL GILBERTRALEIGH OAKS BEHAVIORAL HEALTH

OPERATIONAL/MANAGERIAL CONTROL · associated 04/10/2023

owns an interest inSUMMIT BEHAVIORAL HOLDINGS I LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/01/2021

governsBRIAN WALTONRALEIGH OAKS BEHAVIORAL HEALTH

CORPORATE OFFICER · 100% reported ownership · associated 03/03/2026

is associated withBRIAN WALTONRALEIGH OAKS BEHAVIORAL HEALTH

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 03/03/2026

owns an interest inSUMMIT BEHAVIORAL HOLDINGS LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inSUMMIT BEHAVIORAL HEALTHCARE LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inSPERRY HOLDCO LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/03/2025

owns an interest inSBHC HOLDINGS LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inPSC SPERRY BUYER LLCRALEIGH OAKS BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 95.76% reported ownership · associated 12/31/2021

  • 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.

Timeline

Ownership history and events

  1. Acquisition date reported

    Date supplied by the April 3, 2026 PE hospital tracker snapshot.

  2. owns

    The tracker identifies Summit Behavioral Healthcare in the PE ownership chain, and CMS supplies current enrolled-owner records for the 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 revenue12/28/2022 to 12/31/2023$8,623,711Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense12/28/2022 to 12/31/2023$13,044,033Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income12/28/2022 to 12/31/2023-$4,412,364Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets12/28/2022 to 12/31/2023$28,213,150Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities12/28/2022 to 12/31/2023$36,473,632Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/28/2022 to 12/31/202386.88 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/28/2022 to 12/31/202356 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/28/2022 to 12/31/202311,963 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/28/2022 to 12/31/20231,302 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 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 facility URL

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Reported parent system or portfolio company: Summit Behavioral Healthcare.

Direct connection

Reported investment sponsor: Patient Square Capital.

Direct connection

Operator/owner context: Summit Behavioral Healthcare.

Direct connection

CMS Care Compare ownership category: Proprietary.

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Sources

Evidence and source documents