If his face is so bad you watched over him like that, why haven't you taken him to the hospital?
Did he run right home after getting hurt and didn't let them care for him?
Do they know he got hurt or how severely he was hurt?
Have they seen him since the accident?
Maybe they are simply embarrassed and upset that he's hurt and feel bad for it happening.
Other questions:
Do you watch over the children when they are at your place?
Do your friends watch over the children when they are at their place?
In otherwords, are you being responsible and they are not?
Do you have comparable toys/activities to this inter-tube connected to a four-wheeler at your house? In otherwords, are the activities available at this other house more dangerous than the activities offered at your own?
It seems that your friends' house is a more accident-prone environment compared to your own, whether because of a lack of supervision or because more dangerous activities are done at their house. You're going to have to decide if you're okay with that or not.
If your friends are used to these types of injuries they may not think of it as anything to get worked up about. If you're not used to these kinds of injuries, then it makes sense that you'll be more worried. I'm not saying either way is better; that's just how it is.