Reviewed 2026-06-22

HENDRICK MEDICAL CENTER SOUTH

Ownership, control, relationships, and source records for HENDRICK MEDICAL CENTER SOUTH.

Ownership receipt

What we can say clearly

CONTINUECARE HOSPITAL AT HENDRICK 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

CONTINUECARE HOSPITAL AT HENDRICK 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

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Control Map

This leads to this

reported ownership or operating chain

Hendrick Medical CenterHENDRICK MEDICAL CENTER SOUTH

governs

PAUL WALDROPHENDRICK MEDICAL CENTER SOUTH

governs

RICHARD FLORESHENDRICK MEDICAL CENTER SOUTH

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 chainHendrick Medical Center → HENDRICK MEDICAL CENTER SOUTH

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

governsPAUL WALDROP → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2016

governsRICHARD FLORES → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2022

governsJEREMY WALKER → HENDRICK MEDICAL CENTER SOUTH

CORPORATE OFFICER · associated 09/23/2013

is associated withJEREMY WALKER → HENDRICK MEDICAL CENTER SOUTH

W-2 MANAGING EMPLOYEE · associated 09/23/2013

governsLEIGH BLACK → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2021

governsBRADLEE HOLLAND → HENDRICK MEDICAL CENTER SOUTH

CORPORATE OFFICER · associated 01/01/2019

is associated withBRADLEE HOLLAND → HENDRICK MEDICAL CENTER SOUTH

W-2 MANAGING EMPLOYEE · associated 01/01/2019

governsLARRY SMITH → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2012

governsEVAN HARRIS → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2022

governsMATTHEW HIGGINS → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2022

governsDAVID GROOMS → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2024

governsLANNY VINSON → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2012

governsRICHARD WALDRAFF → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2021

governsMICHAEL WOODARD → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2011

governsMARK NIX → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2019

governsCATHY ASHBY → HENDRICK MEDICAL CENTER SOUTH

CORPORATE DIRECTOR · associated 01/01/2009

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	09/01/2023 to 08/31/2024	$784,971,237	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	09/01/2022 to 08/31/2023	$709,862,865	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue	09/01/2021 to 08/31/2022	$663,047,650	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2023 to 08/31/2024	$752,211,425	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2022 to 08/31/2023	$676,044,602	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense	09/01/2021 to 08/31/2022	$651,978,017	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2023 to 08/31/2024	$262,955,244	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2022 to 08/31/2023	$178,993,351	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income	09/01/2021 to 08/31/2022	$97,621,775	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2023 to 08/31/2024	$1,646,213,529	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2022 to 08/31/2023	$1,425,368,809	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets	09/01/2021 to 08/31/2022	$1,296,138,924	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2023 to 08/31/2024	$456,023,720	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2022 to 08/31/2023	$437,884,970	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities	09/01/2021 to 08/31/2022	$439,679,330	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2023 to 08/31/2024	$11,283,359	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2022 to 08/31/2023	$19,829,368	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care	09/01/2021 to 08/31/2022	$59,829,757	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2023 to 08/31/2024	2,466.79 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2022 to 08/31/2023	2,447.21 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees	09/01/2021 to 08/31/2022	2,188.66 FTE	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2023 to 08/31/2024	533 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2022 to 08/31/2023	599 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds	09/01/2021 to 08/31/2022	599 beds	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2023 to 08/31/2024	113,585 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2022 to 08/31/2023	104,913 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days	09/01/2021 to 08/31/2022	107,770 days	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2023 to 08/31/2024	24,728 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2022 to 08/31/2023	22,518 discharges	Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges	09/01/2021 to 08/31/2022	21,583 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.

Limitation

This campus/location dossier reuses the source packet for the same legacy hospital ID. Parent and sibling links still follow this location record’s separately qualified ownership fields; PE status was copied only after exact PE-field agreement.

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