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Reviewed 2026-06-22

CAROLINA PINES REGIONAL MEDICAL CENTER

Ownership, control, relationships, and source records for CAROLINA PINES REGIONAL MEDICAL CENTER.
Ownership receipt

What we can say clearly

CAROLINA PINES REGIONAL MEDICAL CENTER 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

CAROLINA PINES REGIONAL MEDICAL CENTER is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for HARTSVILLE 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
Apollo Global ManagementScionHealth
reported ownership or operating chain
ScionHealthCAROLINA PINES REGIONAL MEDICAL CENTER
owns an interest in
CAROLINA PINES HOLDINGS LLCCAROLINA PINES REGIONAL 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
sponsorsApollo Global Management → ScionHealth

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

reported ownership or operating chainScionHealth → CAROLINA PINES REGIONAL MEDICAL CENTER

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

owns an interest inCAROLINA PINES HOLDINGS LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · 98.7% reported ownership · associated 12/31/2014

controls or managesKINDRED HEALTHCARE OPERATING LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · 100% reported ownership · associated 12/23/2021

governsBRIAN CRAVEN → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 04/12/2022

governsSCOTT GRAESER → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2022

is associated withWILLIAM LITTLE → CAROLINA PINES REGIONAL MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · 0% reported ownership · associated 11/16/2018

governsDANA ROCK → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

governsJOHNETTA TRAYLOR → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

owns an interest inKNIGHT HEALTH HOLDINGS LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 98.7% reported ownership · associated 12/23/2021

governsMICHAEL BEAN → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · associated 01/21/2022

owns an interest inKNIGHT INTERMEDIATE HOLDINGS LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 98.7% reported ownership · associated 12/23/2021

governsRICHARD ALGOOD → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · associated 01/21/2022

owns an interest inKNIGHT HEALTHCARE NEW-B, LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 98.7% reported ownership · associated 12/23/2021

owns an interest inKNIGHT HEALTH II, LLC → CAROLINA PINES REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 98.7% reported ownership · associated 12/23/2021

governsKATHY TEAGUE → CAROLINA PINES REGIONAL MEDICAL CENTER

CORPORATE OFFICER · associated 01/21/2022

  • 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 ScionHealth in the PE ownership chain, and CMS supplies current enrolled-owner records for the facility.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue10/01/2022 to 09/30/2023$97,084,731Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2021 to 09/30/2022$98,031,296Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2020 to 09/30/2021$111,749,746Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2022 to 09/30/2023$127,215,399Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2021 to 09/30/2022$103,993,367Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2020 to 09/30/2021$106,134,966Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2022 to 09/30/2023-$28,459,118Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2021 to 09/30/2022-$4,719,036Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2020 to 09/30/2021$7,810,268Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2022 to 09/30/2023$70,930,732Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2021 to 09/30/2022$68,879,963Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2020 to 09/30/2021$39,386,217Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2022 to 09/30/2023-$9,162,239Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2021 to 09/30/2022$57,401,043Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2020 to 09/30/2021$21,933,777Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2022 to 09/30/2023$69,047Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2021 to 09/30/2022$2,038,773Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2020 to 09/30/2021$600,162Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2022 to 09/30/2023122.25 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2021 to 09/30/2022487.06 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2020 to 09/30/2021511.8 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2022 to 09/30/2023112 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2021 to 09/30/2022112 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2020 to 09/30/2021116 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2022 to 09/30/202311,447 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2021 to 09/30/202213,494 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2020 to 09/30/202116,566 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2022 to 09/30/20233,075 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2021 to 09/30/20223,350 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2020 to 09/30/20214,592 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.

Direct connection

Reported parent system or portfolio company: ScionHealth.

Direct connection

Reported investment sponsor: Apollo Global Management.

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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