Investing.com -- Ardent Health Services, a hospital firm, has experienced a drop in its shares by as much as 11%, reaching a record low.

The company announced that it expects to face ongoing challenges in 2025, as part of its preliminary guidance for the year.

The company noted that the cost increases for hospital-based physician services have continued longer than anticipated. This is one of the factors contributing to the projected challenges.

Ardent Health also identified aggressive payment or denial practices from managed care companies as another factor causing headwinds.

These practices are causing additional financial strain on the hospital firm. The combination of these issues has led to a significant decrease in the company's share price.

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