Quorum Health Corporation Completes Sale of Hospital in Georgia
April 02 2018 - 8:00AM
Business Wire
Quorum Health Corporation (NYSE: QHC) announced today that
affiliates of the Company completed the transaction for the
divestiture of the 77-bed Clearview Regional Medical Center in
Monroe, GA and its associated assets. The transaction was effective
as of the close of business on March 31, 2018. All net proceeds
will be used to pay down the Term Loan Facility.
About Quorum Health Corporation
Quorum Health Corporation is an operator of general acute care
hospitals and outpatient services in the United States. Through its
subsidiaries, the Company owns, leases or operates a diversified
portfolio of 28 affiliated hospitals with an aggregate of
approximately 2,670 licensed beds. The Company also operates Quorum
Health Resources, LLC, a leading hospital management advisory and
consulting services business. More information about Quorum Health
Corporation can be found at www.quorumhealth.com.
Forward-Looking Statements
Statements contained in this news release regarding expected
operating results, acquisition transactions or divestitures and
other events are forward-looking statements that involve risk and
uncertainties. Actual future events or results may differ
materially from these statements. Readers are referred to the
documents filed by Quorum Health Corporation with the Securities
and Exchange Commission, including the Company’s annual report on
Form 10-K, current reports on Form 8-K and quarterly reports on
Form 10-Q. These filings identify important risk factors and other
uncertainties that could cause actual results to differ from those
contained in the forward-looking statements. The Company undertakes
no obligation to revise or update any forward-looking statements,
or to make any other forward-looking statements, whether as a
result of new information, future events or otherwise.
The terms “QHC,” “Quorum Health,” “the Company,” “we,” “us” or
“our” refer to Quorum Health Corporation or one or more of its
subsidiaries or affiliates as applicable.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180402005194/en/
Quorum Health CorporationInvestor Contact:Alfred Lumsdaine,
615-371-4936Executive Vice President and Chief Financial
Officer
Quorum Health (NYSE:QHC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Quorum Health (NYSE:QHC)
Historical Stock Chart
From Apr 2023 to Apr 2024