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PRESS RELEASE

Quorum Health Celebrates a Decade of Caring for Communities

Ten Years of Advancing Rural Health Care Across America

BRENTWOOD, Tenn. – April 29, 2026 – As April 2026 marks 10 years since its founding, Quorum Health reflects on a decade defined by purpose, perseverance, and a commitment to preserving access to quality health care in rural and midsized communities across the United States.

From its spin-off from Community Health Systems in 2016 to today, Quorum Health has grown into a trusted partner for communities that depend on local hospitals as a lifeline—not just for care, but for the economic and social fabric of the communities they serve. Today, the company supports 11 affiliated hospitals, physician practices, and outpatient facilities, offering services ranging from emergency and acute care to women’s and maternal health, cardiology, behavioral health, surgical services, diagnostic imaging, and rehabilitation.

“Ten years ago, we set out with a clear mission: that local health care is the foundation of a thriving community,” said Chris Harrison, CEO of Quorum Health. “Every challenge we have faced over this decade has only deepened that conviction. We are proud of what we have built, and even more excited about what comes next.”

A Decade of Milestones
Since its founding, Quorum Health has navigated one of the most turbulent decades in modern health care history — and emerged stronger at each turn:

2016 — Formation and Independence. Quorum Health becomes an independent, publicly traded company on the New York Stock Exchange (NYSE) following its spin-off from Community Health Systems, establishing a singular focus on rural and community hospital support.

2017–2019 — Early Growth. McKenzie-Willamette Medical Center completes a landmark $115 million renovation and expansion, modernizing its emergency department and increasing capacity to better serve the Eugene, Ore., region.

2020 — Resilience Through Crisis. As the COVID-19 pandemic placed unprecedented strain on health care systems nationwide, the company’s rural hospitals faced acute access, staffing, and service challenges. Quorum Health undertook financial restructuring to build a more sustainable capital structure and ensure continued service to its communities.

2021–2022 — Repositioning for the Future. As the industry worked toward post-pandemic recovery, Quorum Health continued to strengthen its operations and position the organization for long-term viability, even as rural systems faced disproportionate workforce and reimbursement pressures.

2023 — New Ownership, Renewed Commitment. Davidson Kempner Capital Management and GoldenTree Asset Management assumed ownership of Quorum Health, reinforcing a shared commitment to stability, stewardship, and enduring rural health care delivery.

2024 — Strategic Growth and Portfolio Alignment. Quorum Health refined its affiliated hospital support model with the sale of its advisory and outsourced services subsidiary, Quorum Health Resources (QHR), to Grant Avenue Capital, sharpening its focus on operational excellence, technology enablement, and workforce support. The organization also expanded its presence in West Texas with the acquisition of two hospitals from Steward Health Care.

2025 — Positioned for What’s Next. Quorum Health assumed ownership of Steward’s IT and revenue cycle transitional services operations. McKenzie-Willamette Medical Center announced plans for a new emergency department in Eugene, Ore., set to open in 2027. Quorum Health was also recognized as a Best Place to Work in Healthcare by Modern Healthcare and as a Best Place to Work by Nashville Business Journal.

Looking Ahead: The Next Chapter
Quorum Health enters its second decade with expanded capabilities, a sharpened strategic focus, and a deep belief that local health care is worth fighting for.