Quorum Health Corporation Completes Sale of Hospital in Alabama
October 31 2017 - 5:10PM
Business Wire
Quorum Health Corporation (NYSE: QHC) announced today that an
affiliate of the Company completed the transaction for the
divestiture of 72-bed L.V. Stabler Memorial Hospital in Greenville,
Alabama and its associated assets, to The Health Care Authority of
the City of Greenville – L.V. Stabler Hospital, an Alabama Public
Corporation. The transaction will be effective as of 11:59 p.m.
Eastern Time on October 31, 2017.
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 31 affiliated hospitals with an aggregate of
approximately 3,000 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.
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Quorum Health CorporationMichael J. Culotta,
615-221-3502Executive Vice President and Chief Financial
OfficerorShelly K. Schussele, 615-221-1400Senior Director, Investor
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