Crescent Regional Hospital

What Crescent Regional Hospital does

Crescent Regional Hospital is a privately held, for-profit community hospital founded in 2013 in Lancaster, Texas, a southern suburb of Dallas. The DNV-GL Healthcare accredited facility operates 7 ICU beds, 36 Medical Surgical/Telemetry beds, 10 Emergency Department beds, 4 operating suites, 2 sleep lab suites, and 2 procedure rooms, and employs 250+ colleagues under CEO Raji Kumar, CFO Rebecca Speight, and CNO Lisa Fox. Service lines span 24/7 emergency care, hospitalist-coordinated inpatient care, diagnostic imaging (X-Ray, CT/CTA, 1.5T MRI/MRA, Ultrasound, Echo, Nuclear Medicine), and a broad surgical mix including spine, orthopedic, bariatric, vascular, gastroenterology, interventional cardiology with a Cath Lab, urology, podiatry, and general surgery, plus specialty services in wound care, sleep medicine, neurology, pain management, senior care, and outpatient physical therapy in Arlington. Technology differentiators include the Brainlab Spine Navigation system for image-guided spinal procedures and the HoloBox life-size holographic patient consultation system—the first such deployment in a US hospital—alongside the MyCareCorner patient portal (web and iOS/Android) and a Telehealth/Virtual Urgent Care channel. The hospital also operates two wholly owned subsidiaries, Crescent Senior Medical Center and Crescent Pain Management Center.

Revenue is generated from patient care services billed to Medicare, Medicaid, most commercial insurers, and self-pay patients, with price transparency supported through the ClaraPrice tool. Go-to-market is sales-led and community-based: the hospital reaches patients via direct primary care referrals, emergency walk-ins, community events, and physician networks across Lancaster, DeSoto, and surrounding North Texas areas. The hospital is currently expanding capacity with the announced Crescent North Campus at 5055 W Park Blvd in Plano, Texas, and has no disclosed private equity, venture, or strategic-system ownership based on available inputs.

Name

Crescent Regional Hospital

Legal name

Crescent Regional Hospital

Website

https://crescentregionalhospital.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Crescent Regional Hospital is a DNV-GL accredited, for-profit community hospital founded in 2013 in Lancaster, Texas. It operates 53 beds and four surgical suites, delivering 24/7 emergency, inpatient, surgical, diagnostic, and specialty care to residents across North Texas.

Ownership category

akta.pro rank

Product category

Community Hospital Services

NAICS

General Medical and Surgical Hospitals (62211), General Medical and Surgical Hospitals (6221)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060)

akta.pro primary industry

Community & Regional General Hospitals (HLAFAAAB)

akta.pro secondary industry

Hospital-Operated Urgent Care Centers (HLAFADAC)

Keywords

• Community hospital services
• Emergency medical care
• Surgical specialty services
• Diagnostic imaging services
• Inpatient hospital care

Headquarters

HQ city

Lancaster

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Patient Care Services: Revenue generated from emergency room visits, inpatient care, outpatient services, surgical procedures, diagnostic imaging, laboratory services, and specialty clinic services. Payments received from insurance providers (Medicare, Medicaid, commercial insurance) and self-pay patients.
2. Hospital Services Revenue: Revenue from 24-hour emergency care, inpatient and outpatient medical services, diagnostic radiology, ICU care, surgical procedures, and various specialty services including pain management, wound care, and rehabilitation services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Crescent Regional Hospital is a community hospital delivering 24-hour emergency care, inpatient hospitalization, outpatient services, surgical procedures, diagnostic imaging, laboratory, ICU, wound care, sleep medicine, pain management, senior primary care, and rehabilitation to residents of Lancaster, DeSoto, and surrounding North Texas communities. It accepts Medicare, Medicaid, most private insurances, and self-pay patients, operating from a DNV-GL accredited main campus and supporting outpatient locations.

