About Ardent Health
Ardent Health is a publicly listed company based in Nashville (United States) founded in 1993 by Charles A Elcan, and was acquired by Ventasreit in April 2015. Investment company focused on health sectors. Ardent Health has raised $500 million across 2 funding rounds from investors including Ventas, PureHealth and EGI. The company has 24,900 employees. Ardent Health has completed 2 acquisitions, including Lovelace Health and SJH. Its chief executive, as recorded, is David Vandewater. Its website ardenthealth.com draws about 90 thousand monthly visits. Ardent Health offers products and services including Healthcare Services, Virtual Visits, and Outpatient Facilities. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its legal entity is AHS Management Company, Inc. Its competitors include UPMC, Novant Health and Providence Health & Services.
Company details
Ardent Health is an investment company focussed on health sectors. It invests, owns and manages acute care hospitals in small cities and select urban markets. Provides hospital expansion services, technical assistance, new programs implementation services and more. Partner hospitals include Bay Medical Center, Sacred Heart in Panama City in Florida, Hackensack UMC Mountainside in New Jersey, HackensackUMC in New Jersey among others.
- Headquarters Nashville, United States
- Employees 24,900
- Founders Charles A Elcan
- Stage Public
- SectorsHealthcare
- Phone•••• ••••
- Website ardenthealth.com
- Social LinkedIn Facebook
- Acquired by Ventasreit (Apr 2015)
- Legal Name Ardent Health, Inc.
- Annual Revenue$6.32 B (USD)6.01as on Dec 31, 2025
- Net Profit$135.81 M (USD)-35.43as on Dec 31, 2025
- EBITDA$481.29 M (USD)-12.82as on Dec 31, 2025
- Total Equity Funding$500M (USD)
in 2 rounds
- Latest Funding Round$500M (USD), Series D
Sep 2022
- InvestorsVentas
& 2 more
- Employee Count24,900
- Investments & AcquisitionsLovelace Health
& 1 more
- Acquired byVentasreit
(Apr 2015)
Products & Services of Ardent Health
Ardent Health offers a comprehensive portfolio of products and services, including Healthcare Services, Virtual Visits, and Outpatient Facilities.
Offers hospital and outpatient treatments for acute conditions.
Provides remote consultations for convenient patient access.
Delivers urgent care and surgery in community-based centers.
Funding Insights of Ardent Health
Ardent Health has successfully raised a total of $500M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $500 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500M
- Total Rounds 2
- Last Round Series D — $500M
- First Round $312.5M
(Jun 2016)
- Investors Count 1
All 2 funding rounds of Ardent Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $500M | Series D | – | PureHealth | – |
| Jun 2016 | $312.5M | Debt – Conventional | – | – | – |
3 investors in total: 3 institutional.
Investors in Ardent Health
Ardent Health has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ventas, PureHealth and EGI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment opportunities are pursued by EGI with innovative strategies. | egizell.com | |||
Healthcare consulting services are provided across various sectors. | 1961 | purehealth.ae | Abu Dhabi, United Arab Emirates | |
Ventas, Inc. is engaged in real estate investment for healthcare. | 1998 | ventasreit.com | Chicago, United States |
Investor details for Ardent Health
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People of Ardent Health
72 people are tracked at Ardent Health (44 in leadership, 10 in board & advisors, 18 in team); the tracked headcount is 24,900.
| Name | Role | Group |
|---|---|---|
Charles A Elcan | Founder | Leadership |
Alfred Lumsdaine | Chief Financial Officer | Leadership |
David Vandewater | CEO & President | Leadership |
Colleen Cotton | Assistant Vice President, Corporate Decision Support | Leadership |
Scott Anders M.D., Faafp, Cpe | Senior Vice President, Physician Services | Leadership |
Trey Malone | Regional Director Financial Operations | Leadership |
Bob Ridlen | Vice President Corporate Development | Leadership |
Stacey Donegan | Senior Vp, Chief Risk Officer | Leadership |
Rebecca Hurley | Chief Development Counsel | Leadership |
Debra Lee | Chief Financial Officer | Leadership |
Marty Bonick | President & CEO | Leadership |
David Byers | SVP & Chief Accounting Officer | Leadership |
Lisa Dolan | SVP & Chief Nursing Officer | Leadership |
Steve Petrovich | Chief Legal Officer | Leadership |
Carolyn Schneider | Chief Human Resources Officer | Leadership |
Kevin Gross | President, Oklahoma Region | Leadership |
Rebecca Kirkham | VP & Chief Communications Officer | Leadership |
Joanne Hardin | Chief Quality Officer | Leadership |
Stacey Martinez | Vp, Accounting Operations | Leadership |
Mallesh Manchala | Director Data & AI Governance | Leadership |
52 more people are available in the full profile.
