Health CareFriday, November 13
Boone County commissioners approve the $47 million sale of Boone Health to Ardent Health
The Daily Columbia team
If you or someone you know uses Boone Hospital Center, here's what's changing. The Boone County Commission voted 3-0 Thursday to approve the sale to Tennessee-based Ardent Health, a for-profit, publicly traded company. Boone Health will lose its nonprofit status, and Ardent is paying $47 million in cash, according to a news release from the two companies.
Ardent is paying $47 million and promising $200 million more
- $47 million
- cash purchase price for Boone Health
- $200 million
- Ardent's planned investment over 10 years
- 392
- beds at the hospital in the deal
- 19
- sites of care in the deal
Boone Health keeps its name. CEO Brady Dubois said patients won't notice anything at first. Ardent has near-term plans to expand the emergency department and modernize the operating rooms.
- Closing: expected in the first quarter of 2027
- Until then: Boone Health and Ardent operate separately
- Ardent's reach: 30 hospitals, but only one in Missouri
The Boone Health sale moved from first reading to a $47 million deal
- Nov. 10The county commission holds a first reading of the sale proposal.
- Nov. 12The commission votes 3-0 to approve the sale.
- Nov. 12Boone Health and Ardent announce the deal at Boone Hospital Center.
- Q1 2027The transaction is expected to close.
Some people asked about ownership. Ardent Chief Medical Officer FJ Campbell took those questions: the private equity company Equity Group Investments owns 54% of Ardent. Campbell said it is difficult to prioritize profits in health care without good patient care.