We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us

Download Mobile App




EGI to Acquire Majority Stake in Ardent Health Services

By HospiMedica International staff writers
Posted on 19 Jul 2015
Healthcare real-estate investment trust (REIT) Ventas (Chicago, IL, USA) has signed an agreement with Equity Group Investments (EGI; Chicago, IL, USA) to sell its majority stake in Ardent Health Services (AHS; Nashville, TN, USA) for USD 475 million.

AHS, which provides healthcare services, is claimed to be one of the ten largest investor-owned hospital companies in the US, operating in the Amarillo (TX, USA), Tulsa (OK, USA), and Albuquerque (NM, USA) areas, with 14 hospitals and three multispecialty physician groups in operation. More...
The facilities include acute-care, heart, rehabilitation, and women’s-health hospitals, totaling 2,045 hospital beds. Ventas will retain a 9.9% interest in AHS, with current AHS management continuing to hold a significant ownership interest. It currently reports USD two billion in annual revenues.

Ventas bought hospital operator Ardent Medical Services (Nashville, TN, USA) for USD 1.75 billion in cash in April 2015. The company retains the owned real estate, selling the hospital operations part of the former Ardent Medical Services to the newly formed AHS. EGI is a private investment firm founded in the 1960’s by Sam Zell. The EGI investment portfolio ranges across industries such as energy, logistics, communications and transportation, but also includes in fixed-income investments in public and private companies.

“With Ardent, we are well positioned to grow in the large, fragmented and rapidly consolidating USD 1 trillion domestic hospital segment,” said Debra Cafaro, CEO of Ventas. “We believe that hospitals will continue to be at the core of the healthcare delivery system, supported by attractive demographics, policy and an improving economy, which we expect will expand the ranks of insured individuals and improve provider revenues.”

“With these strong partners of EGI and Ventas, we believe we can build upon our success and provide additional capital to our facilities and expand into new service areas,” said David Vandewater, president and CEO of Ardent. “This new partnership will be a significant benefit to hospitals, health systems and communities across the country.”

Related Links:

Ventas
Equity Group Investments
Ardent Health Services



Gold Member
STI Test
Vivalytic Sexually Transmitted Infection (STI) Array
Radiology Monitor
MDNC-6121 Barco Nio Color 5.8MP
Hybrid Arch Device
Neo EDE
Pediatric Mask
Respire SOFT
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to HospiMedica.com and get access to news and events that shape the world of Hospital Medicine.
  • Free digital version edition of HospiMedica International sent by email on regular basis
  • Free print version of HospiMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of HospiMedica International in digital format
  • Free HospiMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








Channels

Artificial Intelligence

view channel
Image: Artificial intelligence (AI) standalone performance and reader performance with versus without AI assistance. (A) Receiver operating characteristics (ROC) curve for AI standalone performance in the US dataset (AUC 0.899, 95% CI 0.858 to 0.939). (B) ROC curve for AI standalone performance in the Korean dataset (AUC 0.963, 95% CI 0.946 to 0.975). (C) Pooled reader ROC without (AUC 0.718) versus with (AUC 0.852) AI assistance in the Korean dataset; P<0.001. AUC, area under the receiver operating characteristics curve. (Leonard Sunwoo et al., Journal of NeuroInterventional Surgery (2026). DOI: 10.1136/jnis-2026-025339)

AI Improves Non-Contrast CT Interpretation for Time-Sensitive Stroke Assessment

Acute ischemic stroke occurs when a blood vessel in the brain becomes blocked, requiring rapid diagnosis to enable timely reperfusion therapy. Emergency departments often use computed tomography angiography... Read more

Critical Care

view channel
Image: Tubes attached to this artificial lung are connected to the patient\'s neck or chest, allowing blood to circulate and get oxygen while the patient is conscious. (Image Credit: Carnegie MellonImage: Tubes attached to this artificial lung are connected to the patient\'s neck or chest, allowing blood to circulate and get oxygen while the patient is conscious. (Image Credit: Carnegie Mellon University)University)

Portable Artificial Lung Technology Could Reshape Care for Chronic Lung Disease

Chronic lung disease can leave patients dependent on prolonged mechanical ventilation or awaiting transplantation, both of which carry substantial morbidity and healthcare costs. Ventilatory support may... Read more

Surgical Techniques

view channel
Image Credit: 123RF

Needle-Free Intrauterine Anesthesia Technique Reduces Pain During IUD Insertion

Pain during intrauterine device (IUD) placement often deters women from choosing this long-acting contraception. Avoiding or undertreating procedural pain can reduce uptake and satisfaction with effective... Read more

Point of Care

view channel
Image Credit: 123RF

Continuous Glucose Monitoring Identifies Cardiometabolic Risk in Adults Without Diabetes

Dysglycemia—abnormal blood glucose regulation—can fluctuate throughout the day and often escape conventional screening. Clinicians typically rely on fasting plasma glucose and hemoglobin A1c, which offer... Read more
Copyright © 2000-2026 Globetech Media. All rights reserved.