Core Viewpoint - Ardent Health, Inc. is under investigation for potential violations of federal securities laws due to improper accounting practices related to accounts receivable and professional liability reserves [1][2]. Group 1: Investigation Details - The investigation is being conducted by Bleichmar Fonti & Auld LLP, a leading securities law firm [1]. - Ardent Health operates a network of hospitals, ambulatory facilities, and physician practices in mid-sized urban communities across the U.S. [2]. Group 2: Financial Impact - On November 12, 2025, Ardent reported a $43 million decrease in revenue for Q3 2025 after conducting "hindsight evaluations of historical collection trends" [3]. - The company also increased its professional liability reserves by $54 million due to adverse prior period claim developments from 2019 to 2022 and broader industry trends [3]. - Following these announcements, Ardent's stock price dropped over 33% during trading on November 13, 2025 [3].
ARDT NEWS: Ardent Health, Inc. Investigated for Securities Violations after Stock Plummets 33% -- Investors Notified to Contact BFA Law