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Ardent Health Partners ARDT Self-pay and other — Net patient service revenue

Other product segments

Other managed care
$688.45M-4.9%
Medicare
$651.54M+1.2%
Medicaid
$159.64M-0.1%

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Other financials

Income statement

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Revenue$1.6B-1.4%
Gross profit$1.6B-1.6%
Net income$16.9M-76.8%
EPS (diluted)$0.12-76.9%

Balance sheet

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Cash & equivalents$724.5M+34.0%
Total debt$1.2B-0.6%
Total equity$1.4B+7.6%
Total assets$5.3B+5.0%

Cash flow

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Operating cash flow$196.7M+67.4%
CapEx$38.7M-16.3%
Free cash flow$158.1M+122%

Valuation

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Market cap$1.66B+2.7%
Enterprise value$2.09B-6.5%
P/E21.2×+14.9×
P/S0.3×0.0×

Profitability

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Gross margin97.4%-0.1pp
Net margin1.2%-2.9pp
FCF margin4.8%+3.0pp

Returns & leverage

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Return on equity6%-19.6pp
Debt / equity0.9×-0.1×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Ardent Health Partners in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Ardent Health Partners’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055215
Line itemThree Months Ended June 30, 2026 / AmountThree Months Ended June 30, 2026 / % of TotalThree Months Ended June 30, 2025 / AmountThree Months Ended June 30, 2025 / % of TotalSix Months Ended June 30, 2026 / AmountSix Months Ended June 30, 2026 / % of Total RevenueSix Months Ended June 30, 2025 / AmountSix Months Ended June 30, 2025 / % of Total Revenue
Medicare$651,54440.2%$643,75739.1%$1,320,71241.0%$1,239,39439.5%
Medicaid159,6409.8%159,7339.7%318,5019.9%309,0769.9%
Other managed care688,44842.4%724,05344.0%1,373,01242.6%1,369,20543.6%
Self-pay and other96,1286.0%92,1045.6%167,6115.1%173,0835.4%
Net patient service revenue$1,595,76098.4%$1,619,64798.4%$3,179,83698.6%$3,090,75898.4%
Other revenue26,4851.6%25,6331.6%44,2791.4%51,7561.6%
Total revenue$1,622,245100.0%$1,645,280100.0%$3,224,115100.0%$3,142,514100.0%

Item 6. [Exhibits](#i318ceb938e8c4054acb07fc4f210c650_220) [39](#i318ceb938e8c4054acb07fc4f210c650_220)

FAQ

What is Ardent Health Partners's self-pay and other — net patient service revenue?
Ardent Health Partners (ARDT) reported self-pay and other — net patient service revenue of $96.13M in Q2 2026.
How has Ardent Health Partners's self-pay and other — net patient service revenue changed year-over-year?
Ardent Health Partners's self-pay and other — net patient service revenue increased by 4.4% year-over-year, from $92.1M to $96.13M.
What is the long-term trend for Ardent Health Partners's self-pay and other — net patient service revenue?
Over 3 years (2022 to 2025), Ardent Health Partners's self-pay and other — net patient service revenue has grown at a 17.8% compound annual growth rate (CAGR), from $220.5M to $360.06M.
What does self-pay and other — net patient service revenue mean?
This metric represents the total revenue generated from patients who are uninsured or responsible for their own healthcare costs, as well as other miscellaneous revenue streams within a specific business segment. It measures the financial contribution of non-third-party payer sources to the overall healthcare services revenue. Monitoring this helps assess the company's exposure to patient-level credit risk and the growth of direct-pay service models.

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