The private group with interest in 30 hospitals across the nation has had an approximately $500 million minority stake in it purchased by Abu Dhabi-based Pure Health, which has interest in 25 hospitals, according to a May 2 news release.
The previous stake owner was Chicago-based private investment firm Equity Group Investments. Equity Group Investments continues to have a majority stake in Ardent Health.
Editor’s Note: This corrected version reflects the fact that Equity Group Investments continues to have a majority stake in Ardent Health.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
