BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Quorum Health Corporation (“Quorum” or the “Company”) (NYSE: QHC) securities: (1) pursuant and/or traceable to Quorum’s false and misleading Registration Statement issued in connection with the Company’s spinoff from Community
Health Systems, Inc. (“CHS”) effective on or about April 29, 2016; and/or (2) on the open market between May 2, 2016 and August 10, 2016, both dates inclusive, (the “Class Period”). Quorum investors have until November 8, 2016 to file a lead plaintiff motion.

Investors suffering losses on their Quorum investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

On August 10, 2016, Quorum disclosed financial and operating results for the three and six months ended June 30, 2016. the Company announced revenues of $529.7 million, resulting in a loss from operations of $259.3 million, compared to revenues of $538.4 million and income of $27.5 million in the comparable period last year. On this news the
Company’s shares fell sharply in intraday trading on August 11, 2016.

The complaint filed in this lawsuit alleges that throughout the Class Period, defendants made misleading statements: i) that a number of Quorum’s hospitals were underperforming at the time of the spin-off from CHS; (ii) that various other indicators of impairment existed at the time of Quorum’s spin-off from CHS; (iii) that Quorum disregarded and/or
failed to advise investors of the foregoing issues; and (iv) as a result of the foregoing, Quorum’s public statements were materially false and misleading at all relevant times.

If you purchased shares of Quorum during the Class Period you may move the Court no later than November 8, 2016 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent
member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com.

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