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Reviewed 2026-06-22

KINDRED HOSPITAL INDIANAPOLIS

Ownership, control, relationships, and source records for KINDRED HOSPITAL INDIANAPOLIS.
Ownership receipt

What we can say clearly

KINDRED HOSPITAL INDIANAPOLIS 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

KINDRED HOSPITAL INDIANAPOLIS is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for KINDRED HOSPITALS 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 ManagementKentucky Hospital Holdings JV LP
reported ownership or operating chain
Kentucky Hospital Holdings JV LPKINDRED HOSPITAL INDIANAPOLIS
owns an interest in
KINDRED HEALTHCARE OPERATING LLCKINDRED HOSPITAL INDIANAPOLIS

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 → Kentucky Hospital Holdings JV LP

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

reported ownership or operating chainKentucky Hospital Holdings JV LP → KINDRED HOSPITAL INDIANAPOLIS

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

owns an interest inKINDRED HEALTHCARE OPERATING LLC → KINDRED HOSPITAL INDIANAPOLIS

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/26/1998

owns an interest inKENTUCKY HOSPITAL INTERMEDIATE LLC → KINDRED HOSPITAL INDIANAPOLIS

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/02/2018

owns an interest inKINDRED HEALTHCARE LLC → KINDRED HOSPITAL INDIANAPOLIS

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 02/26/1998

is associated withJACQUELYN DAVIS → KINDRED HOSPITAL INDIANAPOLIS

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 09/01/2025

governsSCOTT GRAESER → KINDRED HOSPITAL INDIANAPOLIS

CORPORATE OFFICER · 0% reported ownership · associated 09/01/2025

governsDANA ROCK → KINDRED HOSPITAL INDIANAPOLIS

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

governsJOHNETTA TRAYLOR → KINDRED HOSPITAL INDIANAPOLIS

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

owns an interest inKENTUCKY HOSPITAL HOLDINGS LLC → KINDRED HOSPITAL INDIANAPOLIS

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 07/02/2018

governsMARK LAROCHE → KINDRED HOSPITAL INDIANAPOLIS

CORPORATE OFFICER · 0% reported ownership · associated 09/01/2025

is associated withKINDRED NURSING CENTERS LIMITED PARTNERSHIP → KINDRED HOSPITAL INDIANAPOLIS

GENERAL PARTNERSHIP INTEREST · 1% reported ownership · associated 06/23/2010

governsDEANNA SCHIAVONE → KINDRED HOSPITAL INDIANAPOLIS

CORPORATE OFFICER · 0% reported ownership · associated 09/01/2025

owns an interest inKNIGHT HEALTH HOLDINGS LLC → KINDRED HOSPITAL INDIANAPOLIS

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

governsMICHAEL BEAN → KINDRED HOSPITAL INDIANAPOLIS

CORPORATE OFFICER · 0% reported ownership · associated 12/14/2004

owns an interest inKNIGHT HEALTH LLC → KINDRED HOSPITAL INDIANAPOLIS

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

is associated withKINDRED HOSPITALS WEST LLC → KINDRED HOSPITAL INDIANAPOLIS

GENERAL PARTNERSHIP INTEREST · 1% reported ownership · associated 02/26/1998

  • 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 revenue09/01/2023 to 08/31/2024$15,948,048Hospital 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$14,012,962Hospital 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$17,437,534Hospital 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$17,469,289Hospital 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$17,588,985Hospital 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$18,423,370Hospital 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-$1,423,559Hospital 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-$3,490,493Hospital 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-$914,448Hospital 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$7,928,396Hospital 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$7,325,767Hospital 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$10,369,038Hospital 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$15,507,330Hospital 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$13,481,140Hospital 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$13,033,918Hospital 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$2,784,780Hospital 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 08/31/2021$2,190,824Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care09/01/2019 to 08/31/2020$1,252,477Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2023 to 08/31/202483 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2022 to 08/31/202377.4 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2021 to 08/31/202280.1 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2023 to 08/31/202459 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2022 to 08/31/202359 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2021 to 08/31/202259 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2023 to 08/31/20248,213 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2022 to 08/31/20236,674 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2021 to 08/31/20228,195 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2023 to 08/31/2024278 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2022 to 08/31/2023269 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2021 to 08/31/2022325 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.

Unavailable

Official facility URL

Unavailable

Current CMS overall rating

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 Services