PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-10

KINDRED - CHICAGO - LAKESHORE

Ownership, control, relationships, and source records for KINDRED - CHICAGO - LAKESHORE.
Ownership receipt

What we can say clearly

KINDRED - CHICAGO - LAKESHORE closed or ceased hospital operations in 2025 after a documented private-equity acquisition. Former PE sponsor: Apollo Global Management; operating platform: ScionHealth / Kindred Hospitals. This sequence does not by itself prove that PE ownership caused the closure.

Finding
Closed / shut down in 2025
Last reviewed
2026-07-10
Evidence
6 cited sources
Baseline reviewClosed / shut down in 2025

KINDRED - CHICAGO - LAKESHORE closed or ceased hospital operations in 2025 after a documented private-equity acquisition. Former PE sponsor: Apollo Global Management; operating platform: ScionHealth / Kindred Hospitals. This sequence does not by itself prove that PE ownership caused the closure.

Closed / shut down in 2025
Last verified Jul 2026
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Hospital status

CLOSED / SHUT DOWNClosed / shut down in 2025KINDRED - CHICAGO - LAKESHORE closed or ceased hospital operations in 2025 after a documented private-equity acquisition. Former PE sponsor: Apollo Global Management; operating platform: ScionHealth / Kindred Hospitals. This sequence does not by itself prove that PE ownership caused the closure.Source: PESP Private Equity Hospital Tracker and linked transaction sources

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Control Map

This leads to this

formerly operated closed facility
ScionHealth / Kindred HospitalsKINDRED - CHICAGO - LAKESHORE
current property or sale context
ScionHealthKINDRED - CHICAGO - LAKESHORE
historical system affiliation
ScionHealthKINDRED - CHICAGO - LAKESHORE

Evidence limits

Baseline record, research incompleteExisting map record plus closure-source update4 ownership sources checked6 total sources below
Direct PE ownershipNo current PE ownership claim; historical accountability context only.
PE relationshipFormer PE context / closed
OperatorNo active hospital operator
Population servedClosed-campus marker; access impact requires separate local analysis.

KINDRED - CHICAGO - LAKESHORE should display as a red closed / historical marker, not as an active hospital.

Review Note

Why this page is published

source-backed closure overlay

Publish as closed/historical with source-backed closure metadata and explicit current-operator limitations.

Ownership & Control

Detailed records, kept below the answer

Closed-campus, former-operator, historical PE, and facility nodes are shown as separate evidence layers.

See the full ownership chain
formerly operated closed facilityScionHealth / Kindred HospitalsKINDRED - CHICAGO - LAKESHORE

Historical operator context only; this closed-campus marker is not a current hospital-operator claim.

current property or sale contextScionHealthKINDRED - CHICAGO - LAKESHORE

Property or sale context only; this does not mean hospital services have reopened.

historical system affiliationScionHealthKINDRED - CHICAGO - LAKESHORE

Historical system-family context retained for accountability and map search.

historical sponsor of former operatorApollo Global ManagementScionHealth / Kindred Hospitals

Former private-equity context only; the closed marker should not display as current PE ownership, and acquisition before closure does not by itself prove causation.

  • Closed-campus markers are not active hospital-operation claims.
  • Former PE/operator context is retained for accountability and is not treated as current ownership.

Timeline

Ownership history and events

  1. Closed / shut down in 2025

    KINDRED - CHICAGO - LAKESHORE closed or ceased hospital operations in 2025 after a documented private-equity acquisition. Former PE sponsor: Apollo Global Management; operating platform: ScionHealth / Kindred Hospitals. This sequence does not by itself prove that PE ownership caused the closure.

  2. formerly operated closed facility

    Historical operator context only; this closed-campus marker is not a current hospital-operator claim.

  3. current property or sale context

    Property or sale context only; this does not mean hospital services have reopened.

  4. historical system affiliation

    Historical system-family context retained for accountability and map search.

  5. historical sponsor of former operator

    Former private-equity context only; the closed marker should not display as current PE ownership, and acquisition before closure does not by itself prove causation.

  6. owns

    The tracker reports a PE ownership relationship, but a matching current CMS enrolled-owner record was not found in this review.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue09/01/2023 to 08/31/2024$18,827,284Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue09/01/2022 to 08/31/2023$24,282,920Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue09/01/2021 to 08/31/2022$25,849,343Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2023 to 08/31/2024$28,018,254Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2022 to 08/31/2023$28,311,157Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense09/01/2021 to 08/31/2022$29,491,286Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2023 to 08/31/2024-$2,745,776Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2022 to 08/31/2023$889,001Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income09/01/2021 to 08/31/2022-$398,848Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2023 to 08/31/2024$9,437,372Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2022 to 08/31/2023$12,413,009Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets09/01/2021 to 08/31/2022$14,608,386Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2023 to 08/31/2024$15,701,960Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2022 to 08/31/2023$15,931,819Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities09/01/2021 to 08/31/2022$19,016,191Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2021 to 08/31/2022$4,034,582Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care12/17/2020 to 08/31/2021$2,291,836Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2020 to 12/16/2020$990,958Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2023 to 08/31/202499.2 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2022 to 08/31/2023113 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2021 to 08/31/2022117.3 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2023 to 08/31/202472 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2022 to 08/31/202372 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2021 to 08/31/202272 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2023 to 08/31/20249,744 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2022 to 08/31/202311,329 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2021 to 08/31/202211,733 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2023 to 08/31/2024291 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2022 to 08/31/2023380 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2021 to 08/31/2022448 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
ContradictionCurrent ownership corroboration

The April 3, 2026 tracker snapshot classifies the facility as currently PE-owned.

No matching current CMS enrollment and Hospital All Owners chain was found in the Phase 3 automated review.

Resolution: Open; record displayed as evidence under review.
Limitation

This is a closure overlay dossier. Current property ownership and any future reuse require fresh source review before changing the marker.

Limitation

No matching current CMS hospital enrollment was found by CCN or a unique facility-name, city, and state match.

Unavailable

Current hospital operator

Unavailable

Current hospital CEO

Unavailable

Current inpatient or emergency service status beyond closure source

Unavailable

NPI

Unavailable

Official facility URL

Unavailable

Current CMS overall rating

Action / event

Open closure source: https://hfsrb.illinois.gov/announcements/24-037-kindred-chicago-lakeshore.html

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Sources

Evidence and source documents