Ardent Health

Nashville, United States Founded: 1993 • Age: 33 yrs Acquired By Ventasreit
Investment company focused on health sectors
Annual revenue $6.0B Latest available
Total funding $500.0M 2 rounds
Employees 24900 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ardent Health, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.97 B (USD)
    10.29
    as on Dec 31, 2024
  • Net Profit
    $210.34 M (USD)
    290.22
    as on Dec 31, 2024
  • EBITDA
    $563.07 M (USD)
    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)

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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.

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.

Product name locked
Category locked
Primary

Offers hospital and outpatient treatments for acute conditions.

Product name locked
Category locked
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Provides remote consultations for convenient patient access.

Product name locked
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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

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

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment opportunities are pursued by EGI with innovative strategies.
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Healthcare consulting services are provided across various sectors.
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Ventas, Inc. is engaged in real estate investment for healthcare.
Locked Locked Locked
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Investor details for Ardent Health

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  • Investor domains
  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Ardent Health

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multispecialty medical services are delivered by the standalone hospital.
Locked Locked 1982 Locked
Comprehensive healthcare services are delivered via hospitals and clinics.
Locked Locked 1880 Locked
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Complete acquisition details for Ardent Health

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Financial Statements - Ardent Health

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Detailed financials for Ardent Health

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Ardent Health Comparisons

Ardent Health Primary company
Description
Investment company focused on health sectors
Location
Nashville, United States
Founded Year
1993
Annual Revenue
$5.97 B (USD)
Net Profit
$210.34 M (USD)
EBITDA
$563.07 M (USD)
Employees
24,900
As of 2024
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Peer comparison for Ardent Health

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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.

Company Name Domain Founded year HQ Location Description
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Multispecialty hospitals are operated as a nationwide chain.
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Multispecialty hospital services are delivered through a regional chain.
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Chain of multispeciality hospitals
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Healthcare services are provided across Ohio and Kentucky by Mercy Health.
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A chain of multispecialty hospitals is operated in New York.
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Detailed competitors of Ardent Health

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  • Domains and locations
  • Full company profiles
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Latest news on Ardent Health

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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 current CEO of Ardent Health.

Ardent Health is a funded company, having raised a total of $500M across 2 funding rounds to date.

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

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

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, Mercy Health and Providence Health & Services.

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.

The ticker symbol of Ardent Health is ARDT on NYSE.

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