Reviewed 2026-06-22
COVENANT MEDICAL CENTER
Ownership, control, relationships, and source records for COVENANT MEDICAL CENTER.What we can say clearly
COVENANT 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
COVENANT 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.
Last verified Jun 2026
Financial assistance help
Bill Reduction Available
Dollar For lists this facility for hospital bill assistance. Eligibility depends on the hospital policy and patient circumstances.Control Map
This leads to this
Evidence limits
Review Note
Why this page is published
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
The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.
CORPORATE OFFICER · associated 03/01/2023
CORPORATE DIRECTOR · associated 01/01/2023
CORPORATE DIRECTOR · associated 01/01/2023
CORPORATE DIRECTOR · associated 01/01/2023
OPERATIONAL/MANAGERIAL CONTROL · associated 08/01/2020
5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/01/2019
CORPORATE DIRECTOR · associated 01/01/2023
OTHER · 43% reported ownership · associated 01/01/2019
CORPORATE OFFICER · associated 10/22/2023
CORPORATE DIRECTOR · associated 01/01/2025
CORPORATE OFFICER · associated 10/26/2023
CORPORATE DIRECTOR · associated 10/26/2023
CORPORATE DIRECTOR · associated 01/01/2024
CORPORATE OFFICER · associated 09/01/2020
CORPORATE OFFICER · associated 01/02/2023
W-2 MANAGING EMPLOYEE · associated 01/26/2025
- CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.
Timeline
Ownership history and events
- venture backing
Covenanthealth 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 | 07/01/2023 to 06/30/2024 | $504,827,079 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| net patient revenue | 07/01/2022 to 06/30/2023 | $437,679,171 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| net patient revenue | 07/01/2021 to 06/30/2022 | $380,275,857 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| operating expense | 07/01/2023 to 06/30/2024 | $585,750,784 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| operating expense | 07/01/2022 to 06/30/2023 | $542,360,324 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| operating expense | 07/01/2021 to 06/30/2022 | $529,203,147 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| net income | 07/01/2023 to 06/30/2024 | -$39,241,874 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| net income | 07/01/2022 to 06/30/2023 | -$51,580,668 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| net income | 07/01/2021 to 06/30/2022 | -$100,339,858 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total assets | 07/01/2023 to 06/30/2024 | $610,506,787 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total assets | 07/01/2022 to 06/30/2023 | $864,078,010 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total assets | 07/01/2021 to 06/30/2022 | $469,661,546 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total liabilities | 07/01/2023 to 06/30/2024 | $342,631,162 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total liabilities | 07/01/2022 to 06/30/2023 | $573,971,383 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| total liabilities | 07/01/2021 to 06/30/2022 | $115,866,128 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| contract labor direct patient care | 07/01/2023 to 06/30/2024 | $7,314,750 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| contract labor direct patient care | 07/01/2022 to 06/30/2023 | $15,608,455 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| contract labor direct patient care | 07/01/2021 to 06/30/2022 | $13,233,290 | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| fte employees | 07/01/2023 to 06/30/2024 | 1,887.5 FTE | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| fte employees | 07/01/2022 to 06/30/2023 | 1,795.51 FTE | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| fte employees | 07/01/2021 to 06/30/2022 | 1,808 FTE | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| beds | 07/01/2023 to 06/30/2024 | 452 beds | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| beds | 07/01/2022 to 06/30/2023 | 360 beds | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| beds | 07/01/2021 to 06/30/2022 | 379 beds | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| patient days | 07/01/2023 to 06/30/2024 | 91,302 days | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| patient days | 07/01/2022 to 06/30/2023 | 84,975 days | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| patient days | 07/01/2021 to 06/30/2022 | 78,209 days | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| discharges | 07/01/2023 to 06/30/2024 | 15,895 discharges | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| discharges | 07/01/2022 to 06/30/2023 | 13,972 discharges | Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied. |
| discharges | 07/01/2021 to 06/30/2022 | 11,474 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
The investment signal does not establish completed private-equity ownership or a pending sale.
Precise acquisition date
Reported parent system or portfolio company: Covenanthealth.
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Sources