The outlook change reflects a revision in Moody’s expectation of Quorum’s profitability since it separated from Franklin, Tenn.-based Community Health Systems in April 2016.
Moody’s also lowered Quorum’s speculative grade liquidity ratings to “SGL-3” from “SGL-2” and affirmed all of Quorum’s remaining ratings, including its “B2” corporate family rating and “B2-PD” probability of default rating.
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