Ardent Health has cash to burn and is setting its sights on ambulatory care deals. The for-profit system, which completed an initial public offering in July, is “actively evaluating” potential deals, including investments in ambulatory sites such as urgent care centers, ambulatory surgery centers, freestanding emergency rooms and physician clinics, CEO Marty Bonick said on the company’s first post-IPO earnings call with financial analysts. “Urgent care facilities are currently our most immediate focus, as they broaden our geographic footprint and access to new patients in our communities,” Bonick said. “I would expect to see growth in the second half of this year based upon what’s in our pipeline.”
Read the full article: Ardent Health Looking at Urgent Care Acquisitions Post-IPO //
Source: https://www.modernhealthcare.com/providers/ardent-health-urgent-care-acquisitions-ipo