Quorum Health (QHC) Misses Q1 EPS by 18c, Revenues Miss; Provides FY19 Revenue Guidance

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Go back to Quorum Health (QHC) Misses Q1 EPS by 18c, Revenues Miss; Provides FY19 Revenue Guidance

Quorum Health Corporation Announces First Quarter 2019 Results

May 10, 2019 6:00 AM EDT

First quarter net loss attributable to Quorum Health Corporation was ($39.0) million, or ($1.33) per share

First quarter Adjusted EBITDA was $20.6 million and Same-facility Adjusted EBITDA was $23.5 million

Revenue cycle management partnership with R1 RCM expected to provide $10 million of EBITDA benefit during 2019 growing to $50 million annually by 2021

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Quorum Health Corporation (NYSE: QHC) (the Company) today announced financial and operating results for the first quarter ended March 31, 2019.

QUORUM HEALTH CORPORATION Unaudited Financial Highlights (In Millions)

Three Months Ended
March 31,

2019 2018... More