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Quorum to divest 3rd hospital

March 11, 2017

Quorum Health Corporation (NYSE: QHC) announced today that the Company has signed a definitive agreement to sell 60-bed Cherokee Medical Center in Centre, Alabama, and its associated assets, to NNZ Holdings, LLC. The divestiture is expected to close within 60 days, subject to customary regulatory approvals and closing conditions.

Thomas D. Miller, Quorum Health’s president and chief executive officer stated, “Our efforts to refine our portfolio continue as we announce our third definitive agreement to divest non-core assets and we continue to have active discussions on further divestiture opportunities.”

http://bit.ly/2mTjgTq

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