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Reviewed 2026-06-22

PALOMAR REHABILITATION INSTITUTE

Ownership, control, relationships, and source records for PALOMAR REHABILITATION INSTITUTE.
Ownership receipt

What we can say clearly

PALOMAR REHABILITATION INSTITUTE 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
5 cited sources
Documented warningOwned or controlled by private equity

PALOMAR REHABILITATION INSTITUTE is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for PALOMAR HEALTH REHABILITATION INSTITUTE, 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
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 ManagementDSB ACQUISITION LLC
reported ownership or operating chain
DSB ACQUISITION LLCPALOMAR REHABILITATION INSTITUTE
governs
SHARON SMELTZERPALOMAR REHABILITATION INSTITUTE

Evidence limits

Red color requiredCCN exact match2 ownership sources checked5 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 → DSB ACQUISITION LLC

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

reported ownership or operating chainDSB ACQUISITION LLC → PALOMAR REHABILITATION INSTITUTE

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

governsSHARON SMELTZER → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

owns an interest inPALOMAR HEALTH → PALOMAR REHABILITATION INSTITUTE

5% OR GREATER DIRECT OWNERSHIP INTEREST · 49% reported ownership · associated 04/27/2021

owns an interest inLIFEPOINT REHAB BLOCKER LLC → PALOMAR REHABILITATION INSTITUTE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 12/31/2022

controls or managesCHC MANAGEMENT SERVICES LLC → PALOMAR REHABILITATION INSTITUTE

OPERATIONAL/MANAGERIAL CONTROL · associated 04/27/2021

owns an interest inDSB ACQUISITION LLC → PALOMAR REHABILITATION INSTITUTE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 12/23/2021

owns an interest inLPNT DEVELOPMENT 56, LLC → PALOMAR REHABILITATION INSTITUTE

5% OR GREATER DIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 04/27/2021

owns an interest inLIFEPOINT HEALTH INC → PALOMAR REHABILITATION INSTITUTE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 51% reported ownership · associated 12/23/2021

governsVIRGINIA BARRAGAN → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

is associated withMARCUS POPPELL → PALOMAR REHABILITATION INSTITUTE

OTHER · associated 12/23/2021

governsCLEVE HARALSON → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

governsMICHAEL BOGERT → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

governsJENNIFER WHITNEY → PALOMAR REHABILITATION INSTITUTE

CORPORATE OFFICER · associated 12/20/2021

controls or managesJENNIFER WHITNEY → PALOMAR REHABILITATION INSTITUTE

OPERATIONAL/MANAGERIAL CONTROL · associated 12/20/2021

governsRUSS BAILEY → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

governsSHEILA BROWN → PALOMAR REHABILITATION INSTITUTE

CORPORATE DIRECTOR · associated 04/27/2021

  • 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. owns

    The tracker identifies LifePoint Health 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$31,025,553Hospital 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$20,558,214Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue06/10/2021 to 12/31/2021$7,019,852Hospital 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$25,134,330Hospital 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$18,831,296Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense06/10/2021 to 12/31/2021$9,100,823Hospital 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$5,996,020Hospital 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$1,763,925Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income06/10/2021 to 12/31/2021-$2,067,346Hospital 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$58,897,737Hospital 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$59,442,419Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets06/10/2021 to 12/31/2021$59,182,530Hospital 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$40,376,286Hospital 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$40,700,387Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities06/10/2021 to 12/31/2021$40,153,796Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/202398.4 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/202288 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees06/10/2021 to 12/31/202168.7 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202352 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202252 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds06/10/2021 to 12/31/202152 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202311,540 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/20228,342 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days06/10/2021 to 12/31/20212,786 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/2023994 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/2022707 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges06/10/2021 to 12/31/2021273 dischargesHospital 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$2,408,386Hospital 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$295,924Hospital 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

Precise acquisition date

Unavailable

Official facility URL

Unavailable

Current CMS overall rating

Direct connection

Reported parent system or portfolio company: LifePoint Health.

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 Services