Quorum Health (QHC) Tops Q3 EPS by 6c, Revenues Miss; Offers FY18 Revenue Outlook
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Quorum Health Corporation Announces Third Quarter 2018 Financial and Operating Results
November 6, 2018 4:30 PM ESTBRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) (the Company) today announced financial and operating results for the third quarter ended September 30, 2018.
Third Quarter 2018 Financial and Operating Results
Same-facility net operating revenues increased $25.2 million to $463.8 million, compared to $438.6 million for the same period in 2017, representing a 5.8% increase for the quarter. The $25.2 million increase in same-facility net operating revenues for the quarter was the result of three factors; improved payor mix and higher acuity, an $8.7 million increase related to revenues from the California... More