Ardent Health Services

Ardent Health Services
Type	Private
Founded	1993
Founder	Charles A. Elcan
Headquarters	Nashville, Tennessee, United States
Key people	David T. Vandewater
Owner	Ventas; Equity Group Investments
Number of employees	15,300[1]
Website	ardenthealth.com

Ardent Health Services, formerly known as Behavioral Healthcare Corporation is a healthcare company based in Nashville, Tennessee, US.

History

The Behavioral Healthcare Corporation was founded in 1993 by Charles A. Elcan.[1][2] It was a subsidiary of Kindred Healthcare.[1] It operates hospitals in Tulsa, Oklahoma, Albuquerque, New Mexico, Amarillo, Texas, and, as of March 1, 2018, in Tyler, Texas.

By 2001, the private equity firm Welsh, Carson, Anderson & Stowe became majority shareholders.[3]

The company sold its psychiatric hospitals in 2005.[2] Additionally, it changed its name to Ardent Health Services.[2]

In 2015, Ventas acquired its real estate investments while Equity Group Investments acquired its hospitals, for US$1.75 billion.[4]

In February 2020, Ardent Health Services president and CEO David T. Vandewater announced his plans of retirement from the company. He will remain as president and CEO until a successor is named.[5]

References

"Company Overview of AHS Medical Holdings LLC". Bloomberg Business. Retrieved January 11, 2016.
"America's Largest Private Companies: #292 Ardent Health Services". Forbes. Retrieved January 11, 2016.
"History". Ardent Health Services. Archived from the original on April 24, 2015. Retrieved January 11, 2016.
Chen, Angela (July 7, 2015). "Equity Group Investments to Take Majority Stake in Ardent's Hospital Operations: Deal values Ardent at about $475 million". The Wall Street Journal. Retrieved January 11, 2016.
"Ardent Health Services President & CEO Announces Retirement from Company". www.businesswire.com. 2020-02-20. Retrieved 2020-03-03.

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[bloombergahs-1] "Company Overview of AHS Medical Holdings LLC". Bloomberg Business. Retrieved January 11, 2016.

[forbesamericaslargest-2] "America's Largest Private Companies: #292 Ardent Health Services". Forbes. Retrieved January 11, 2016.

[ardenthistory-3] "History". Ardent Health Services. Archived from the original on April 24, 2015. Retrieved January 11, 2016.

[wsjequitygroup-4] Chen, Angela (July 7, 2015). "Equity Group Investments to Take Majority Stake in Ardent's Hospital Operations: Deal values Ardent at about $475 million". The Wall Street Journal. Retrieved January 11, 2016.

[5] "Ardent Health Services President & CEO Announces Retirement from Company". www.businesswire.com. 2020-02-20. Retrieved 2020-03-03.