Tag Archives: Community Health Systems Spinoff

Community Health Systems Will Now Lack A Quorum As It Completes Quorum Health Spinoff on April 29

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Community Health Systems’ (CYH) board of directors gave the formal go ahead to the spinoff of its regional hospital network, Quorum Health (QHC). The spinoff will take place on April 29th and CYH shareholders as of April 22nd should receive one share of Quorum for every 4 CYH shares owned. The new company will trade under the ticker ‘QHC’.… Read More »

Community Health Will Soon Lack A Quorum With Newly Announced Spinoff

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Shortly after writing about Ventas’ (VTR) expanding hospital business (and skilled nursing facility spinoff), Community Health Systems (CYH), one of the largest hospital operators in the country, announced plans to spin off 38 of its hospitals along with its hospital management and consulting arm Quorum Health Resources LLC. The new company will take on the Quorum name, except the… Read More »