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Reviewed 2026-06-22

HILLCREST HOSPITAL CUSHING

Ownership, control, relationships, and source records for HILLCREST HOSPITAL CUSHING.
Ownership receipt

What we can say clearly

HILLCREST HOSPITAL CUSHING 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
2026-06-22
Evidence
6 cited sources
Documented warningOwned or controlled by private equity

HILLCREST HOSPITAL CUSHING is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for AHS CUSHING HOSPITAL LLC. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
Last verified Apr 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.

Closure risk

Immediate Risk of Closure

Control Map

This leads to this

sponsors
Equity Group InvestmentsAHS Management
reported ownership or operating chain
AHS ManagementHILLCREST HOSPITAL CUSHING
owns an interest in
ARDENT HEALTH INCHILLCREST HOSPITAL CUSHING

Evidence limits

Red color requiredCCN exact match2 ownership sources checked6 total sources below

Review Note

Why this page is published

government-corroborated

Meets the Phase 3 publication standard for its displayed status

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
sponsorsEquity Group Investments → AHS Management

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

reported ownership or operating chainAHS Management → HILLCREST HOSPITAL CUSHING

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

owns an interest inARDENT HEALTH INC → HILLCREST HOSPITAL CUSHING

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/04/2015

governsKEVIN GROSS → HILLCREST HOSPITAL CUSHING

CORPORATE OFFICER · 0% reported ownership · associated 06/01/2014

is associated withKEVIN GROSS → HILLCREST HOSPITAL CUSHING

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 09/01/2021

owns an interest inAHS OKLAHOMA, LLC → HILLCREST HOSPITAL CUSHING

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

governsMARTIN BONICK → HILLCREST HOSPITAL CUSHING

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2020

owns an interest inAHS HILLCREST HEALTHCARE SYSTEM LLC → HILLCREST HOSPITAL CUSHING

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/06/2009

governsMARY CRABTREE → HILLCREST HOSPITAL CUSHING

CORPORATE OFFICER · 0% reported ownership · associated 09/01/2021

governsMARY CRABTREE → HILLCREST HOSPITAL CUSHING

CORPORATE DIRECTOR · associated 04/20/2004

controls or managesAHS MANAGEMENT COMPANY INC. → HILLCREST HOSPITAL CUSHING

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 01/01/2019

governsSTEPHEN PETROVICH → HILLCREST HOSPITAL CUSHING

CORPORATE OFFICER · 0% reported ownership · associated 04/20/2004

owns an interest inARDENT LEGACY HOLDINGS LLC → HILLCREST HOSPITAL CUSHING

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/04/2015

owns an interest inAHP HEALTH PARTNERS, INC → HILLCREST HOSPITAL CUSHING

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

  • 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.

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 Ardent Health Services in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue12/01/2022 to 11/30/2023$13,903,639Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue12/01/2021 to 11/30/2022$10,954,393Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue12/01/2020 to 11/30/2021$12,303,974Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense12/01/2022 to 11/30/2023$19,228,269Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense12/01/2021 to 11/30/2022$18,246,165Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense12/01/2020 to 11/30/2021$16,465,913Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income12/01/2022 to 11/30/2023-$4,715,159Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income12/01/2021 to 11/30/2022-$6,125,152Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income12/01/2020 to 11/30/2021-$3,096,108Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets12/01/2022 to 11/30/2023$8,494,535Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets12/01/2021 to 11/30/2022$8,687,685Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets12/01/2020 to 11/30/2021$8,643,135Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities12/01/2022 to 11/30/2023$37,021,229Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities12/01/2021 to 11/30/2022$32,068,051Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities12/01/2020 to 11/30/2021$25,898,348Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care12/01/2022 to 11/30/2023$1,590,971Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care12/01/2021 to 11/30/2022$1,607,331Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care12/01/2020 to 11/30/2021$574,891Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2022 to 11/30/202377.44 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2021 to 11/30/202283.35 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2020 to 11/30/202163.69 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2022 to 11/30/202324 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2021 to 11/30/202224 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2020 to 11/30/202124 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2022 to 11/30/20232,527 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2021 to 11/30/20221,753 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2020 to 11/30/20212,529 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2022 to 11/30/2023503 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2021 to 11/30/2022367 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2020 to 11/30/2021564 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 campus/location dossier reuses the source packet for the same legacy hospital ID. Parent and sibling links still follow this location record’s separately qualified ownership fields; PE status was copied only after exact PE-field agreement.

Direct connection

Reported parent system or portfolio company: Ardent Health Services.

Direct connection

Reported investment sponsor: Equity Group Investments.

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-$3,413,271
2-year total margin-$3,708,664
Estimated reserve runway0.3 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.
Open the full closure-risk evidence reviewCHQPR state totals ↗CHQPR financial table ↗

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 DataresearchPrivate Equity Hospital TrackerPrivate Equity Stakeholder ProjectgovernmentHospital EnrollmentsCenters for Medicare & Medicaid ServicesgovernmentHospital All OwnersCenters for Medicare & Medicaid ServicesgovernmentHospital Provider Cost ReportsCenters for Medicare & Medicaid ServicesgovernmentHospital General InformationCenters for Medicare & Medicaid Services