Community Health Systems is spinning off a portfolio of hospitals, as well as a management and consulting business. The company will be called Quorum Health Corp. and will own Quorum Health Resources, which is Community Health Systems' subsidiary that manages hospitals for other entities.
In this Tennessean article, Dick Cowart comments on the newly established company, which will have its own management team and independent board of directors. "It gives Nashville another company with a fresh management team. … It’s a nice energy," said Mr. Cowart.
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