PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

UT HEALTH EAST TEXAS ATHENS HOSPITAL

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

What we can say clearly

UT HEALTH EAST TEXAS ATHENS 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 ATHENS HOSPITAL is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for ATHENS 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 ATHENS HOSPITAL
owns an interest in
ARDENT HEALTH INCUT HEALTH EAST TEXAS ATHENS 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 InvestmentsAHS Management

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

reported ownership or operating chainAHS ManagementUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

owns an interest inARDENT HEALTH INCUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

owns an interest inAHS TEXAS, LLCUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

governsMARTIN BONICKUT HEALTH EAST TEXAS ATHENS HOSPITAL

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2020

governsMARY CRABTREEUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

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

OPERATIONAL/MANAGERIAL CONTROL · associated 03/01/2018

governsSTEPHEN PETROVICHUT HEALTH EAST TEXAS ATHENS HOSPITAL

CORPORATE OFFICER · associated 03/01/2018

owns an interest inARDENT LEGACY HOLDINGS LLCUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

owns an interest inAHS EAST TEXAS HEALTH SYSTEM, LLCUT HEALTH EAST TEXAS ATHENS HOSPITAL

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

governsDONALD BAKERUT HEALTH EAST TEXAS ATHENS HOSPITAL

CORPORATE OFFICER · 100% reported ownership · associated 12/01/2019

is associated withDONALD BAKERUT HEALTH EAST TEXAS ATHENS HOSPITAL

W-2 MANAGING EMPLOYEE · associated 01/01/2021

owns an interest inAHP HEALTH PARTNERS, INCUT HEALTH EAST TEXAS ATHENS 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 revenue05/01/2023 to 04/30/2024$127,890,354Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2022 to 04/30/2023$119,345,532Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue05/01/2021 to 04/30/2022$107,612,964Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2023 to 04/30/2024$102,060,773Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2022 to 04/30/2023$98,832,063Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense05/01/2021 to 04/30/2022$99,952,582Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2023 to 04/30/2024$26,039,140Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2022 to 04/30/2023$21,061,222Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income05/01/2021 to 04/30/2022$21,783,688Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2023 to 04/30/2024$24,499,569Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2022 to 04/30/2023$26,804,121Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets05/01/2021 to 04/30/2022$44,785,003Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2023 to 04/30/2024-$83,180,353Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2022 to 04/30/2023-$54,836,658Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities05/01/2021 to 04/30/2022-$15,794,553Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2023 to 04/30/2024$3,339,115Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2022 to 04/30/2023$6,564,285Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care05/01/2021 to 04/30/2022$4,814,169Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2023 to 04/30/2024411.12 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2022 to 04/30/2023418.37 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees05/01/2021 to 04/30/2022490.72 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2023 to 04/30/2024127 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2022 to 04/30/2023127 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds05/01/2021 to 04/30/2022127 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2023 to 04/30/202416,957 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2022 to 04/30/202318,044 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days05/01/2021 to 04/30/202222,420 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2023 to 04/30/20244,536 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2022 to 04/30/20234,679 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges05/01/2021 to 04/30/20226,180 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
Direct connection

Reported parent system or portfolio company: Ardent Health Services.

Direct connection

Reported investment sponsor: Equity Group Investments.

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Sources

Evidence and source documents