Ardent Health Agrees To Acquire Boone Health For Purchase Price Of $47M In Cash

• Expands Ardent’s footprint into an attractive mid-sized Missouri market with a scaled health system that generates ~$480 million of annual revenue1
• Provides $200 million capital commitment over 10 years to expand access, invest in facilities and technology, and recruit physicians to Mid-Missouri
• Transaction expected to deliver 6-8% accretion in year three to Ardent’s Adjusted EBITDA
• Ardent management to host conference call at 5 p.m. Eastern Time today, November 12, 2026, to discuss details of the transaction

Ardent Health (NYSE:ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced a definitive agreement to acquire Boone Health, a not-for-profit health system based in Columbia, Missouri, for a purchase price of $47 million in cash. The acquisition will include the 392-bed Boone Hospital Center, Boone Health Medical Group, 19 sites of care, related ancillary services and associated real estate. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions.