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Reviewed 2026-06-22

UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

Ownership, control, relationships, and source records for UT HEALTH EAST TEXAS CARTHAGE HOSPITAL.
Ownership receipt

What we can say clearly

UT HEALTH EAST TEXAS CARTHAGE HOSPITAL 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

UT HEALTH EAST TEXAS CARTHAGE HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for CARTHAGE HOSPITAL, 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
See real prices near this facility →
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

sponsors
Equity Group InvestmentsAHS Management
reported ownership or operating chain
AHS ManagementUT HEALTH EAST TEXAS CARTHAGE HOSPITAL
owns an interest in
ARDENT HEALTH INCUT HEALTH EAST TEXAS CARTHAGE HOSPITAL

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
sponsorsEquity Group Investments → AHS Management

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

reported ownership or operating chainAHS Management → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

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

owns an interest inARDENT HEALTH INC → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2018

owns an interest inAHS TEXAS, LLC → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

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

governsMARTIN BONICK → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 09/19/2020

governsJAMES GRIMES → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 09/01/2021

governsMARY CRABTREE → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 03/01/2018

controls or managesAHS MANAGEMENT COMPANY INC. → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

OPERATIONAL/MANAGERIAL CONTROL · 0% reported ownership · associated 03/01/2018

governsSTEPHEN PETROVICH → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 03/01/2018

owns an interest inARDENT LEGACY HOLDINGS LLC → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2018

owns an interest inAHS EAST TEXAS HEALTH SYSTEM, LLC → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2018

governsDONALD BAKER → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

CORPORATE OFFICER · 100% reported ownership · associated 11/01/2020

is associated withDONALD BAKER → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 11/01/2020

owns an interest inAHP HEALTH PARTNERS, INC → UT HEALTH EAST TEXAS CARTHAGE HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 03/01/2018

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

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue08/01/2023 to 07/31/2024$21,663,443Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue08/01/2022 to 07/31/2023$20,726,020Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue08/01/2021 to 07/31/2022$24,392,092Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense08/01/2023 to 07/31/2024$23,636,993Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense08/01/2022 to 07/31/2023$21,385,590Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense08/01/2021 to 07/31/2022$22,256,671Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income08/01/2023 to 07/31/2024-$247,381Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income08/01/2022 to 07/31/2023$1,259,586Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income08/01/2021 to 07/31/2022$4,610,704Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets08/01/2023 to 07/31/2024$969,469Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets08/01/2022 to 07/31/2023$1,707,254Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets08/01/2021 to 07/31/2022$4,801,299Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities08/01/2023 to 07/31/2024-$10,337,615Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities08/01/2022 to 07/31/2023-$9,847,210Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities08/01/2021 to 07/31/2022-$5,493,579Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care08/01/2023 to 07/31/2024$141,272Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care08/01/2022 to 07/31/2023$197,650Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care08/01/2021 to 07/31/2022$238,704Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees08/01/2023 to 07/31/202469.3 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees08/01/2022 to 07/31/202370.42 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees08/01/2021 to 07/31/202286.56 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds08/01/2023 to 07/31/202442 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds08/01/2022 to 07/31/202342 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds08/01/2021 to 07/31/202242 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days08/01/2023 to 07/31/20241,274 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days08/01/2022 to 07/31/20231,211 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days08/01/2021 to 07/31/20222,156 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges08/01/2023 to 07/31/2024390 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges08/01/2022 to 07/31/2023396 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges08/01/2021 to 07/31/2022608 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
Unavailable

Official facility URL

Direct connection

Reported parent system or portfolio company: Ardent Health Services.

Direct connection

Reported investment sponsor: Equity Group Investments.

Download

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