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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Quorum Health Corporation | NYSE:QHC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.3044 | 0 | 01:00:00 |
Quorum Health Corporation (NYSE: QHC) announced that on Friday, the Centers for Medicare & Medicaid Services (CMS) issued formal approval of the 2017-19 Hospital Fee Program. The approvals include the inpatient and outpatient fee-for-service supplemental payments and the overall tax structure. The California Hospital Association will work with the Department of Health Care Services to develop an implementation schedule and update the draft model to reflect the CMS-approved amounts. By the end of January, CHA will distribute hospital-specific schedules that include the estimated fees and payments for the 2017-19 Hospital Fee Program.
About Quorum Health Corporation
Quorum Health Corporation is an operator of general acute care hospitals and outpatient services in the United States. Through its subsidiaries, the Company owns, leases or operates a diversified portfolio of 31 hospitals in non-urban and mid-sized markets with an aggregate of approximately 3,000 licensed beds. The Company also operates Quorum Health Resources, LLC, a leading hospital management advisory and consulting services business. More information about Quorum Health Corporation can be found at www.quorumhealth.com.
Forward-Looking Statements
Statements contained in this news release regarding expected operating results, acquisition transactions or divestitures and other events are forward-looking statements that involve risk and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents filed by Quorum Health Corporation with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
The terms “QHC,” “Quorum Health,” “the Company,” “we,” “us” or “our” refer to Quorum Health Corporation or one or more of its subsidiaries or affiliates as applicable.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171219005724/en/
Quorum Health CorporationMichael J. Culotta, 615-221-3502Executive Vice President and Chief Financial Officer
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