Reviewed 2026-06-22

SPARTANBURG MEDICAL CENTER

Ownership, control, relationships, and source records for SPARTANBURG MEDICAL CENTER.

Ownership receipt

What we can say clearly

SPARTANBURG 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

SPARTANBURG 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

CMS owners

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

SPARTANBURG MEDICAL CENTERSPARTANBURG MEDICAL CENTER

controls or manages

SPARTANBURG MEDICAL CENTERSPARTANBURG MEDICAL CENTER

is associated with

ELMER HOLSTIENSPARTANBURG 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 chainSPARTANBURG MEDICAL CENTER → SPARTANBURG MEDICAL CENTER

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

controls or managesSPARTANBURG MEDICAL CENTER → SPARTANBURG MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · associated 11/27/2007

is associated withELMER HOLSTIEN → SPARTANBURG MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · associated 12/03/2023

governsELMER HOLSTIEN → SPARTANBURG MEDICAL CENTER

CORPORATE OFFICER · associated 08/01/2011

owns an interest inSPARTANBURG REGIONAL HEALTH SERVICES DISTRICT INC → SPARTANBURG MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · associated 05/01/1995

is associated withCHARLES MORROW → SPARTANBURG MEDICAL CENTER

W-2 MANAGING EMPLOYEE · associated 12/04/2023

controls or managesCHARLES MORROW → SPARTANBURG MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · associated 12/04/2023

governsBRUCE DAVIS → SPARTANBURG MEDICAL CENTER

CORPORATE OFFICER · associated 01/25/2020

is associated withBRUCE DAVIS → SPARTANBURG MEDICAL CENTER

W-2 MANAGING EMPLOYEE · associated 01/25/2020

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

Timeline

Ownership history and events

Current / undated
venture backing
undefined is reported as an investment backer; this is not treated as a completed ownership claim.

Metrics

Financial and utilization series

Metric	Period	Value	Method note
net patient revenue	10/01/2022 to 09/30/2023	$1,219,502,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	10/01/2021 to 09/30/2022	$1,180,259,457	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	10/01/2020 to 09/30/2021	$1,117,148,745	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	10/01/2022 to 09/30/2023	$1,141,539,669	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	10/01/2021 to 09/30/2022	$1,094,765,457	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	10/01/2020 to 09/30/2021	$1,024,158,939	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	10/01/2022 to 09/30/2023	$147,406,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	10/01/2021 to 09/30/2022	$57,946,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	10/01/2020 to 09/30/2021	$140,222,806	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	10/01/2022 to 09/30/2023	$1,518,464,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	10/01/2021 to 09/30/2022	$1,399,966,146	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	10/01/2020 to 09/30/2021	$1,299,706,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	10/01/2022 to 09/30/2023	$690,272,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	10/01/2021 to 09/30/2022	$686,079,496	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	10/01/2020 to 09/30/2021	$629,389,000	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	10/01/2022 to 09/30/2023	$36,150,020	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	10/01/2021 to 09/30/2022	$46,249,427	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	10/01/2020 to 09/30/2021	$35,129,256	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	10/01/2022 to 09/30/2023	4,699.26 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	10/01/2021 to 09/30/2022	4,565.9 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	10/01/2020 to 09/30/2021	4,648.45 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	10/01/2022 to 09/30/2023	626 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	10/01/2021 to 09/30/2022	665 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	10/01/2020 to 09/30/2021	668 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	10/01/2022 to 09/30/2023	182,484 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	10/01/2021 to 09/30/2022	187,512 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	10/01/2020 to 09/30/2021	195,236 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	10/01/2022 to 09/30/2023	29,361 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	10/01/2021 to 09/30/2022	33,267 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	10/01/2020 to 09/30/2021	34,537 discharges	Hospital 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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Take the evidence with you

CSVEvidence CSV — every source with dates and URLsSpreadsheet-friendly source audit for this hospital JSONFull evidence file JSONComplete structured evidence file exactly as published

Sources

Evidence and source documents

governmentHospitals RAPTHomeland Infrastructure Foundation-Level Data researchPrivate Equity Hospital TrackerPrivate Equity Stakeholder Project governmentHospital EnrollmentsCenters for Medicare & Medicaid Services governmentHospital All OwnersCenters for Medicare & Medicaid Services governmentHospital Provider Cost ReportsCenters for Medicare & Medicaid Services governmentHospital General InformationCenters for Medicare & Medicaid Services