Vanguard Health Systems was an operator of 25 acute care and specialty hospitals in Arizona, Massachusetts, Michigan, Illinois, and Texas.
The company was founded by Charles N. Martin with start-up funding from Morgan Stanley.
The Blackstone Group bought a controlling interest in Vanguard Health Systems in 2004.
The company went public on 2011, trading on the New York Stock Exchange under the ticker symbol VHS.
Vanguard Health Systems was acquired by Tenet Healthcare in 2013. The acquisition created the third-largest investor-owned hospital company in the United States by revenue.
Vanguard Health SystemsVanguard Health Systems was an operator of 25 acute care and specialty hospitals in Arizona, Massachusetts, Michigan, Illinois, and Texas.
The company was founded by Charles N. Martin with start-up funding from Morgan Stanley.
The Blackstone Group bought a controlling interest in Vanguard Health Systems in 2004.
History
The company went public on 2011, trading on the New York Stock Exchange under the ticker symbol VHS.
Vanguard Health Systems was acquired by Tenet Healthcare in 2013. The acquisition created the third-largest investor-owned hospital company in the United States by revenue.
