Goldman Sachs goes active on Quorum Health

Goldman Sachs is now an active investor in Brentwood, Tenn.-based Quorum Health, according to the Nashville Post.

Goldman, which controls a 9.3 percent stake in Quorum, switched its stance from passive to active in a filing with the Securities and Exchange Commission last week.

In the SEC filing, Goldman says it could attempt to enhance shareholder value by seeking changes in Quorum's strategy, board makeup and other areas, according to the report.

Goldman is the second investor to go active on Quorum this year. In March, Davidson Kempner Capital Management declared itself an active investor, according to the Nashville Business Journal.

More articles on healthcare finance:

Tenet sees revenue slide, posts $27M loss in Q1
Trump administration considering mandatory payment models, Verma says
10 hospitals seeking CFOs


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars