PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

COVENANT MEDICAL CENTER

Ownership, control, relationships, and source records for COVENANT MEDICAL CENTER.
Ownership receipt

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
Documented warningPossible ownership change under review

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.

Documented investment signal
Last verified Jun 2026
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Key sources

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Control Map

This leads to this

reported ownership or operating chain
ProvidenceCOVENANT MEDICAL CENTER
governs
KATHLEEN BURRELLCOVENANT MEDICAL CENTER
governs
KEINO MCWHINNEYCOVENANT 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 chainProvidenceCOVENANT MEDICAL CENTER

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

governsKATHLEEN BURRELLCOVENANT MEDICAL CENTER

CORPORATE OFFICER · associated 03/01/2023

governsKEINO MCWHINNEYCOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsCHETLEN CROSSNOECOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

governsJERRI MCCORDCOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

controls or managesPROVIDENCE HEALTH & SERVICES - WASHINGTONCOVENANT MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · associated 08/01/2020

owns an interest inCOVENANT HEALTH SYSTEMCOVENANT MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/01/2019

governsJESUS MENDOZACOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2023

is associated withLUBBOCK METHODIST HOSPITAL SYSTEMCOVENANT MEDICAL CENTER

OTHER · 43% reported ownership · associated 01/01/2019

governsJENNIFER BRYANCOVENANT MEDICAL CENTER

CORPORATE OFFICER · associated 10/22/2023

governsDAVID SHEPHARDCOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2025

governsAMY THOMPSONCOVENANT MEDICAL CENTER

CORPORATE OFFICER · associated 10/26/2023

governsAMY THOMPSONCOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 10/26/2023

governsANTHONY FOGERSONCOVENANT MEDICAL CENTER

CORPORATE DIRECTOR · associated 01/01/2024

governsDONALD ANDERSONCOVENANT MEDICAL CENTER

CORPORATE OFFICER · associated 09/01/2020

governsGREGORY HOFFMANCOVENANT MEDICAL CENTER

CORPORATE OFFICER · associated 01/02/2023

is associated withELY PEREACOVENANT MEDICAL CENTER

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

  1. venture backing

    Covenanthealth 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$504,827,079Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2022 to 06/30/2023$437,679,171Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue07/01/2021 to 06/30/2022$380,275,857Hospital 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$585,750,784Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2022 to 06/30/2023$542,360,324Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense07/01/2021 to 06/30/2022$529,203,147Hospital 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-$39,241,874Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2022 to 06/30/2023-$51,580,668Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income07/01/2021 to 06/30/2022-$100,339,858Hospital 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$610,506,787Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2022 to 06/30/2023$864,078,010Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets07/01/2021 to 06/30/2022$469,661,546Hospital 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$342,631,162Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2022 to 06/30/2023$573,971,383Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities07/01/2021 to 06/30/2022$115,866,128Hospital 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$7,314,750Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2022 to 06/30/2023$15,608,455Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care07/01/2021 to 06/30/2022$13,233,290Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2023 to 06/30/20241,887.5 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2022 to 06/30/20231,795.51 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees07/01/2021 to 06/30/20221,808 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2023 to 06/30/2024452 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2022 to 06/30/2023360 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds07/01/2021 to 06/30/2022379 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2023 to 06/30/202491,302 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2022 to 06/30/202384,975 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days07/01/2021 to 06/30/202278,209 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2023 to 06/30/202415,895 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2022 to 06/30/202313,972 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges07/01/2021 to 06/30/202211,474 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

The investment signal does not establish completed private-equity ownership or a pending sale.

Unavailable

Precise acquisition date

Direct connection

Reported parent system or portfolio company: Covenanthealth.

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Sources

Evidence and source documents