M&A Deal Summary

Ascension Health Acquires Ardent Health Services - 323-Bed Bay Medical

On November 27, 2018, Ascension Health acquired healthcare services company Ardent Health Services - 323-Bed Bay Medical from Ardent Health Services

Acquisition Highlights
  • This is Ascension Health’s 3rd transaction in the Healthcare Services sector.
  • This is Ascension Health’s 3rd transaction in the United States.
  • This is Ascension Health’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2018-11-27
Target Ardent Health Services - 323-Bed Bay Medical
Sector Healthcare Services
Buyer(s) Ascension Health
Sellers(s) Ardent Health Services
Deal Type Divestiture

Target

Ardent Health Services - 323-Bed Bay Medical

Nashville, Tennessee, United States
Ardent Health Services - 323-Bed Bay Medical is the nation's largest non-profit health system.

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Buyer(S) 1

Buyer

Ascension Health

St. Louis, Missouri, United States

Category Company
Founded 1996
Sector Medical Products
DESCRIPTION

Ascension Health is a provider of high quality, innovative products for the foot, hand and shoulder markets.Ascension develops and sells a full range of implants for the shoulder, elbow, wrist, hand, foot and ankle.


DEAL STATS #
Overall 3 of 3
Sector: Healthcare Services M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 TRIMEDX

Indianapolis, Indiana, United States

TRIMEDX is a provider-driven, clinical asset management organization in the US. The company utilizes its proprietary and highly integrated technology and commercial infrastructure to provide a differentiated, value-added clinical engineering solution to healthcare providers, enabling them to optimize the total cost of ownership for their large fleets of medical equipment and devices. TRIMEDX was founded in 1998 and is based in Indianapolis, Indiana.

Sell -

Seller(S) 1

SELLER

Ardent Health Services

Brentwood, Tennessee, United States

Category Company
Founded 1993
Sector Healthcare Services
Employees19,200
Revenue 6.0B USD (2024)
DESCRIPTION

Ardent Health Services is a premier provider of health care services and operates acute care hospitals across the United States. Ardent is based in Brentwood, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 St. Francis Health Center

Topeka, Kansas, United States

St. Francis Health is a faith-based hospital focused on compassionate person-centered care. With family medicine and specialty clinics throughout the Topeka area, company care for community and families throughout their lives. While company provide high-quality, accessible care, company also focus on community and individual health improvement because we want to keep community healthy and vibrant.

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