Quorum Health Emerges from Chapter 11; Names Joey Jacobs CEO

July 7, 2020, 9:29 PM UTC

Quorum Health Corp. has successfully completed its financial restructuring and emerged from the Chapter 11 process in U.S. Bankruptcy Court for the District of Delaware.

  • The company announced the appointment of veteran health care executive Joey Jacobs as Chief Executive Officer as well as a new Board of Managers with extensive healthcare experience
  • The company moves forward with a restructured balance sheet, having reduced debt by about $500 million

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