M&A Deal Summary

The University of Kansas Health System and Ardent Health Services Acquire St. Francis Health Center

On May 4, 2017, The University of Kansas Health System and Ardent Health Services acquired healthcare services company St. Francis Health Center

Acquisition Highlights
  • This is The University of Kansas Health System’s 1st and Ardent Health Services’ 3rd transaction in the Healthcare Services sector.
  • This is The University of Kansas Health System’s 1st and Ardent Health Services’ 3rd transaction in the United States.
  • This is The University of Kansas Health System’s 1st and Ardent Health Services’ 1st transaction in Kansas.

M&A Deal Summary

Date 2017-05-04
Target St. Francis Health Center
Sector Healthcare Services
Buyer(s) The University of Kansas Health System
Ardent Health Services
Deal Type Add-on Acquisition

Target

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.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

The University of Kansas Health System

Kansas City, Kansas, United States

Category Company
Sector Healthcare Services
DESCRIPTION

The University of Kansas Health System is the region's premier academic medical center, providing a full range of care. The hospital is affiliated with the University of Kansas Schools of Medicine, Nursing and Health Professions, and their various leading-edge research projects. The constantly growing facility contains 747 staffed beds (plus 24 bassinets) and serves more than 37,500 inpatients annually. Eleven of its medical and surgical specialty areas are ranked nationally by the U.S. News & World Report "Best Hospital" lists, including Cancer (#25), Cardiology & Heart Surgery (#38 tie), Diabetes & Endocrinology (#33), Ear, Nose & Throat (#31), Gastroenterology and GI Surgery (#35), Geriatrics (#13), Gynecology (#38), Neurology & Neurosurgery (#22), Orthopedics (#35), Pulmonology (#28) and Urology (#17).


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Buyer

Ardent Health Services

Brentwood, Tennessee, United States

Category Company
Founded 1993
Sector Healthcare Services
Employees15,300
Revenue 5.4B USD (2023)
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 3 of 3
Sector (Healthcare Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Kansas) 1 of 1
Country (United States) 3 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-13 LHP Hospital Group

Plano, Texas, United States

LHP Hospital Group, Inc. is a privately held hospital company that will own, operate and manage acute care hospitals in small cities and in select urban markets throughout the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-27 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.

Sell -