Moody's affirms Quorum Health's B3 CFR; outlook changed to negative
Rating Action: Moody's affirms Quorum Health's B3 CFR; outlook changed to negative. Global Credit Research- 23 Sep 2019. New York, September 23, 2019-- Moody's Investors Service today affirmed the ratings on Quorum Health Corporation, including the B3 Corporate Family Rating and B3-PD Probability of Default Rating.Quorum Health is a provider of hospital and outpatient healthcare services in its markets across the U.S. The company provides outpatient healthcare services through its hospitals and affiliated facilities, including urgent care centers, diagnostic and imaging centers, physician clinics and surgery centers. In addition, the company's wholly-owned subsidiary, Quorum Health Resources LLC (QHR), provides hospital management advisory and healthcare consulting services to non-affiliated hospitals located throughout the U.S. QHR's primary services include: Hospital Management Advisory and Operational Support, Hospital Group Purchasing, Online Solutions for Hospitals, and Education Programs.
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