|Bid||1.0200 x 1200|
|Ask||1.6500 x 900|
|Day's Range||1.2300 - 1.4000|
|52 Week Range||0.9110 - 6.2500|
|Beta (3Y Monthly)||1.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Quorum Health Corporation announced today that the Company will be participating in the 17th Annual Morgan Stanley Global Healthcare Conference in New York. The Company will make a presentation to investors on Monday, September 9, 2019 at 4:50 p.m.
Quorum Health Corporation (QHC) today announced that the Pajaro Valley Health Trust has agreed to release the sale of the 106-bed Watsonville Community Hospital in Watsonville, California. The Company will now proceed with the previously announced sale of the hospital pursuant to the definitive agreement with Halsen Healthcare. The Company now expects the transaction to be complete by the end of the third quarter of 2019, subject to customary approvals and conditions.
The NYSE sent a notice in late April warning the hospital operator it was at risk of delisting because its average market capitalization was less than $50 million over a consecutive 30 trading-day period.
AAC Holdings Inc. — the parent company of American Addiction Centers — has lost its second in command, just weeks after unveiling a new 10-year vision for the struggling addiction-treatment provider.
Quorum was given until mid-June to submit a plan to the NYSE showing how it will bring itself into compliance with the exchange's requirements.
Quorum Health Corp. is ending inpatient operations at its hospital outside Chicago after failing to find a buyer for the 314-bed facility. If MetroSouth Medical Center in Blue Island, Illinois, is not sold by the end of the year, Quorum will close the facility, according to a news release. In an interview with the Business Journal Wednesday, Quorum CEO Robert Fish said the company contacted more than 40 potential buyers for MetroSouth and temporarily had a transaction in place.
Quorum Health Corporation (QHC) today announced that MetroSouth Medical Center in Blue Island, Illinois filed an application with the Illinois Health Facilities and Service Review Board to discontinue hospital operations. If the Company is not able to divest the facility, it will discontinue all operations by the end of the fourth quarter of 2019. The Company’s decision to discontinue operations at the facility is a result of mounting financial losses due to decreasing patient volumes, increasing market saturation, and reduced reimbursement from government and commercial payors.
On the day its stock price hit its lowest point in company history, AAC Holdings Inc. — the parent company of American Addiction Centers — released an investor presentation that included reasons investors should believe in AAC.
Quorum Health Corp. — a Community Health Systems Inc. spinoff — is selling one of its California hospitals.
Quorum Health Corporation (QHC) today announced that it has entered into a definitive agreement to divest the 106-bed Watsonville Community Hospital in Watsonville, California to Halsen Healthcare. The transaction is expected to be complete by the end of the third quarter of 2019, subject to customary approvals and conditions. The Company anticipates that the total cash proceeds from the transaction will be approximately $35 to $40 million, subject to final working capital balances.
Scorecard checks back on our headlines from a year ago. This is an update to the May 21, 2018, story "CEO steps down at CHS spinoff company."
Quorum Health Corporation today announced that a wholly owned subsidiary of the Company has selected R1 RCM to provide end-to-end revenue cycle management services.
Quorum Health Corporation announced today that members of the Company’s management team will present at the following investor conferences during the month of May:
Quorum Health Corporation (QHC) (the “Company”) today announced that it was notified (the “Notice”) on April 30, 2019 by the New York Stock Exchange, Inc. (the “NYSE”) that it was not in compliance with the NYSE’s continued listing standards as a result of the Company’s average market capitalization being less than $50 million over a consecutive 30 trading-day period and the most recently reported stockholders’ equity of the Company also being less than $50 million. As set forth in the Notice, as of April 25, 2019, the 30-trading day average market capitalization of the Company was approximately $44.0 million and the Company’s last reported stockholders’ deficit as of December 31, 2018 was approximately ($90.4) million.
Quorum Health Corporation (QHC) announced today that the Company will issue a press release reporting its financial results for the first quarter ended March 31, 2019 on Friday, May 10, 2019, before the market opens. The conference call will also be webcast live from the Investor Relations portion of the Company’s website at www.quorumhealth.com. Quorum Health Corporation is an operator of general acute care hospitals and outpatient services in the United States.
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Quorum Health Corporation (QHC) today announced that it has completed the sale of the 146-bed Scenic Mountain Medical Center in Big Springs, Texas. Quorum Health Corporation is an operator of general acute care hospitals and outpatient services in the United States. The Company also operates Quorum Health Resources, LLC, a leading hospital management advisory and consulting services business.