Ardent Health Agrees to Acquire Boone Health for $47M

Ardent Health announced a definitive agreement Nov. 12 to acquire Columbia, Missouri-based Boone Health for $47 million in cash, according to a news release from the two parties. The deal includes Boone Health's 392-bed Boone Hospital Center, Boone Health Medical Group, 19 care sites and associated real estate. Ardent has committed $200 million in capital investment over 10 years, continued employment for active employees and physicians, a local advisory board for Boone Hospital Center, and continuation of its charity care policy. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions, and the two systems will operate separately until then.