OverviewSuggest Edit

Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC. It operates QHR, which is a hospital management advisory and consulting services that provides services to non-affiliated general acute care hospitals. Its hospitals and its affiliated businesses offer services, such as general acute care, emergency room, general and specialty surgery and rehabilitation services.

TypePublic
Founded1977
HQBrentwood, US
Websiteqhr.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Dec 2018)8,600(-9%)
Job Openings4
Revenue (FY, 2019)$1.7 B(-10%)
Share Price (May 2020)$0.3
Cybersecurity ratingBMore

Key People/Management at Quorum Health

Alfred Lumsdaine

Alfred Lumsdaine

Executive Vice President and Chief Financial Officer
Robert Fish

Robert Fish

President and Chief Executive Officer
Shaheed Koury

Shaheed Koury

Chief Medical Officer and President, Clinical Operations
Martin D. Smith

Martin D. Smith

Executive Vice President and Chief Operating Officer
Glenn A. Hargreaves

Glenn A. Hargreaves

Senior Vice President and Chief Accounting Officer
Hal McCard

Hal McCard

Senior Vice President, General Counsel and Secretary
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Quorum Health Office Locations

Quorum Health has an office in Brentwood
Brentwood, US (HQ)
1573 Mallory Ln #100
Show all (1)

Quorum Health Financials and Metrics

Quorum Health Revenue

Quorum Health's revenue was reported to be $1.69 b in FY, 2019
USD

Revenue (Q1, 2020)

343.8m

Gross profit (Q1, 2020)

301.8m

Gross profit margin (Q1, 2020), %

87.8%

Net income (Q1, 2020)

(79.5m)

EBIT (Q1, 2020)

(47.4m)

Market capitalization (8-May-2020)

10.0m

Closing stock price (8-May-2020)

0.3

Cash (31-Mar-2020)

31.4m

EV

1.4b
Quorum Health's current market capitalization is $10 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.9b1.7b

Cost of goods sold

213.7m195.0m

Gross profit

1.7b1.5b

Gross profit Margin, %

89%88%
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

460.5m442.8m442.2m419.9m343.8m

Cost of goods sold

52.9m48.9m51.4m50.2m47.8m42.0m

Gross profit

411.6m391.4m392.0m372.1m301.8m

Gross profit Margin, %

89%88%89%89%88%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

5.6m3.2m3.1m

Accounts Receivable

69.8m343.1m322.6m286.9m

Prepaid Expenses

21.2m19.7m19.6m

Inventories

53.5m45.6m38.7m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(114.2m)(200.2m)(161.9m)

Depreciation and Amortization

82.2m68.0m57.6m

Accounts Payable

(14.7m)(33.9m)328.0k

Cash From Operating Activities

67.0m39.5m(32.9m)
Quarterly
USDQ1, 2016

Debt/Equity

1.7 x

Financial Leverage

162 x
Show all financial metrics

Quorum Health Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Quorum Health Online and Social Media Presence

Embed Graph

Quorum Health News and Updates

Quorum Health files for bankruptcy

Quorum Health Corp. told investors it formally signed on to a restructuring support agreement to reduce its debt by $500 million. The hospital operator also said it has filed for Chapter 11 bankruptcy, and it received $100 million in debtor-in-possession financing and a $200 million equity commitme…

MEDHOST Solutions to Be Implemented at Quorum Health Facilities

Leading healthcare provider will implement the full suite of MEDHOST solutions and services over the next 20 months

Quorum Health Corporation Selects R1 RCM for End-to-End Revenue Cycle Management Across 26 Hospitals and Outpatient Centers in 14 States

CHICAGO, May 08, 2019 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, announced today that a wholly owned subsidiary of Quorum Health Corporation has selected R1 RCM to provide end-to-end revenu…

Quorum Health Frequently Asked Questions

  • When was Quorum Health founded?

    Quorum Health was founded in 1977.

  • Who are Quorum Health key executives?

    Quorum Health's key executives are Alfred Lumsdaine, Robert Fish and Shaheed Koury.

  • How many employees does Quorum Health have?

    Quorum Health has 8,600 employees.

  • What is Quorum Health revenue?

    Latest Quorum Health annual revenue is $1.7 b.

  • What is Quorum Health revenue per employee?

    Latest Quorum Health revenue per employee is $196.5 k.

  • Who are Quorum Health competitors?

    Competitors of Quorum Health include Evex Medical, Sunshine Hospitals and Qi Spine.

  • Where is Quorum Health headquarters?

    Quorum Health headquarters is located at 1573 Mallory Ln #100, Brentwood.

  • Where are Quorum Health offices?

    Quorum Health has an office in Brentwood.

  • How many offices does Quorum Health have?

    Quorum Health has 1 office.