Renaissance Capital logo

Ardent Health Priced, NYSE: ARDT

Operates hospitals and healthcare clinics in six states.

Industry: Health Care

Latest Trade: $17.30 0.00 (0.0%)

First Day Return: +0.4%

Return from IPO: +8.1%

Industry: Health Care

We are the fourth largest privately held, for-profit operator of hospitals and a leading provider of healthcare services in the United States. We currently operate in eight growing mid-sized urban markets across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas. We deliver care through a system of 30 acute care hospitals, more than 200 sites of care, and over 1,700 providers that are either employed by or affiliated with us, as of March 31, 2024. We hold a leading position in a majority of our markets, and we believe we are one of the leading healthcare systems based on market share and our integrated network of hospitals, ambulatory facilities, and physician practices. We operate either independently or in partnership with premier academic medical centers, large not-for-profit hospital systems, community physicians, and a community foundation through our well-established and differentiated JV model. Collectively, we operate as a unified organization with a consumer-centric approach to caring for our patients and our communities.
more less
IPO Data
IPO File Date 06/21/2024
Offer Price $16.00
Price Range $20.00 - $22.00
Offer Shares (mm) 12.0
Deal Size ($mm) $192
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/17/2024
Offer Price $16.00
Price Range $20.00 - $22.00
Offer Shares (mm) 12.0
Deal Size ($mm) $192
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
BofA Securities
more
Company Data
Headquarters Brentwood, TN, United States
Founded 1993
Employees 24,200
Website www.ardenthealth.com

Ardent Health (ARDT) Performance