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Company Research Report: Ardent Health

Company Overview

Name: Ardent Health

Mission of the Company: Ardent is dedicated to making healthcare better and more accessible with a focus on innovation and people-centered care. The company is committed to caring for patients, communities, and team members, and improving lives through building healthier communities.

Founded: 2001

Founder(s): No information is available

Key People:

Martin Bonick, President and CEO

Headquartered: 340 Seven Springs Way, Suite 100, Brentwood, TN 37027

Number of Employees: Over 24,000 team members

Revenue: No information is available

Known For: Ardent is recognized as a leading provider of healthcare services in mid-sized urban communities across the U.S., with 30 acute care hospitals and over 200 sites of care.

Products and Services

Products/Services Offered:

Acute Care Hospitals: Comprehensive healthcare services for complex and acute medical conditions.

Outpatient Facilities: Services include urgent care, ambulatory surgery centers, and freestanding emergency departments.

Remote Monitoring: Use of tech to stay connected with patients outside traditional settings.

AI-Driven Programs: Virtual nursing, remote care management, and clinical decision support powered by AI.

High-Level Description and Key Features:

Virtual Visits and Care: Facilitates patient access to healthcare through virtual visits, making it easier to receive medical attention and follow-ups.

Hospital-at-Home Programs: Provides high-quality care in convenient locations or at home, using remote monitoring technology.

Smart Technology Integration: Innovations include AI-powered wearables, online scheduling, and bill pay systems to improve patient engagement.

Epic Electronic Health Records: Integration with Epic for enhanced clinical decision support and patient care management.

Recent Developments

New Acquisitions and Expansions:

Acquired 18 urgent care clinics across New Mexico and Oklahoma from NextCare Urgent Care.

Earlier acquired nine urgent care centers in Topeka, Kan., and East Texas.

Upcoming Launches and Strategic Focus:

Expansion plans for ambulatory surgery centers and continued growth of urgent care facilities.

New focus on freestanding imaging centers, micro-hospitals, and emergency departments as part of network growth.

Technological Integrations:

Integration of Epic's electronic health record into new acquisitions, enhancing connectivity and patient management.

Innovation Partnership and Initiatives:

Development and deployment of AI-powered programs such as the virtual nursing program and chronic care management leveraging AI.

Collaboration with partners for innovations like automated vital sign collection and clinical recruiting technology.

Strategic Conferences:

Participated in the 43rd Annual J.P. Morgan Healthcare Conference.

Announced forthcoming fourth quarter and full year 2024 results conference call in February 2025.

Financial Information

Revenue: No information is available

Recent Financial Announcement: Planned release of fourth quarter and full year 2024 financial results on February 26, 2025, with a subsequent conference call on February 27, 2025.

Contact Information

Investor Contact: Dave Styblo, CFA, SVP, Investor Relations

Phone: (615) 296-3016

Email: investor.relations@ardenthealth.com

Media Contact: Rebecca Kirkham, Chief Communications Officer

Phone: (615) 296-3635

Email: rebecca.kirkham@ardenthealth.com

Conclusion

Ardent Health is at the forefront of transforming healthcare delivery by leveraging innovative technologies and expanding its network strategically. Its commitment to improving care accessibility and patient outcomes, combined with a focus on strategic acquisitions, positions Ardent as a major player in the healthcare market.

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