PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

PENN STATE HEALTH LANCASTER MEDICAL CENTER

Ownership, control, relationships, and source records for PENN STATE HEALTH LANCASTER MEDICAL CENTER.
Ownership receipt

What we can say clearly

PENN STATE HEALTH LANCASTER MEDICAL CENTER appears in the source tracker as a venture-backed investment signal. This dossier does not classify that signal as completed private-equity ownership.

Finding
Documented investment signal
Last reviewed
2026-06-22
Evidence
6 cited sources
Documented warningPossible ownership change under review

PENN STATE HEALTH LANCASTER MEDICAL CENTER appears in the source tracker as a venture-backed investment signal. This dossier does not classify that signal as completed private-equity ownership.

Documented investment signal
Last verified Jun 2026
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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

reported ownership or operating chain
PENN STATE HEALTHPENN STATE HEALTH LANCASTER MEDICAL CENTER
governs
JUDY HLAFCSAKPENN STATE HEALTH LANCASTER MEDICAL CENTER
governs
JOSEPH FRANKPENN STATE HEALTH LANCASTER MEDICAL CENTER

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
reported ownership or operating chainPENN STATE HEALTHPENN STATE HEALTH LANCASTER MEDICAL CENTER

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

governsJUDY HLAFCSAKPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2021

governsJOSEPH FRANKPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2021

governsALLISON BARRETTPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2024

governsKENNETH WOODPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 06/04/2023

governsBEN LAZARUSPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2023

governsELIZABETH MARTINPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2024

owns an interest inHIGHMARK HEALTHPENN STATE HEALTH LANCASTER MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 20% reported ownership · associated 06/18/2020

governsLLOYD CLARKPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2023

governsDARON KAHNPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 07/01/2024

owns an interest inTHE PENNSYLVANIA STATE UNIVERSITYPENN STATE HEALTH LANCASTER MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 80% reported ownership · associated 06/18/2020

owns an interest inPENN STATE HEALTHPENN STATE HEALTH LANCASTER MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 06/18/2020

governsROSS DARROWPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 07/01/2021

governsANN ALLWEINPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 10/01/2024

governsNICOLE LEHMANPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 07/01/2021

governsZACHARY BULLOCKPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE DIRECTOR · 0% reported ownership · associated 02/13/2025

governsRANDY MORRISPENN STATE HEALTH LANCASTER MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 07/01/2024

  • CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.

Timeline

Ownership history and events

  1. venture backing

    undefined is reported as an investment backer; this is not treated as a completed ownership claim.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue07/01/2023 to 06/30/2024$161,173,126Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue12/06/2022 to 06/30/2023$64,356,763Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2023 to 06/30/2024$205,549,272Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense12/06/2022 to 06/30/2023$105,533,965Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2023 to 06/30/2024-$42,029,825Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income12/06/2022 to 06/30/2023-$40,603,387Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2023 to 06/30/2024-$92,720,715Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets12/06/2022 to 06/30/2023-$56,922,507Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2023 to 06/30/2024$20,948,924Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities12/06/2022 to 06/30/2023$14,717,311Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2023 to 06/30/2024$5,038,248Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care12/06/2022 to 06/30/2023$2,225,104Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 06/30/2024566 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees12/06/2022 to 06/30/2023293.26 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 06/30/2024100 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds12/06/2022 to 06/30/2023100 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 06/30/202422,453 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days12/06/2022 to 06/30/20239,558 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 06/30/20245,356 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges12/06/2022 to 06/30/20232,100 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 investment signal does not establish completed private-equity ownership or a pending sale.

Unavailable

Precise acquisition date

Unavailable

Official facility URL

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Sources

Evidence and source documents