XML 40 R22.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segments
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segments Segments
The Company has one reportable segment: healthcare services. The healthcare services segment generates revenues by delivering care to its customers, or patients, through its integrated network of hospitals, ambulatory facilities, and physician practices. The Company's CODM is its President and Chief Executive Officer, who regularly reviews financial operating results on a consolidated basis for purposes of allocating resources and evaluating financial performance. The Company’s CODM manages the operations on a consolidated basis to make decisions about overall company resource allocation and to assess overall company performance.

The CODM’s assessment of segment performance and allocation of segment resources is based on consolidated net income attributable to Ardent Health Partners, Inc. The CODM uses this consolidated profitability measure to monitor budget versus actual results, compare Company profitability period-over-period and make capital investment decisions.

The following table presents the composition of consolidated net income attributable to Ardent Health Partners, Inc. for the healthcare services segment, including significant expenses that are regularly provided to and reviewed by the CODM (in thousands):
Years Ended December 31,
202420232022
Total revenue$5,966,072 $5,409,483 $5,129,687 
Less:
Employee salaries and benefits2,432,567 2,253,706 2,194,620 
Contract labor102,189 130,356 217,057 
Supplies1,033,122 993,405 955,168 
Medical professional fees399,303 350,799 278,190 
Contract services697,816 629,471 458,109 
Other segment items (1)
1,090,732 997,842 837,634 
Net income attributable to Ardent Health Partners, Inc.$210,343 $53,904 $188,909 
(1)    Other segment items included in net income attributable to Ardent Health Partners, Inc. for each of the periods presented primarily consists of rent expense, interest expense, depreciation and amortization, income tax expense, other operating expenses, other non-operating gains and net income attributable to noncontrolling interests.

The measure of segment assets is reported on the consolidated balance sheets as total consolidated assets. The accounting policies for the segment are consistent with the consolidated accounting policies provided in Note 2.

As of December 31, 2024 and December 31, 2023, all of the Company’s long-lived assets were located in the United States, and for the years ended December 31, 2024, 2023, and 2022, all revenue was earned in the United States.