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Reviewed 2026-06-22

HILLCREST HOSPITAL SOUTH

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

What we can say clearly

HILLCREST HOSPITAL SOUTH 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 SOUTH is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for AHS SOUTHCREST 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

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Control Map

This leads to this

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

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 SOUTH

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 SOUTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/01/2015

governsKEVIN GROSS → HILLCREST HOSPITAL SOUTH

CORPORATE OFFICER · 100% reported ownership · associated 09/01/2021

is associated withKEVIN GROSS → HILLCREST HOSPITAL SOUTH

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

governsBRIAN WALTON → HILLCREST HOSPITAL SOUTH

CORPORATE DIRECTOR · associated 08/01/2015

governsCAROLYN SCHNEIDER → HILLCREST HOSPITAL SOUTH

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

owns an interest inAHS OKLAHOMA, LLC → HILLCREST HOSPITAL SOUTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/01/2015

governsMARTIN BONICK → HILLCREST HOSPITAL SOUTH

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

governsTERIKA MBANU → HILLCREST HOSPITAL SOUTH

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

governsJAMES GRIMES → HILLCREST HOSPITAL SOUTH

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

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

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 08/01/2015

governsMARY CRABTREE → HILLCREST HOSPITAL SOUTH

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

governsMARY CRABTREE → HILLCREST HOSPITAL SOUTH

CORPORATE DIRECTOR · associated 09/01/2011

governsALFRED LUMSDAINE → HILLCREST HOSPITAL SOUTH

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

controls or managesAHS MANAGEMENT COMPANY INC. → HILLCREST HOSPITAL SOUTH

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

governsSTEPHEN PETROVICH → HILLCREST HOSPITAL SOUTH

CORPORATE DIRECTOR · associated 09/01/2011

  • 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 revenue01/01/2023 to 12/31/2023$232,613,230Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2022 to 12/31/2022$218,898,874Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2021 to 12/31/2021$203,144,869Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2023 to 12/31/2023$220,250,481Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2022 to 12/31/2022$208,204,351Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2021 to 12/31/2021$185,713,460Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2023 to 12/31/2023$20,416,840Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2022 to 12/31/2022$18,364,989Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2021 to 12/31/2021$24,751,151Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2023 to 12/31/2023$55,734,169Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2022 to 12/31/2022$48,100,357Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2021 to 12/31/2021$43,277,515Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2023 to 12/31/2023-$103,728,830Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2022 to 12/31/2022-$91,769,849Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2021 to 12/31/2021-$78,227,710Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2023 to 12/31/2023$281,721Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2022 to 12/31/2022$9,190,190Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2021 to 12/31/2021$6,274,834Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023801 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022798.4 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021816.55 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/2023180 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/2022152 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/2021150 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202346,291 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/202246,077 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/202143,893 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20239,076 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/20229,388 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/20218,865 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
Direct connection

Reported parent system or portfolio company: Ardent Health Services.

Direct connection

Reported investment sponsor: Equity Group Investments.

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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