Vanguard Health Systems
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Vanguard Health Systems was an operator of hospitals and other medical facilities in five
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Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...
, and
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
. The company's headquarters were located in
Nashville, Tennessee Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in the state, 21st most-populous city in the U.S., and ...
. Vanguard owned twenty-six hospitals, including the ten
Detroit Medical Center The Detroit Medical Center (DMC) is a for-profit alliance of hospitals that encompasses over 2,000 licensed beds, 3,000 affiliated physicians and over 12,000 employees. Located in Midtown Detroit, the DMC is affiliated with medical schools from Wa ...
hospitals in
Detroit Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at t ...
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Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...
, five in
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, four in the
Chicago area The Chicago metropolitan area, also colloquially referred to as Chicagoland, is a metropolitan area in the Midwestern United States. Encompassing 10,286 sq mi (28,120 km2), the metropolitan area includes the city of Chicago, its suburbs and hi ...
, four in the
Phoenix, Arizona Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the on ...
area, and controlled an additional three hospitals through joint ventures, for a total of 6,201 licensed beds (). On February 26, 2001, Charles N. Martin, Jr., Chairman, President and CEO of Vanguard Health Systems in Nashville and other investors invested $3.2 million to the combined companies of Health Connections Inc. and Coactive Systems Corporation. Charles N. Martin, former CEO of Ornda Healthcorp, started Vanguard with funding from
Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
.
The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
acquired a majority stake in Vanguard in 2004. The company went public in 2011, with Blackstone continuing to have a controlling stake. Vanguard was acquired by
Tenet Healthcare Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, including United Surgical Partners International (U ...
in 2013.


Hospital systems

* Abrazo Health Care * Arizona Heart Hospital * Arizona Heart Institute * Arrowhead Hospital *
Baptist Health System Baptist Health System is a hospital and medical facility system located in San Antonio in the U.S. state of Texas. History In 1903 a group of 30 or more physicians, members of the young Bexar County Medical Society, together with about 30 business ...
*
Detroit Medical Center The Detroit Medical Center (DMC) is a for-profit alliance of hospitals that encompasses over 2,000 licensed beds, 3,000 affiliated physicians and over 12,000 employees. Located in Midtown Detroit, the DMC is affiliated with medical schools from Wa ...
* Louis A. Weiss Memorial Hospital * Macneal Hospital * Maryvale Hospital Medical Center *
Paradise Valley Hospital (Arizona) Abrazo Scottsdale Campus (formerly Paradise Valley Hospital) is an acute care hospital located in Phoenix, Arizona, in the United States. Abrazo Scottsdale Campus offers orthopedic services, sports medicines, rehabilitation services, diagnostic ...
* Phoenix Baptist Hospital & Medical Center * Westlake Hospital * West Suburban Medical Center * West Valley Hospital


References


External links

{{authority control Tenet Healthcare Hospital networks in the United States Companies based in Nashville, Tennessee Companies formerly listed on the New York Stock Exchange American companies established in 1997 Hospitals established in 1997 2013 mergers and acquisitions Medical and health organizations based in Tennessee