Ardent Health Partners, Inc.(ARDT) - 2025 Q4 - Earnings Call Presentation

4Q25 Earnings Presentation March 4, 2026 Important Disclaimers Forward-Looking Statements Non-GAAP Financial Information We have included certain financial measures in this presentation that have not been prepared in a manner that complies with U.S. generally accepted accounting principles ("GAAP"), including Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDAR, Adjusted EBITDAR margin and free cash flow, net of noncontrolling interest distributions. We define these terms as follows: Adjusted EBITDA an ...