PureHealth completes AED1.8bn+ transaction to acquire stake in US healthcare provider

PureHealth completes AED1.8bn+ transaction to acquire stake in US healthcare provider

Abu Dhabi, UAE: PureHealth, the largest integrated healthcare platform in the Middle East, has become the only UAE-based healthcare provider to directly acquire assets in US hospitals and clinics, following the completion of its more than AED1.8 billion purchase of a minority equity investment in Ardent Health Services, a leading US healthcare provider based in Nashville, Tennessee.

The landmark transaction reflects PureHealth’s global expansion, building on the group’s existing footprint of more than 25 hospitals, more than 100 clinics, and more than 160 laboratories in the UAE, while Ardent is the fourth-largest privately held healthcare system in the US with more than 1,400 aligned providers, 30 hospitals, more than 23,000 employees and more than 200 sites of care across six US states.

Farhan Malik, Managing Director and CEO of PureHealth, said: “We are proud to be the first UAE-based healthcare group to acquire assets in the US. The conclusion of this transaction marks the beginning of a new phase of growth for PureHealth in which we will build on our global relationships and strengthen our international reputation.”

Farhan added: “As the region’s largest healthcare group, we are committed to working with our partners to advance patient-centric care and elevate healthcare systems. We remain