Quorum Health Corporation Completes Sale of Hospital in Tennessee
QUORUM HEALTH CORP (QHC)
Last quorum health corp earnings: 8/7 04:30 pm
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quorumhealth.com/investor-relations
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Source: Business Wire
BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) announced today that the Company has completed the sale of the physical assets of the 45-bed McKenzie Regional Hospital in McKenzie, Tennessee to Baptist Memorial Health Care. The transaction was effective on September 30, 2018. Prior to the completion of the transaction, the Company had discontinued all operations at the facility. All net proceeds from the transaction 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 27 affiliated hospitals in rural and mid-sized markets located across 14 states with an aggregate of 2,604 licensed beds. The Company also operates Quorum Health Resources,
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