UPDATE: UBS Downgrades Quorum Health (QHC) to Sell
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Quorum Health Corporation Announces Second Quarter 2016 Operating Results and Updated 2016 Guidance
August 10, 2016 5:01 PM EDTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) (the Company) today announced financial and operating results for the three and six months ended June 30, 2016.
On April 29, 2016, Community Health Systems, Inc. (CHS) completed the spin-off of the Company, comprised of 38 affiliated hospitals and related outpatient services in 16 states, together with Quorum Health Resources, LLC (QHR), a subsidiary providing management advisory and consulting services to non-affiliated hospitals (the Spin-off Transaction). Following the Spin-off Transaction, the Company became an independent public company and its common stock began regular-way trading on the New York Stock Exchange (NYSE) on May 2, 2016.
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