Ardent Health to acquire Missouri nonprofit Boone Health for $47 million cash
Ardent Health announced it will buy Boone Health, a 392‑bed nonprofit system in Columbia, Missouri, for $47 million in cash. The transaction includes a $200 million capital commitment over ten years and is slated to close in the first quarter of 2027, subject to customary conditions. Boone generates roughly $480 million to $500 million of annual revenue and holds about 30 % market share in its region. Ardent expects the deal to add $5 million‑$10 million of EBITDA in the first year and $30 million of annual synergies by year three.
Why it matters
BofA Securities raised its price target on Ardent Health to $14 from $12, citing the acquisition’s EBITDA upside. Mizuho also lifted its target to $21, reflecting the perceived value of the deal.
Key facts
- 1Ardent Health agreed to acquire Boone Health for $47 million in cash. tradingview.com
- 2The transaction is expected to close in the first quarter of 2027. tradingview.com
- 3Ardent committed to invest $200 million in capital over ten years. investing.com
- 4Boone Health generates $480 million in annual revenue. investing.com
- 5Boone Health holds about 30 % market share in its region. fiercehealthcare.com
- 6BofA projects the deal will add $5 million‑$10 million of EBITDA in year one, rising to $30 million‑$40 million by year three. investing.com
Open questions
- Boone Health’s annual revenue is reported as $480 million and $500 million.
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.