Novant Health

Charlotte, United States Founded: 1997 • Age: 29 yrs
Multispecialty hospital services are delivered through a regional chain.
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About Novant Health

Novant Health is a company based in Charlotte (United States) founded in 1997.. The company has 29,747 employees as of December 31, 2021. Novant Health has completed 6 acquisitions, including Coastal Carolina Hospital, Davis Regional Medical Center and East Cooper Medical Center. Novant Health operates in a competitive market with competitors including Ramsay Health Care, UPMC, Sutter Health, Ardent Health and Providence Health & Services, among others.

  • Headquarter Charlotte, United States
  • Employees 29747 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Novant Health, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $115.62 K (USD), Grant

    Jul 01, 2025

  • Investors
    HHS

    & 1 more

  • Employee Count
    29747

    as on Dec 31, 2021

  • Investments & Acquisitions
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People of Novant Health
Headcount 10000+
Employee Profiles 374
Board Members and Advisors 16
Employee Profiles
People
Holly Pente
Certified Athletic Trainer
People
Barbara Eldridge
Nursing Manager
People
Nicole Waters
Lactation Consultant
People
Alice Pope
EVP & CFO

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Board Members and Advisors
people
James P. Taylor
Secretary & Treasurer
people
Laura A. Schulte
Chair
people
Alvaro G. De Molina
Trustee
people
Deborah Mcquitter Ally
Trustee

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Funding Insights of Novant Health

  • Total Funding
  • Total Rounds 7
  • Last Round Grant — $115,617
  • First Round

    (18 Jun 2007)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Grant - Novant Health Valuation

investors

Jun, 2024 Amount Grant - Novant Health Valuation

investors

Jun, 2023 Amount Grant - Novant 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 Novant Health

Novant Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Health Resources and Services Administration. 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
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Health services and resources are provided by HRSA nationwide.
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 Novant Health

Novant Health has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Coastal Carolina Hospital, Davis Regional Medical Center and East Cooper Medical Center. 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
Chain of multi-speciality hospitals
2008
Provider of healthcare services
2006
Multi-specialty hospital services are delivered in Mount Pleasant.
1986
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 - Novant 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

Novant Health Comparisons

Employees
+
Add Comparison
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Competitors of Novant Health

Novant 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 Ramsay Health Care, UPMC, Sutter Health, Ardent Health and Providence Health & Services, 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
Chain of multispeciality hospitals
domain founded_year HQ Location
Multispecialty hospitals are operated as a nationwide chain.
domain founded_year HQ Location
Chain of multi-speciality hospitals
domain founded_year HQ Location
Investment company focused on health sectors
domain founded_year HQ Location
Chain of multispeciality hospitals
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 Novant Health

Novant names hospital president
Beckershospitalreview10 months ago

Frequently Asked Questions about Novant Health

When was Novant Health founded?

Novant Health was founded in 1997 and raised its 1st funding round 10 years after it was founded.

Where is Novant Health located?

Novant Health is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

How many employees does Novant Health have?

As of Dec 31, 2021, the latest employee count at Novant Health is 29,747.

What does Novant Health do?

Novant Health was founded in 1997 and is based in Charlotte, United States. A network of multispecialty hospitals is operated across the southeastern region, where comprehensive medical services are provided. Focus is placed on inpatient and outpatient care, including diagnostics, treatments, and preventive health measures. Operations are managed as a not-for-profit entity serving local communities with integrated healthcare delivery.

Who are the top competitors of Novant Health?

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

How many acquisitions has Novant Health made?

Novant Health has made 6 acquisitions, including Coastal Carolina Hospital, Davis Regional Medical Center, and East Cooper Medical Center.

Who are Novant Health's investors?

Novant Health has 2 investors. Key investors include HHS, and Health Resources and Services Administration.

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