PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

HILLCREST HOSPITAL HENRYETTA

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

What we can say clearly

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

CMS-corroborated PE ownership record
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.
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Closure risk

At Risk of Closure

Control Map

This leads to this

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

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 InvestmentsAHS Management

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

reported ownership or operating chainAHS ManagementHILLCREST HOSPITAL HENRYETTA

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

owns an interest inARDENT HEALTH INCHILLCREST HOSPITAL HENRYETTA

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

governsKEVIN GROSSHILLCREST HOSPITAL HENRYETTA

CORPORATE OFFICER · associated 03/01/2014

is associated withKEVIN GROSSHILLCREST HOSPITAL HENRYETTA

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

governsBRIAN WALTONHILLCREST HOSPITAL HENRYETTA

CORPORATE OFFICER · 0% reported ownership · associated 01/01/2019

governsCAROLYN SCHNEIDERHILLCREST HOSPITAL HENRYETTA

CORPORATE OFFICER · 0% reported ownership · associated 08/01/2021

owns an interest inAHS OKLAHOMA, LLCHILLCREST HOSPITAL HENRYETTA

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

governsMARTIN BONICKHILLCREST HOSPITAL HENRYETTA

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

governsTERIKA MBANUHILLCREST HOSPITAL HENRYETTA

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

governsJAMES GRIMESHILLCREST HOSPITAL HENRYETTA

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

owns an interest inAHS HILLCREST HEALTHCARE SYSTEM LLCHILLCREST HOSPITAL HENRYETTA

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

governsMARY CRABTREEHILLCREST HOSPITAL HENRYETTA

CORPORATE OFFICER · 0% reported ownership · associated 08/20/2004

governsALFRED LUMSDAINEHILLCREST HOSPITAL HENRYETTA

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

controls or managesAHS MANAGEMENT COMPANY INC.HILLCREST HOSPITAL HENRYETTA

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

governsSTEPHEN PETROVICHHILLCREST HOSPITAL HENRYETTA

CORPORATE OFFICER · associated 08/20/2004

owns an interest inARDENT LEGACY HOLDINGS LLCHILLCREST HOSPITAL HENRYETTA

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

  • 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$17,767,335Hospital 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$15,753,972Hospital 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$16,525,908Hospital 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$19,676,642Hospital 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$19,347,482Hospital 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$18,860,317Hospital 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-$1,260,128Hospital 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-$1,935,234Hospital 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-$1,832,870Hospital 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$3,867,593Hospital 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$4,124,157Hospital 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$4,184,970Hospital 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$19,840,331Hospital 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$17,748,820Hospital 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$15,874,401Hospital 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$542,430Hospital 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$168,599Hospital 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$292,530Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2022 to 11/30/202380.33 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2021 to 11/30/202297.76 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/01/2020 to 11/30/202196.99 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2022 to 11/30/202315 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2021 to 11/30/202215 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/01/2020 to 11/30/202115 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2022 to 11/30/20231,474 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2021 to 11/30/20221,520 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/01/2020 to 11/30/20213,437 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2022 to 11/30/2023485 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2021 to 11/30/2022485 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/01/2020 to 11/30/2021665 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
Unavailable

Official facility URL

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 estimateAt Risk of Closure
Website identity linkExact CMS match
2-year patient-service margin-$1,473,520
2-year total margin-$2,013,680
Estimated reserve runway2.1 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