July 30, 2014 6:53 AM ET

Healthcare Providers and Services

Company Overview of AHS Medical Holdings LLC

Company Overview

AHS Medical Holdings LLC, doing business as Ardent Health Services, through its subsidiaries, owns and operates a network of health systems that provide health care services for patients and their families in the United States. The company operates acute care hospitals, a rehabilitation hospital, multi-specialty physician groups, a member health plan, and retail pharmacies. It serves communities in Albuquerque, New Mexico; Amarillo, Texas; and Tulsa, Oklahoma. AHS Medical Holdings LLC was formerly known as Ardent Health Services LLC. The company was founded in 1993 and is based in Nashville, Tennessee. AHS Medical Holdings LLC is a former subsidiary of Kindred Healthcare Inc.

One Burton Hills Boulevard

Suite 250

Nashville, TN 37215

United States

Founded in 1993

15,300 Employees

Phone:

615-296-3000

Fax:

615-269-5397

Key Executives for AHS Medical Holdings LLC

Chief Executive Officer
Age: 63
Chief Financial Officer
Age: 75
Chief Executive Officer of Lovelace Sandia Health System and President of Lovelace Sandia Health System
Age: 58
Chief Executive Officer of BSA Health System and President of BSA Health System
President of New Mexico Division
Compensation as of Fiscal Year 2014.

AHS Medical Holdings LLC Key Developments

Baptist Community Services and Ardent Health Services LLC Announce New BSA Joint Venture

Baptist Community Services and Ardent Health Services LLC have formed a new joint venture which will own and operate BSA Health System. The agreement represents a significant ownership change for BSA. The joint venture will include the 445-bed hospital, the Don & Sybil Harrington Cancer Center, a network of primary care, urgent care, surgical and bariatric clinics, a preferred provider network and BSA's partnership interests in Physicians Surgical Hospitals, ADC Endoscopy, and Advanced Imaging Center. Baptist Community Services and CHRISTUS Health have owned and operated the system since 1996. Ardent subsidiaries own and operate 11 hospitals, a health plan, two multi-specialty physician groups and 11 retail pharmacies. Its affiliate healthcare operations serve Tulsa, Okla. and surrounding communities and Albuquerque and Roswell, N.M. Key Commitments: As part of the new joint venture, Ardent Health Services will, among other commitments: Preserve the BSA mission and its name, as well as the names of its affiliates. Invest $50 million into two specific projects: Construction of a new expanded Emergency Room, one large enough to more than handle current and future emergency volumes. Building a new cancer clinical facility that will house the patient care services of the Harrington Cancer Center. Invest significant capital -- $75 million - into BSA over the next five years for additional services, new equipment and technology and to improve the health system. Guarantee all employees are hired upon the completion of the sale, and that benefits and compensation will remain essentially the same. Endorse and support BSA's current charity care policies. Continue the chaplaincy program which serves the spiritual needs of BSA patients and families. Keep current insurance and payer contracts, so employees in the region whose insurance currently includes BSA as a preferred provider will see no change. Ardent will own 80% of the joint venture, and Baptist Community Services will own 20%. Ardent and Baptist Community Services will each appoint half of the joint venture governing board, which will ensure there will be substantial local governance and representation.

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