Quorum Health Completes Divestiture of a Hospital in Texas

4/15/19

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Quorum Health Corporation (NYSE: QHC) today announced that it has completed the sale of the 146-bed Scenic Mountain Medical Center in Big Springs, Texas. The total proceeds from the sale were approximately $22 million, including retained net working capital. 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 26 affiliated hospitals in rural and mid-sized markets located across 14 states with an aggregate of 2,458 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.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.