Product overview

Crescent Regional Hospital is a DNV-GL accredited community hospital in Lancaster, Texas providing a comprehensive range of inpatient and outpatient healthcare services. The hospital operates 7 ICU beds, 36 Medical Surgical/Telemetry beds, 10 Emergency Department beds, 4 state-of-the-art operating suites, 2 sleep lab suites, and 2 procedure rooms. The hospital's core services include 24-hour Emergency Room, inpatient medical care with Hospitalist coordination, radiology diagnostic imaging (X-Ray, CT, MRI, Ultrasound, Nuclear Medicine), and comprehensive surgical specialties. The hospital offers specialized surgical services including Spine Navigation (Brainlab), Neurosurgery, Interventional Cardiology with Cath Lab, Orthopedic Surgery & Sports Medicine, Bariatric Surgery, Gastroenterology, Podiatry, Urology, Vascular Surgery, Hand Surgery, General Surgery, Gynecology, Plastic Surgery, and Interventional Pain Management. Additional specialty services include Outpatient Physical Therapy, Specialty Clinic (Gastroenterology, Wound Care, Neurology, Pain Management, Sleep Medicine), Wound Care Services, Senior Medical Center, and Pain Management Center. The hospital provides digital services through MyCareCorner patient portal (web and mobile iOS/Android apps) and Telehealth/Virtual Urgent Care consultations. The hospital is also pioneering holographic technology (HoloBox) for patient visits, making it the first in the US to offer life-size hologram technology.

Differentiator

Problem solved

Functional benefit

Brands

• Crescent North Campus: Future location of Crescent Regional Hospital expansion at 5055 W Park Blvd, Plano, Texas
• Crescent Emergency Room
• MyCareCorner

Products and services

• Emergency Room

Quantifiable outcome

• 30 minutes or less ER wait time guarantee
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• HoloconnectsflagshipTechnology or IntegrationPartnership to introduce life-size holographic technology (HoloBox) for patient visits. First US hospital to use hologram tech to connect physicians to patients. 7-foot tall holographic system enabling virtual face-to-face consultations.
• BrainlabcoreTechnology or IntegrationSpine navigation systems provider enabling real-time guidance for spinal procedures with Brainlab Spine Navigation technology. Provides pre-operative and intra-operative imaging capabilities for enhanced surgical accuracy.
• ForbesminorGTM or Marketing PartnerMedia coverage in Forbes highlighting hospital's innovative hologram technology for patient care
• Becker's Hospital ReviewminorGTM or Marketing PartnerHealthcare industry publication covering hospital's first-in-US hologram technology implementation
• Various Insurance ProviderscoreOthersNetwork of insurance providers including Medicare, Medicaid, and most private insurance companies for patient billing and reimbursement

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Baylor Scott & White Health: Largest not-for-profit health system in Texas with deep DFW presence including multiple acute care hospitals, employed physician networks, and specialty institutes. Direct competitor for inpatient, surgical, and emergency volumes in the Dallas MSA where Crescent operates.
• Texas Health Resources: Major DFW-based health system operating numerous acute care hospitals and a large employed physician group. Competes with Crescent for community-level inpatient, ER, and specialty referrals across North Texas.
• Methodist Health System: Dallas-based not-for-profit system with multiple acute care hospitals and outpatient facilities across the DFW metro. Closest geographic competitor to Crescent's Lancaster campus and overlapping service lines in emergency, surgical, and senior care.
• Medical City Healthcare: HCA Healthcare's DFW operating division running a network of hospitals, ERs, and specialty facilities across North Texas. Competes for surgical, ER, and women's health volumes; relevant comparable for Crescent's for-profit operating model and growth strategy.
• HCA Healthcare: Largest for-profit hospital operator in the US, parent of Medical City Healthcare. Relevant comparable for Crescent's for-profit community-hospital model, capital deployment playbook, and inpatient margin benchmarks.
• Tenet Healthcare: Large for-profit hospital and ambulatory operator with USPI outpatient surgery centers. Comparable business model mix of acute care hospitals plus outpatient specialty assets, relevant to Crescent's hospital-plus-subsidiary structure.
• Universal Health Services: Public for-profit operator of acute care and behavioral health hospitals across the US. Comparable for community-hospital margin dynamics, capital allocation, and growth-via-expansion strategy.
• AdventHealth: Large not-for-profit health system with community hospitals across multiple US regions. Relevant comparable for Crescent's positioning as a community-focused, multi-specialty hospital serving suburban populations outside major urban cores.

Direct peers

• Ardent Health Partners: For-profit operator of community hospitals and ambulatory sites across mid-sized US markets. Closest scale and strategy comparable to Crescent - regional acute care hospitals plus outpatient specialty clinics - making it a relevant private-market peer.
• Steward Health Care: Historically operated a network of community hospitals with focus on underserved markets. Comparable to Crescent as a community-hospital platform, though its 2024 bankruptcy highlights the structural risks small for-profit hospital operators face.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCIeJeee75vGmFJIhMuqQ9hw?sub_confirmation=1
• Xx.com/cmc_lancaster

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crescent Regional Hospital