Ardent Health on the Lookout for M&A, JV Deals Following Strong Q1 Performance

Ardent Health reported a solid first-quarter performance and told investors it plans to move forward its existing and new market growth strategy. “We continue to sharpen our focus on market share growth, taking a disciplined approach to evaluating opportunities in both the ambulatory space as well as acute care hospitals,” President and CEO Marty Bonick said after a recap of Ardent’s performance. “With leverage of three times and ample cash [$495 million], we will continue to assess opportunities to execute on this strategy.”

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Source: https://www.fiercehealthcare.com/providers/ardent-health-lookout-ma-deals-following-strong-q1-performance

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