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Ardent Health, Inc. agreed to acquire Boone Health for $47 million in cash, including Boone Hospital Center and 19 sites of care; closing is expected in the first quarter of 2027.
Ardent expects its multi-year Impact program to deliver at least $70 million in savings this year and provide a tailwind into 2027, when focus shifts toward smart service-line additions and disciplined M&A.
Ardent Health reported third-quarter revenue of $1.62 billion and adjusted EBITDA of $138 million, raised its 2026 adjusted EBITDA outlook to $500 to $535 million, and agreed to divest its Kansas hospital ownership at 11 times EBITDA.
Ardent Health, Inc. agreed to sell its 70.5% equity interest in St. Francis to the University of Kansas Hospital Authority for $58.4 million; the sale is expected to close in the fourth quarter of 2026.
Ardent Health, Inc. reclassified Martin J. Bonick’s separation effective June 2, 2026 as termination for “Cause,” discontinuing approximately $4.5 million of unpaid cash severance and cancelling or forfeiting his outstanding unvested PRSUs; no financial results require revision.
