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Reviewed 2026-06-22

PALESTINE REGIONAL MEDICAL CENTER

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

What we can say clearly

PALESTINE REGIONAL MEDICAL CENTER 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

PALESTINE REGIONAL MEDICAL CENTER is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for PALESTINE PRINCIPAL HEALTHCARE LIMITED PARTNERSHIP. 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
Apollo Global ManagementScionHealth
reported ownership or operating chain
ScionHealthPALESTINE REGIONAL MEDICAL CENTER
controls or manages
KINDRED HEALTHCARE OPERATING LLCPALESTINE REGIONAL 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
sponsorsApollo Global Management → ScionHealth

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

reported ownership or operating chainScionHealth → PALESTINE REGIONAL MEDICAL CENTER

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

controls or managesKINDRED HEALTHCARE OPERATING LLC → PALESTINE REGIONAL MEDICAL CENTER

OPERATIONAL/MANAGERIAL CONTROL · associated 12/23/2021

is associated withPALESTINE-PRINCIPAL G P INC → PALESTINE REGIONAL MEDICAL CENTER

GENERAL PARTNERSHIP INTEREST · associated 08/16/2005

is associated withJACQUELYN DAVIS → PALESTINE REGIONAL MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · associated 12/16/2023

governsSCOTT GRAESER → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 08/19/2022

governsDANA ROCK → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

governsJOHNETTA TRAYLOR → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 12/09/2024

governsRUSSELL PIGG → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 03/17/2025

owns an interest inKNIGHT HEALTH HOLDINGS LLC → PALESTINE REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

is associated withBERNARD POGUE → PALESTINE REGIONAL MEDICAL CENTER

CONTRACTED MANAGING EMPLOYEE · associated 11/23/2023

governsMICHAEL BEAN → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · associated 01/21/2022

owns an interest inKNIGHT HEALTHCARE NEW-B, LLC → PALESTINE REGIONAL MEDICAL CENTER

5% OR GREATER DIRECT OWNERSHIP INTEREST · associated 12/23/2021

owns an interest inKNIGHT HEALTH II, LLC → PALESTINE REGIONAL MEDICAL CENTER

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/23/2021

governsALAN WENK → PALESTINE REGIONAL MEDICAL CENTER

CORPORATE OFFICER · 0% reported ownership · associated 03/17/2025

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

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue01/01/2023 to 12/31/2023$90,585,284Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2022 to 12/31/2022$90,739,964Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2020 to 12/31/2020$74,426,475Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2023 to 12/31/2023$104,555,580Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2022 to 12/31/2022$88,234,398Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2021 to 12/31/2021$82,401,478Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2023 to 12/31/2023-$13,089,206Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2022 to 12/31/2022$2,884,173Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2021 to 12/31/2021-$82,401,478Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2023 to 12/31/2023$58,487,366Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2022 to 12/31/2022$45,838,712Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2020 to 12/31/2020$43,640,053Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2023 to 12/31/2023-$72,275,339Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2022 to 12/31/2022-$87,343,087Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2020 to 12/31/2020-$43,889,046Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2023 to 12/31/2023$429,598Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2022 to 12/31/2022$3,325,465Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2021 to 12/31/2021$4,338,361Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023463 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022955.95 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021427.56 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/2023148 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/2022148 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/2021148 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202322,134 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/202222,161 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/202123,081 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20232,469 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/20222,704 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/20213,153 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

CMS corroborates an enrolled ownership chain, but its owner names do not independently reproduce every sponsor or portfolio-company name from the tracker.

Direct connection

Reported parent system or portfolio company: ScionHealth.

Direct connection

Reported investment sponsor: Apollo Global Management.

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