Although this transaction has closed, Quorum still has other deals in the works. The company inked definitive agreements in late 2017 and early 2018 to sell three hospitals: Henderson County Community Hospital in Lexington, Tenn.; McKenzie (Tenn.) Regional Hospital; and Clearview Regional Medical Center in Monroe, Ga.
Quorum, the 29-hospital spinoff of Franklin, Tenn.-based Community Health Systems, saw its net loss widen from $7 million in the third quarter of 2016 to $29.5 million in the third quarter of 2017.
More articles on healthcare industry transactions:
Tenet continues hospital sell-off spree with deals in Illinois, Texas
Yale New Haven Health ends partnership talks with Rhode Island hospital
South Georgia Medical Center terminates affiliation with Clinch Memorial
