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Quorum Health Corporation announces definitive agreement to divest hospital in Alabama

Press releases may be edited for formatting or style
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Quorum Health Corporation (NYSE:QHC) announced today that an affiliate of the Company has signed a definitive agreement to sell 72-bed L.V. Stabler Memorial Hospital in Greenville, Alabama and its associated assets, to The Health Care Authority of the City of Greenville – L.V. Stabler Hospital, an Alabama Public Corporation. The transaction is expected to close in the fourth quarter of 2017.

About Quorum Health Corporation

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Quorum Health Corporation is an operator of general acute care hospitals and outpatient services in the United States. Through its subsidiaries, the Company owns, leases or operates a diversified portfolio of 34 affiliated hospitals with an aggregate of approximately 3,200 licensed beds. The Company also operates Quorum Health Resources, LLC, a leading hospital management advisory and consulting services business. More information about Quorum Health Corporation can be found at www.quorumhealth.com.

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