Ardent Health

Nashville, United States Founded: 1993 • Age: 33 yrs Acquired By Ventasreit
Investment company focused on health sectors
Request Access

About Ardent Health

Ardent Health is a company based in Nashville (United States) founded in 1993 by Charles A Elcan was acquired by Ventasreit in April 2015.. Ardent Health has raised $500 million across 2 funding rounds from investors including Ventas, PureHealth and EGI. The company has 24,900 employees as of December 31, 2024. Ardent Health has completed 2 acquisitions, including Lovelace Health and SJH. Ardent Health offers products and services including Healthcare Services, Virtual Visits, and Outpatient Facilities. Ardent Health operates in a competitive market with competitors including UPMC, Novant Health, Providence Health & Services, Mercy Health and Northwell, among others.

  • Headquarter Nashville, United States
  • Employees 24900 as on 31 Dec, 2024
  • Founders Charles A Elcan
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ardent Health, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $5.97 B
    10.29
    as on Dec 31, 2024
  • Net Profit
    $210.34 M
    290.22
    as on Dec 31, 2024
  • EBITDA
    $563.07 M
    52.04
    as on Dec 31, 2024
  • Total Equity Funding
    $500 M (USD)

    in 2 rounds

  • Latest Funding Round
    $500 M (USD), Series D

    Sep 04, 2022

  • Investors
    Ventas

    & 2 more

  • Employee Count
    24900

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Ventasreit

    (Apr 06, 2015)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

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.

Exchange: NYSE · Ticker: ARDT . Sector: Health services · USA

Products & Services of Ardent Health

Ardent Health offers a comprehensive portfolio of products and services, including Healthcare Services, Virtual Visits, and Outpatient Facilities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers hospital and outpatient treatments for acute conditions.

Provides remote consultations for convenient patient access.

Delivers urgent care and surgery in community-based centers.

People of Ardent Health
Headcount 10000+
Employee Profiles 60
Board Members and Advisors 10
Employee Profiles
People
Colleen Cotton
Assistant Vice President, Corporate Decision Support
People
Scott Anders M.D., Faafp, Cpe
Senior Vice President, Physician Services
People
Trey Malone
Regional Director Financial Operations
People
Harrison Lee
Manager, Corporate Development

Unlock access to complete

Board Members and Advisors
people
Mark Sotir
Chair
people
Philip Tinkler
Board Member
people
Rob Webb
Board Member
people
Peter Bulgarelli
Board Member

Unlock access to complete

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
  • Total Rounds 2
  • Last Round Series D — $500.0M
  • First Round

    (01 Jun 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series D - Ardent Health Valuation PureHealth
Jun, 2016 Amount Debt – Conventional - Ardent Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment opportunities are pursued by EGI with innovative strategies.
Founded Year Domain Location
Healthcare consulting services are provided across various sectors.
Founded Year Domain Location
Ventas, Inc. is engaged in real estate investment for healthcare.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Multispecialty medical services are delivered by the standalone hospital.
1982
Comprehensive healthcare services are delivered via hospitals and clinics.
1880
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ardent Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ardent Health Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Ardent Health

Ardent Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UPMC, Novant Health, Providence Health & Services, Mercy Health and Northwell, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multispecialty hospitals are operated as a nationwide chain.
domain founded_year HQ Location
Multispecialty hospital services are delivered through a regional chain.
domain founded_year HQ Location
Chain of multispeciality hospitals
domain founded_year HQ Location
Healthcare services are provided across Ohio and Kentucky by Mercy Health.
domain founded_year HQ Location
A chain of multispecialty hospitals is operated in New York.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ardent Health

Frequently Asked Questions about Ardent Health

When was Ardent Health founded?

Ardent Health was founded in 1993 and raised its 1st funding round 23 years after it was founded.

Where is Ardent Health located?

Ardent Health is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.

Who is the current CEO of Ardent Health?

David Vandewater is the current CEO of Ardent Health.

Is Ardent Health a funded company?

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 01, 2016.

How many employees does Ardent Health have?

As of Dec 31, 2024, the latest employee count at Ardent Health is 24,900.

What is the annual revenue of Ardent Health?

Annual revenue of Ardent Health is $5.97B as on Dec 31, 2024.

What does Ardent Health do?

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.

Who are the top competitors of Ardent Health?

Ardent Health's top competitors include UPMC, Mercy Health and Providence Health & Services.

What products or services does Ardent Health offer?

Ardent Health offers Healthcare Services, Virtual Visits, and Outpatient Facilities.

Is Ardent Health publicly traded?

Yes, Ardent Health is publicly traded on NYSE under the ticker symbol ARDT.

How many acquisitions has Ardent Health made?

Ardent Health has made 2 acquisitions, including Lovelace Health, and SJH.

Who are Ardent Health's investors?

Ardent Health has 3 investors. Key investors include Ventas, PureHealth, and EGI.

What is Ardent Health's ticker symbol?

The ticker symbol of Ardent Health is ARDT on NYSE.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available