Quorum Health (QHC) Reports Q4 Loss of $3.19/Share
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Quorum Health Corporation Announces Fourth Quarter and Year End 2016 Operating Results and Issues 2017 Guidance
March 29, 2017 6:00 AM EDTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) (the Company) today announced its operating and financial results for the three months and year ended December 31, 2016.
Net operating revenues for the three months ended December 31, 2016 totaled $515.2 million, compared to $558.2 million for the same period in 2015, a 7.7% decrease. Net operating revenues for the two hospitals divested in December 2016 totaled $4.7 million and $12.7 million for the three months ended December 31, 2016 and 2015, respectively. Net loss attributable to Quorum Health Corporation for the three months ended December 31, 2016 was $(90.7) million, or $(3.19) per share, compared to $(0.6) million, or... More
