▸ Data / Ownership and deals

Independent operator target universe

Every hospital, nursing home, home health agency and hospice with no private equity sponsor, no chain parent and no listed operator behind it, with location, owners and size.

▸ What it is

Every Medicare-certified hospital, skilled nursing facility, home health agency and hospice in the US that is not part of a sponsor platform, a listed operator or a multi-site chain, with location, ownership structure and size from the latest cost report. One row per facility. The starting list for add-on sourcing, de novo versus buy analysis, and market maps of who is still independent in a geography.

A facility is in the universe when, in the current CMS ownership snapshot:

1. at least one owner with an ownership role is on file (a facility with no ownership-role owner filed is unknown, not independent, and is excluded); 2. no owner with an ownership role is classed as a financial sponsor (CMS's private-equity flag on any filing by that owner, or a fund-vehicle owner name; see the ownership map dictionary); 3. the operator crosswalk maps it to no operator (no listed operator, REIT-run operator, nonprofit system, tracked private or sponsor-backed chain); and 4. no organizational owner holds more than three facilities of record across the four facility types.

▸ What a desk does with it

Add-on sourcing lists by segment and geography. Market maps of what is still independent. A starting universe for buy versus build.

▸ Read before a trial
  • Independent means at least one owner on file, no sponsor owner, no operator in the crosswalk, and no organizational owner with more than three facilities on the CMS file. It is a screen, not a verified standalone status; check the owner list before outreach.
  • Facilities with no ownership owner filed are treated as unknown and left out. SNF financials are FY2021 or earlier for now while FY2022 and FY2023 reports are reloaded; home health revenue is not available.
▸ At a glance
Rows
16,515 facilities (2026-10-24 export of the 2026-09-29 snapshot).
Product cadence
Monthly, ownership loaded on the 2nd ahead of the export on the 3rd
Lag
Weeks after the CMS ownership release
Lookback shipped
Current snapshot (2026-09-29): 16,515 independent facilities
Backfill available
Monthly CMS ownership snapshots back to 2022 on request, to see what was independent at a past date
Vintage
2026-09-29 (the CMS ownership snapshot date).
Tables
1
Licence
$500 per month per firm, or inside the suite
▸ Sources

Where every row comes from.

SourceSource cadenceHistory
CMS All Owners and Enrollments files, hospital, SNF, home health and hospice (data.cms.gov)Monthly for hospitals and SNFs; quarterly for home health and hospiceMonthly snapshots from 2022
CMS Care CompareQuarterlyCurrent facility names and locations
CMS HCRIS hospital, SNF and hospice cost reportsQuarterlyLatest fiscal year per facility for beds, revenue and net income
Healthparse operator crosswalkMonthlyUsed to exclude facilities mapped to an operator

Dictionary source line: CMS All Owners and Enrollments files for hospitals, SNFs, home health agencies and hospices (data.cms.gov; monthly for hospitals and SNFs, quarterly for home health and hospice); CMS Care Compare for facility names and locations; CMS HCRIS hospital cost reports and the SNF and hospice cost reports for beds, revenue and net income; the Healthparse operator crosswalk to exclude mapped operators.

▸ Tables

1 table, three meta columns each.

Every table carries _dataset, _vintage and _exported_at in addition to the columns in the dictionary.

TableSnowflake pathColumnsRows
independent_operator_targetsHEALTHPARSE_DATA.INDEPENDENT_OPERATOR_TARGETS.INDEPENDENT_OPERATOR_TARGETS1616,515 facilities

Evaluate Independent operator target universe

Free California sample on the marketplaces. 30-day full-table evaluation on request.