PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-22

CORNERSTONE HOSPITAL CONROE

Ownership, control, relationships, and source records for CORNERSTONE HOSPITAL CONROE.
Ownership receipt

What we can say clearly

CORNERSTONE HOSPITAL CONROE 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

CORNERSTONE HOSPITAL CONROE is listed in the April 3, 2026 PE hospital tracker and matches current CMS enrollment and owner records for CHG HOSPITAL CONROE, 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
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Key sources

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Control Map

This leads to this

sponsors
Apollo Global ManagementCHG HOSPITAL OPERATIONS COMPANY LLC
reported ownership or operating chain
CHG HOSPITAL OPERATIONS COMPANY LLCCORNERSTONE HOSPITAL CONROE
owns an interest in
KINDRED HEALTHCARE OPERATING LLCCORNERSTONE HOSPITAL CONROE

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 ManagementCHG HOSPITAL OPERATIONS COMPANY LLC

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

reported ownership or operating chainCHG HOSPITAL OPERATIONS COMPANY LLCCORNERSTONE HOSPITAL CONROE

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

owns an interest inKINDRED HEALTHCARE OPERATING LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

owns an interest inKENTUCKY HOSPITAL INTERMEDIATE LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

owns an interest inCORNERSTONE HEALTHCARE GROUP HOLDING INCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

owns an interest inKINDRED HEALTHCARE LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

governsSCOTT GRAESERCORNERSTONE HOSPITAL CONROE

CORPORATE OFFICER · associated 01/20/2023

governsDANA ROCKCORNERSTONE HOSPITAL CONROE

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

governsJOHNETTA TRAYLORCORNERSTONE HOSPITAL CONROE

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

is associated withJOHNETTA TRAYLORCORNERSTONE HOSPITAL CONROE

W-2 MANAGING EMPLOYEE · 0% reported ownership · associated 03/17/2025

owns an interest inCHG HOSPITAL OPERATIONS COMPANY LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

owns an interest inKENTUCKY HOSPITAL HOLDINGS LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

owns an interest inSOLARA HOSPITAL CONROE LPCORNERSTONE HOSPITAL CONROE

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 06/01/2015

governsDEANNA SCHIAVONECORNERSTONE HOSPITAL CONROE

CORPORATE OFFICER · associated 01/20/2023

owns an interest inKNIGHT HEALTH HOLDINGS LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

governsMICHAEL BEANCORNERSTONE HOSPITAL CONROE

CORPORATE OFFICER · associated 01/20/2023

owns an interest inKNIGHT HEALTH LLCCORNERSTONE HOSPITAL CONROE

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 01/20/2023

  • 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$20,465,350Hospital 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$20,204,884Hospital 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$22,460,726Hospital 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$18,497,230Hospital 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$19,748,565Hospital 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$18,095,676Hospital 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$2,014,760Hospital 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$462,914Hospital 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$5,797,822Hospital 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$11,208,122Hospital 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$6,675,058Hospital 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$5,893,488Hospital 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$14,290,310Hospital 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$10,965,881Hospital 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$7,511,210Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2023 to 08/31/202495 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2022 to 08/31/202394.2 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees09/01/2021 to 08/31/202277.93 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2023 to 08/31/202441 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2022 to 08/31/202341 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds09/01/2021 to 08/31/202241 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2023 to 08/31/202411,001 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2022 to 08/31/202310,290 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days09/01/2021 to 08/31/202210,378 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2023 to 08/31/2024392 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2022 to 08/31/2023444 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges09/01/2021 to 08/31/2022437 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.

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Sources

Evidence and source documents