Ardent Health Inc
ardenthealth.comWhat Do They Do?
Provides hospital, clinic and other healthcare services to patients, including general and specialty care.
10-K for FY2025, filed Mar 16, 2026
How Do They Make Money?
Patients and their health plans or government programs pay for care; Ardent earns revenue as it provides services, with payment rates set by program rules or negotiated with health plans.
10-K for FY2025, filed Mar 16, 2026
$6.3B
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10-K for FY2025, filed Mar 16, 2026
$6.3B ↗
Who Are Their Customers?
Patients receive care through hospitals, ambulatory facilities and physician practices; Medicare, Medicaid and managed-care plans typically pay for it, alongside some self-pay.
10-K for FY2025, filed Mar 16, 2026The Company has one reportable segment, which is healthcare services. The healthcare services segment generates revenues by delivering care…View ↗
Contractual relationships with patients, in most cases, involve a third party payor (Medicare, Medicaid and managed care health plans), and…View ↗
Years Ended December 31, 2025 2024 2023 Amount % of Total Revenue Amount % of Total Revenue Amount % of Total Revenue Medicare $ 2,439,774…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 2 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 16, 2026
10-K for FY2025, filed Mar 16, 2026
$135.8MView ↗
How Are They Changing?
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Aug 4, 2026
Reaffirms 2026 revenue and adjusted EBITDA guidance
Its full-year revenue and adjusted EBITDA ranges remained unchanged.
Sources
8-K, filed Aug 4, 2026
Reaffirming Full-Year 2026 GuidanceView ↗
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Jun 2, 2026
Names Dave Caspers CEO, succeeding Marty Bonick
Caspers, formerly chief operating officer, also joined the board.
Sources
8-K, filed Jun 2, 2026
On June 2, 2026 (the “Effective Date”), the Board of Directors (the “Board”) of Ardent Health, Inc. (the “Company”) appointed Dave Caspers…View ↗
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