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Article: Nashville, Tenn., Company to Purchase Albuquerque, N.M., Hospital.

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Knight Ridder/Tribune Business News
Article date:
April 3, 2002
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By Winthrop Quigley, Albuquerque Journal, N.M. Knight Ridder/Tribune Business News

Apr. 3--The likely buyer of St. Joseph Healthcare is too new to have a track record, but it has a lot of history.

And even though Ardent Health Services of Nashville has yet to finalize a purchase agreement with Denver's Catholic Health Initiatives, it already has a number of New Mexico connections.

Ardent and Catholic Health Initiatives announced March 20 they had executed a nonbinding letter of intent to "pursue the sale" of St. Joseph. Ardent is performing due diligence -- the exhaustive financial, legal and business evaluation that is the prelude to a ...

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