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.
This article is issued from Wikipedia - version of the 7/21/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.