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The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or counties with populations of 50,000 or less. In April 2020 Quorum declared bankruptcy and is no longer trading on the NYSE.
Triad Hospitals. Triad Hospitals was a hospital operator based in Plano, Texas. Spun off from Hospital Corporation of America in 1999, it acquired Quorum Health Group in 2000 to become the third-largest investor-owned hospital group. [1] [2] It was merged into Community Health Systems in 2007. In February 2007 it received a merger/buyout offer ...
HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom.
Moody's also assigned a Caa1 rating to Quorum's senior secured term loan. The Caa1 CFR reflects the improvement in Quorum's capital structure since emerging from Chapter 11 bankruptcy as well as ...
While small-cap stocks, such as Quorum Health Corporation (NYSE:QHC) with its market cap of US$279.36M, are popular for their explosive growth, investors should also be aware of their balance ...
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