Quorum, which operates 24 hospitals across 14 states, said it expects to complete the divestiture of 45-bed Henderson County Community Hospital by the end of the first quarter of 2020. If the transaction closes, Quorum will no longer operate any hospitals in Tennessee.
Quorum will use proceeds from the transaction to repay outstanding principal on its term loan facility.
More articles on healthcare industry transactions:
Merger creates 10-hospital system in Maine
U of Maryland Medical System acquires 9 urgent care sites
Financially strapped Texas hospital gets new owner
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
