Ardent Health Services

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

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

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 and Amarillo, Texas.[1]

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]

References

  1. 1 2 3 4 "Company Overview of AHS Medical Holdings LLC". Bloomberg Business. Retrieved January 11, 2016.
  2. 1 2 3 "America's Largest Private Companies: #292 Ardent Health Services". Forbes. Retrieved January 11, 2016.
  3. "History". Ardent Health Services. Retrieved January 11, 2016.
  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.
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