The transaction, which is expected to close in early 2018, is the second divestiture Quorum has finalized this week. On Monday, the company signed a definitive agreement to sell 72-bed L.V. Stabler Memorial Hospital in Greenville, Ala., to the Health Care Authority of the City of Greenville – L.V. Stabler Hospital, a public corporation.
Quorum, the 34-hospital spinoff of Franklin, Tenn.-based Community Health Systems, is focused on restructuring its portfolio to improve financial performance.
More articles on healthcare industry transactions:
Quorum Health signs definitive agreement to divest Alabama hospital
3 recent hospital transactions and partnerships
Ochsner to operate Hancock Medical Center long term
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