v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents [1] $ 495,044 $ 556,785
Accounts receivable [1] 776,519 743,031
Inventories [1] 120,357 115,093
Prepaid expenses [1] 130,375 113,749
Other current assets [1] 238,973 304,093
Total current assets [1] 1,761,268 1,832,751
Assets, Noncurrent [Abstract]    
Property and equipment, net [1] 856,520 861,899
Goodwill [1] 876,589 852,084
Other intangible assets [1] 76,930 76,930
Deferred income taxes [1] 15,835 12,321
Other assets [1] 116,909 142,969
Total assets [1] 4,911,257 4,956,100
Current liabilities:    
Current installments of long-term debt [1] 17,759 9,234
Accounts payable [1] 371,919 401,249
Accrued salaries and benefits [1] 214,170 295,117
Other accrued expenses and liabilities [1] 226,295 239,824
Total current liabilities [1] 830,143 945,424
Liabilities, Noncurrent [Abstract]    
Long-term debt, less current maturities [1] 1,090,549 1,085,818
Self-insured liabilities [1] 226,507 227,048
Other long-term liabilities [1] 31,632 34,697
Total liabilities [1] 3,346,781 3,433,743
Commitments and contingencies [1]
Equity:    
Redeemable noncontrolling interests [1] (192) 1,158
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; no shares issued and outstanding [1] 0 0
Common stock, par value $0.01 per share; 750,000,000 shares authorized; 143,037,764 shares issued and outstanding as of March 31, 2025, and 142,747,818 shares issued and outstanding as of December 31, 2024 [1] 1,430 1,428
Additional paid-in capital [1] 762,615 754,415
Accumulated other comprehensive income [1] 3,928 9,737
Retained earnings [1] 407,179 365,796
Equity attributable to Ardent Health Partners, Inc. [1] 1,175,152 1,131,376
Noncontrolling interests [1] 389,516 389,823
Total equity [1] 1,564,668 1,521,199
Total liabilities and equity [1] 4,911,257 4,956,100
Nonrelated Party    
Assets, Noncurrent [Abstract]    
Operating lease right of use assets [1] 281,332 248,040
Liabilities, Noncurrent [Abstract]    
Long-term operating lease liability [1] 252,113 221,443
Related Party    
Assets, Noncurrent [Abstract]    
Operating lease right of use assets [1] 925,874 929,106
Liabilities, Noncurrent [Abstract]    
Long-term operating lease liability [1] $ 915,837 $ 919,313
[1] As of March 31, 2025 and December 31, 2024, the unaudited condensed consolidated balance sheets included total liabilities of consolidated variable interest entities of
$304.8 million and $306.4 million, respectively. Refer to Note 2, Summary of Significant Accounting Policies, for further discussion.