v3.25.1
Segments
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segments Segments
The Company has one reportable segment: healthcare services. The healthcare services segment generates revenues by
delivering care to its customers, or patients, through its integrated network of hospitals, ambulatory facilities, and physician
practices. The Company's Chief Operating Decision Maker ("CODM") is its President and Chief Executive Officer, who
regularly reviews financial operating results on a consolidated basis for purposes of allocating resources and evaluating
financial performance. The Company’s CODM manages the operations on a consolidated basis to make decisions about
overall company resource allocation and to assess overall company performance.
The CODM’s assessment of segment performance and allocation of segment resources is based on consolidated net income
attributable to Ardent Health Partners, Inc. The CODM uses this consolidated profitability measure to monitor budget versus
actual results, compare Company profitability period-over-period and make capital investment decisions.
The following table presents the composition of consolidated net income attributable to Ardent Health Partners, Inc. for the
healthcare services segment, including significant expenses that are regularly provided to and reviewed by the CODM (in
thousands):
Three Months Ended March 31,
2025
2024
Total revenue
$1,497,234
$1,439,046
Less:
Employee salaries and benefits
632,843
594,194
Contract labor
24,809
27,315
Supplies
258,855
257,781
Medical professional fees
103,871
97,488
Contract services
176,986
167,206
Other segment items (1)
258,487
268,015
Net income attributable to Ardent Health Partners, Inc.
$41,383
$27,047
(1)    Other segment items included in net income attributable to Ardent Health Partners, Inc. for each of the periods
presented primarily consists of rent expense, interest expense, depreciation and amortization, income tax expense,
other operating expenses, other non-operating gains and net income attributable to noncontrolling interests.
The measure of segment assets is reported on the unaudited condensed consolidated balance sheets as total consolidated
assets. The accounting policies for the segment are consistent with the consolidated accounting policies provided in Note 2.
As of March 31, 2025 and December 31, 2024, all of the Company’s long-lived assets were located in the United States, and
for the three months ended March 31, 2025 and 2024, all revenue was earned in the United States.