PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

CREEKSIDE BEHAVIORAL HEALTH

Ownership, control, relationships, and source records for CREEKSIDE BEHAVIORAL HEALTH.
Ownership receipt

What we can say clearly

CREEKSIDE BEHAVIORAL HEALTH 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

CREEKSIDE BEHAVIORAL HEALTH is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for SBH-KINGSPORT. The dossier distinguishes the enrolled legal owner from the broader sponsor and portfolio-company chain.

CMS-corroborated PE ownership record
Last verified Jun 2026
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Key sources

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Control Map

This leads to this

sponsors
Patient Square CapitalSBHC HOLDINGS LLC
reported ownership or operating chain
SBHC HOLDINGS LLCCREEKSIDE BEHAVIORAL HEALTH
governs
PAUL GILBERTCREEKSIDE BEHAVIORAL HEALTH

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
sponsorsPatient Square CapitalSBHC HOLDINGS LLC

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

reported ownership or operating chainSBHC HOLDINGS LLCCREEKSIDE BEHAVIORAL HEALTH

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

governsPAUL GILBERTCREEKSIDE BEHAVIORAL HEALTH

CORPORATE OFFICER · associated 04/10/2023

controls or managesPAUL GILBERTCREEKSIDE BEHAVIORAL HEALTH

OPERATIONAL/MANAGERIAL CONTROL · associated 04/10/2023

owns an interest inSUMMIT BEHAVIORAL HOLDINGS I LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inSUMMIT BEHAVIORAL HOLDINGS LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inSUMMIT BEHAVIORAL HEALTHCARE LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inSPERRY HOLDCO LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/03/2025

owns an interest inSBHC HOLDINGS LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 12/31/2021

owns an interest inPSC SPERRY BUYER LLCCREEKSIDE BEHAVIORAL HEALTH

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 95.76% reported ownership · associated 12/31/2021

  • 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. Acquisition date reported

    Date supplied by the April 3, 2026 PE hospital tracker snapshot.

  2. owns

    The tracker identifies Summit Behavioral Healthcare 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$18,912,727Hospital 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$16,835,829Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2021 to 12/31/2021$14,722,415Hospital 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$18,312,615Hospital 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$15,551,429Hospital 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$15,580,241Hospital 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$1,447,817Hospital 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$2,666,467Hospital 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-$413,967Hospital 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$17,101,196Hospital 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$9,544,223Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2021 to 12/31/2021$16,547,250Hospital 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$14,381,029Hospital 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$6,877,756Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2021 to 12/31/2021$1,151,326Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023147.31 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022103.25 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2021 to 12/31/2021134.59 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/202372 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/202272 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2021 to 12/31/202172 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202322,877 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/202221,693 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2021 to 12/31/202119,141 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20232,633 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/20222,619 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2021 to 12/31/20212,536 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
Unavailable

Official facility URL

Direct connection

Reported parent system or portfolio company: Summit Behavioral Healthcare.

Direct connection

Reported investment sponsor: Patient Square Capital.

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Sources

Evidence and source documents