v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents [1] $ 540,629 $ 556,785
Accounts receivable [1] 758,641 743,031
Inventories [1] 118,403 115,093
Prepaid expenses [1] 127,883 113,749
Other current assets [1] 331,558 304,093
Total current assets [1] 1,877,114 1,832,751
Assets, Noncurrent [Abstract]    
Property and equipment, net [1] 870,377 861,899
Goodwill [1] 877,681 852,084
Other intangible assets [1] 76,930 76,930
Deferred income taxes [1] 17,072 12,321
Other assets [1] 111,194 142,969
Total assets [1] 5,027,254 4,956,100
Current liabilities:    
Current installments of long-term debt [1] 19,333 9,234
Accounts payable [1] 364,450 401,249
Accrued salaries and benefits [1] 259,160 295,117
Other accrued expenses and liabilities [1] 237,930 239,824
Total current liabilities [1] 880,873 945,424
Liabilities, Noncurrent [Abstract]    
Long-term debt, less current installments [1] 1,090,390 1,085,818
Self-insured liabilities [1] 220,839 227,048
Other long-term liabilities [1] 31,820 34,697
Total liabilities [1] 3,380,879 3,433,743
Commitments and contingencies (see Note 9) [1]
Redeemable noncontrolling interests [1] (1,751) 1,158
Equity:    
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; 143,098,506 shares issued and outstanding as of June 30, 2025, and 142,747,818 shares issued and outstanding as of December 31, 2024 [1] 1,431 1,428
Additional paid-in capital [1] 773,422 754,415
Accumulated other comprehensive income (loss) [1] (396) 9,737
Retained earnings [1] 480,129 365,796
Equity attributable to Ardent Health, Inc. [1] 1,254,586 1,131,376
Noncontrolling interests [1] 393,540 389,823
Total equity [1] 1,648,126 1,521,199
Total liabilities and equity [1] 5,027,254 4,956,100
Nonrelated Party    
Assets, Noncurrent [Abstract]    
Operating lease right of use assets [1] 274,338 248,040
Liabilities, Noncurrent [Abstract]    
Long-term operating lease liability [1] 244,741 221,443
Related Party    
Assets, Noncurrent [Abstract]    
Operating lease right of use assets [1] 922,548 929,106
Liabilities, Noncurrent [Abstract]    
Long-term operating lease liability [1] $ 912,216 $ 919,313
[1] As of June 30, 2025 and December 31, 2024, the unaudited condensed consolidated balance sheets included total liabilities of consolidated variable interest entities of $315.7
million and $306.4 million, respectively. Refer to Note 2, Summary of Significant Accounting Policies, for further discussion.