Quorum Health, a leading provider of hospital and outpatient services across rural and mid-sized communities, announces it has entered into a definitive agreement with QKA Health Corporation, d/b/a Healthside Partners that will enable the organization to transition from a for-profit, private equity-backed model to a nonprofit health system. This milestone marks a pivotal evolution in Quorum Health’s mission to deliver sustainable, quality care in rural and mid-sized communities. With this transition, Quorum Health’s hospitals and physicians will continue to operate under a mission-driven, community-focused model, unlocking new opportunities for philanthropic support, tax-exempt funding, and expanded partnerships.
Read the full article: Quorum Health Enters Agreement to Become Nonprofit, Strengthening Commitment to Community Health //
Source: https://www.prnewswire.com/news-releases/quorum-health-enters-agreement-to-become-nonprofit-strengthening-commitment-to-community-health-302779293.html