Complete people profiles for Ardent Health
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IPO & Listings of Ardent Health
Ardent Health is a publicly listed company on the NYSE with ticker symbol ARDT in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Jul 2024
- Listed onNYSE: ARDT
- Listed entityArdent Health, Inc.
- Exchange sectorHealth services
- ISINUS03980N1072
- Share price$11.69 (+1.39% on the day) · 2026-10-13
- Market capitalisation$1.65B
- Price to earnings21.3
- EPS (diluted, trailing year)$0.55
- Volume (last session)630,404
Financials of Ardent Health
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.32B | $135.8M | $481.3M |
| 2024 | $5.97B | $210.3M | $552.0M |
| 2023 | $5.41B | $53.9M | $356.6M |
| 2022 | $5.13B | $188.9M | $338.4M |
| 2021 | $4.87B | $154.3M | $439.6M |
Detailed financial statements for Ardent Health
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Investments & Acquisitions by Ardent Health
Ardent Health has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lovelace Health and SJH.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Comprehensive healthcare services are delivered via hospitals and clinics. | lovelace.com | Albuquerque, United States | 1880 | Jan 2003 | $211M | |
Multispecialty medical services are delivered by the standalone hospital. | stjhs.org | Irvine, United States | 1982 | Mar 2002 | $40M |
Complete acquisition details for Ardent Health
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Timeline of Ardent Health
7 dated milestones of Ardent Health across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Ardent Health is founded.
- Acquisition Acquires SJH.
- Acquisition Acquires Lovelace Health.
- Exit Acquired by Ventasreit.
- Funding First funding round of $312.5M.
- Funding Latest funding round, Series D, of $500.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of Ardent Health
Ardent Health has 3 listed competitors in our database. They include UPMC, Novant Health and Providence Health & Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upmc.com | 1986 | United States | 47,721 | Multispecialty hospitals are operated as a nationwide chain. | ||
| novanthealth.org | 1997 | Charlotte, United States | 29,747 | Multispecialty hospital services are delivered through a regional chain. | ||
| providence.org | 1859 | United States | 202 | Chain of multispeciality hospitals |
Detailed competitors of Ardent Health
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Web traffic of Ardent Health
The website of Ardent Health (ardenthealth.com) receives about 90.4K visits a month.
- Monthly visits90.4K
▼ 9.5% vs previous month
Websites whose visitors overlap most with Ardent Health. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hospitalogy.com | hospitalogy.com | 100% | #1,501,236 | – | |
healthynh.com | healthynh.com | 85% | – | ||
reshealth.org | reshealth.org | 83% | – | ||
| tyco.com | 83% | 37K | #874,377 | View details | |
| incrediblehealth.com | 82% | 154.6K | #197,278 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 34 similar websites and full traffic analytics for Ardent Health
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Top companies in Hospitals & Clinical Care
3 companies that operate in the same segment as Ardent Health (Hospitals & Clinical Care) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-specialty hospitals and surgery centers are operated nationwide. | 1968 | Nashville, Tennessee, United States | USD 97.27 M | USD 75.6 B | 316,000 | |
Standalone veterinary clinics are operated for pet care services. | 2017 | New York, New York, United States | USD 98.5 M | |||
Healthcare services, research, education, and community support are provided. | 1942 | United States |
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Related news about Ardent Health
Complete news archive for Ardent Health
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Frequently Asked Questions about Ardent Health
Ardent Health was founded in 1993 and raised its 1st funding round 23 years after it was founded.
Ardent Health is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
David Vandewater is the CEO of Ardent Health, as recorded in our data.
Ardent Health is a funded company, having raised a total of $500M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $312.5M, raised on Jun 2016.
Ardent Health has 24,900 employees.
Annual revenue of Ardent Health is $6.32B as on Dec 31, 2025.
Ardent Health is an investment company focussed on health sectors. It invests, owns and manages acute care hospitals in small cities and select urban markets. Provides hospital expansion services, technical assistance, new programs implementation services and more. Partner hospitals include Bay Medical Center, Sacred Heart in Panama City in Florida, Hackensack UMC Mountainside in New Jersey, HackensackUMC in New Jersey among others.
Ardent Health's top competitors include UPMC, Providence Health & Services and Novant Health.
Ardent Health offers Healthcare Services, Virtual Visits, and Outpatient Facilities.
Yes, Ardent Health is publicly traded on NYSE under the ticker symbol ARDT.
Ardent Health has made 2 acquisitions, including Lovelace Health, and SJH.
Ardent Health has 3 investors. Key investors include Ventas, PureHealth, and EGI.