Ventas Stock Price, News & Analysis

Cadence has announced a partnership with Ardent Health Services to implement a remote patient monitoring program across Ardent's network of 30 hospitals and 200 care sites in six states. This program focuses on improving patient outcomes, reducing Medicare spending, and enhancing care delivery, particularly for patients with chronic conditions such as hypertension and diabetes. The partnership aims to alleviate burdens on clinicians and offers personalized care by monitoring patients' vitals daily. Initial rollout began at Utica Park Clinic in Tulsa, Oklahoma, with expansion planned over the next year.

Ardent Health Services has appointed Dr. Brad Hoyt as the new Chief Medical Information Officer (CMIO). With nearly 30 years of clinical expertise, Dr. Hoyt will optimize electronic health records and lead tech-enabled improvements across Ardent's 30 hospitals and 200 sites. Under his leadership, Ardent aims to enhance clinical performance, evidenced by achieving Level 9 in the Epic Gold Star Program. This move reflects Ardent's commitment to leveraging data to improve healthcare outcomes and workflows.

Signify Health expands its relationship with Ardent Health Services as Ardent transitions from the BPCI-A program to a Signify-supported accountable care organization (ACO) in 2023.

The collaboration aims to manage risk and deliver high-quality care for Medicare patients, aligning with CMS goals for accountable care.

Notably, Ardent has achieved a 26% reduction in 90-day readmission rates, enhancing patient outcomes. This partnership also follows Signify's acquisition of Caravan Health, bolstering its ACO capabilities, with participants historically earning shared savings.

HealthTrust Performance Group and Ardent Health Services have renewed their long-term partnership for supply chain management and group purchasing. This new ten-year agreement ensures Ardent providers have access to favorable pricing and contracting across a wide range of healthcare supplies. Ardent operates 30 hospitals and nearly 200 non-acute care sites, handling over 2.7 million patient encounters annually. Both organizations emphasized the importance of sustainability in supply services amid recent supply chain disruptions.

Ventas, Inc. (NYSE: VTR) has declared a quarterly dividend of $0.45 per common share, payable on January 19, 2023, to shareholders recorded by the close of business on January 3, 2023. Ventas operates over 1,200 properties across the U.S., Canada, and the U.K., focusing on healthcare real estate driven by demographic demand. With over 20 years of a successful, diversified strategy, Ventas emphasizes financial strength, reliable growth, and significant ESG achievements.

Ardent Health Services and BioIntelliSense have launched a continuous patient monitoring initiative using BioIntelliSense’s BioButton wearable devices to enhance clinical workflow. With implementation starting at BSA Hospital in Amarillo, Texas, the program collects vital signs up to 1,440 times daily, compared to traditional methods that collect data only 4-6 times. The initiative aims to reduce hospital stays and improve patient outcomes. The partnership employs advanced analytics integrated with Ardent’s Epic electronic health records for effective patient monitoring.

Ventas, Inc. (NYSE: VTR) announced its participation in investor meetings at Nareit’s REITworld 2022 Annual Conference on November 15-16, 2022. Accompanying materials will be available on the Company’s website around November 14, 2022, and archived for a limited time thereafter.

Ventas is an S&P 500 company operating in healthcare and real estate, with over 1,200 properties across the U.S., Canada, and the UK. The Company focuses on senior living, life sciences, and healthcare real estate, backed by a 20-year successful diversification strategy.

Ventas (NYSE: VTR) reported its Q3 2022 financial results, revealing a net income attributable to common stockholders of $0.00 per share, while Normalized FFO was $0.76, benefiting from $20 million in HHS grants. The company's same-store cash Net Operating Income (NOI) grew 4.8%, with the Senior Housing Operating Portfolio (SHOP) segment seeing a significant 13% increase. Ventas anticipates Q4 growth in SHOP cash NOI ranging from 15% to 21%, despite challenges from rising interest rates. The company maintains a strong balance sheet with $2.5 billion in liquidity and favorable debt maturity profiles.