Ardent Health recorded a net income of $73 million in the second quarter of 2025, up from $42.2 million during the same period last year, according to its Aug. 5 financial report.
Five things to know:
1. Ardent recorded total revenue of $1.6 billion for the three months ended June 30, up from $1.5 billion during the same period last year.
2. Total operating expenses were $1.5 billion in the quarter, up from $1.4 billion during the same period last year.
3. “Despite ongoing payer denial headwinds, we delivered solid second quarter financial results consistent with our 2025 plan,” Ardent President and CEO Marty Bonick said in the report. “”As part of our commitment to operational excellence, we advanced several strategic initiatives, including deployment of virtual nursing and AI-enabled scribe technologies, that are improving outcomes, creating more efficient workflows, and reducing turnover.”
4. Mr. Bonick said ambulatory growth remains a focus for the system. Ardent expects to open five urgent care centers and two imaging centers before the end of 2025. The system acquired 18 urgent care clinics from Tempe, Ariz.-based NextCare Urgent Care in January.
5. The 30-hospital, for-profit system reaffirmed its 2025 guidance. Ardent is expecting total 2025 revenue between $6.2 billion and $6.45 billion. The system is expecting full-year net income between $245 million and $285 million.
