Quorum Health (QHC) Reports Q3 Loss Per Share of $1.03

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Quorum Health Corporation Announces Third Quarter 2017 Operating Results

November 8, 2017 5:11 PM EST

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) (the Company) today announced its operating and financial results for the three and nine months ended September 30, 2017.

Net operating revenues for the three months ended September 30, 2017 decreased $44.6 million to $499.3 million, compared to $543.9 million for the same period in 2016. Net operating revenues for the quarter decreased $32.5 million from the two hospitals divested in December 2016 and the four hospitals divested in the first nine months of 2017, and decreased $11.5 million resulting from the Companys inability to accrue in the 2017 period for the California Hospital Quality Assurance Fee... More