# Noland Health Services

Noland Health Services is an Endowment / Foundation based in Birmingham, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Birmingham, United States
- **Region:** North America
- **Address:** 600 Corporate Parkway Suite 100, Birmingham, AL 35242, United States
- **Founded:** 1951
- **Assets under management:** 395 (Altss estimate)
- **Website:** nolandhealth.com
- **LinkedIn:** https://www.linkedin.com/company/noland-health-services

## Regulatory record

- **Reports private funds:** No

## About

Noland Health Services was established in 1951 as the operating successor to the Lloyd Noland Foundation. The organization runs a network of long-term acute care hospitals embedded in partner health systems and multiple senior living campuses. Its asset allocation includes a 24 percent allocation to private equity. Confirmed holdings consist of direct ownership stakes in Noland Hospital Birmingham, Noland Hospital Anniston, Noland Hospital Dothan, Noland Hospital Montgomery, Noland Hospital Tuscaloosa, Greenbriar at the Altamont, Oaks on Parkwood, and Village at Cook Springs. All facilities are located in Alabama. The firm employs no disclosed investment professionals beyond its executive team. It maintains membership in the Alabama Nursing Home Association and the Alabama Hospital Association. In 2024 Barbara Estep was named CEO, succeeding Carol Knight. Noland Health Services operates as a not-for-profit with a predecessor charitable foundation structure. Governance flows through a board chaired by Rip Britton and day-to-day management by the CEO and CFO.

## Sectors

- Healthcare Services

## People

- Barbara Estep — CEO
- Nicholas V. Renda — EVP & CFO
- Rip Britton — Board Chair

## Questions

### Who runs investment decisions at Noland Health Services?

Barbara Estep serves as CEO. Nicholas V. Renda serves as EVP and CFO. Rip Britton serves as Board Chair.

### Does Noland Health Services participate in fund commitments or only direct deals?

The organization holds a 24 percent allocation to private equity and maintains direct ownership of its hospital and senior living assets.

### What investment stages does Noland Health Services typically target?

No stage preferences are disclosed. The firm maintains operating ownership of healthcare real estate and related businesses.

### How is Noland Health Services related to Lloyd Noland Foundation?

The Lloyd Noland Foundation is the predecessor organization and charitable arm associated with Noland Health Services.

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- [Adams County Retirement Plan](https://altss.com/profile/adams-county-retirement-plan)
- [Indianapolis Museum of Art](https://altss.com/profile/indianapolis-museum-of-art)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/noland-health-services

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