After five years of independence, Boone Health has a new owner
After a roughly 18 month search, Boone Health has a new owner in the Brentwood, Tennessee-based Ardent Health . Boone Health leaders including Board of Directors Chair Mary Beck, Board of Trustees Chair Jerry Kennett and CEO Brady DuBois announced the sale Thursday afternoon, Nov. 12. Boone Health had operated independently since 2021 when it separated from BJC Health Care. That independent model proved unsustainable, so last year the board of directors and trustees started seeking a partner that could provide "additional capital and resources to support the system's continued growth," per a joint news release from Boone Health and Ardent Health. The agreement between the two entities includes some key commitments: A $200 million capital commitment over 10 years to fund equipment, facility renovations, new facilities and services, physician recruitment and information systems, with emergency department expansion and operating room modernization among the near-term priorities; A commitment to maintain Boone Health's essential hospital services with a focus on strengthening its role as a regional referral center; Continued employment for all active Boone Health employees, physicians and advanced practice providers in good standing; Establishment of a local advisory board for Boone Hospital Center, ensuring Columbia and Mid-Missouri stakeholders have an
