Ardent Health Services LLC: SWOT Analysis & Company Profile

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					Ardent Health Services LLC

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Ardent Health Services LLC: SWOT
Analysis & Company Profile


Reference code: BRPH176CP10-Q4

Published: Sep 2010




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Ardent Health Services LLC - SWOT Profile                                           Page 1
Ardent Health Services LLC

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Ardent Health Services LLC - Company Overview

Ardent Health Services (Ardent) is a privately owned healthcare company engaged in providing healthcare and health
insurance services in the US. The company operates acute care hospitals, rehabilitation centers and pharmacies across
the US. It also offers health insurance services for more than 22,000 members including health plan, retail pharmacies
and a nationally-recognized medical laboratory. Ardent manages a multi-specialty physician group and a nationally
recognized medical laboratory with business operations in 14 states. It provides a wide range of healthcare services to
two metropolitan cities, Albuquerque and Tulsa through Lovelace health systems and Hillcrest health systems
respectively. The company is headquartered in Nashville (Tennessee), the US.




Ardent Health Services LLC - Key Facts

Ardent Health Services LLC, Key Facts

                                  One Burton Hills Blvd., Ste. 250,
                                  Nashville, Tennessee (TN),          Ticker Symbol, Stock
Corporate Address:                                                                           N/A
                                                                      Exchange
                                  37215, United States


Telephone                         + 1 615 293000                      No. of Employees       7,800



Fax                               N/A                                 Financial Year End     December



URL                               www.ardenthealth.com



Industry                          Pharmaceuticals and Healthcare



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Ardent Health Services LLC - SWOT Profile                                                                      Page 2
Ardent Health Services LLC

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Ardent Health Services LLC - Business Description

Ardent Health Services (Ardent) is a healthcare services company that provides acute healthcare services through its
seven acute care hospitals and one rehabilitation center. The hospitals cater to the various services like general surgery,
internal medicine, emergency room care, orthopedics, neurosurgery, radiology, oncology, diagnostic care, cardiovascular
services, pediatric services and behavioral health services. The company manages a multi speciality physician group of
172 physicians. Its other facilities include a medical laboratory for pathology services. Company also owns 12 retail
pharmacies and offers health plan services for 222,000 members. The company employs 7,800 people.

The company provides excellent healthcare services to two metropolitan cities Albuquerque and Tulsa through Lovelace
health systems and Hillcrest health systems respectively.

The company acquired Albuquerque based Lovelace Health system in 2003, which manages four hospitals, 11
pharmacies and Lovelace health plan. Lovelace Health system is a network of acute care hospitals which include
Lovelace Women’s Hospital, Lovelace Westside Hospital, Lovelace Rehabilitation Hospital. It serves throughout the
Albuquerque and Rio Rancho metropolitan area. It also operates 11 neighborhood Lovelace Pharmacies.

Under the Lovelace health plan, it provides individual health care plans. Through its new Lovelace iPlan it offers various
options such as hospital stays, ER visits, and regular doctor’s appointments. In July 2003, the Lovelace Sandia Health
System merged its laboratories with S.E.D. Medical Laboratories. S.E.D. Medical Laboratories is a drugs-of-abuse testing
laboratory. It is a nationally recognized, full-service medical and federally certified laboratory that offers clinical and
anatomic laboratory services to physicians, medical facilities and other healthcare providers in the US. It also provides
direct access to the public for testing a selected menu of tests.

In Tulsa, Ardent operates Hillcrest Healthcare System which manages five medical centers, a heart institute and
rehabilitation center. They manage Oklahoma State University Medical Center, Bailey Medical Center, Hillcrest Specialty
Hospital, Cushing Regional Hospital and Henryetta Medical Center in Tulsa. Through its Hillcrest Healthcare System, the
company offers several services including burn care, cancer care, Children’s care, Diabetes, emergency care, heart care,
home care, hospice, pastoral care, women’s care etc. Bailey Medical Center provides primary and specialty health care
facilities at Oklahoma.

The company has a state-of-the art national medical laboratory in Tennessee. Apart from that, it also has multi-specialty
physician groups. The company’s hospitals in Albuquerque and Tulsa received accreditation from the Joint Commission.
Its Lovelace Health Plan is accredited for its quality by the National Committee. Lovelace Medicaid Plan ranked 22nd in
the nation by the US News and World report. The company has bought Forum Health, an ohio based company for USD
70 million. The company made plans to spend USD 50 million to 0 million over the next five years for the three hospitals
that comes under its management which include Hillside Rehabilitation Hospital, Trumbull Memorial hospital and
Northside Medical Center. The acquisition also includes two diagnostic imaging centers, five laboratories and two
physician groups.




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Ardent Health Services LLC - SWOT Profile                                                                         Page 3
Ardent Health Services LLC

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Ardent Health Services LLC - Major Products and Services

Ardent Health Services is a provider of health care services to communities. The company’s key services include the
following:

Source: Annual Report, Company Website, Primary and Secondary Research




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