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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
SEPTEMBER 1, 1997
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QUORUM HEALTH GROUP, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State of Incorporation)
33-31717-A 62-1406040
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(Commission File Number) (IRS Employer Identification No.)
103 CONTINENTAL PLACE, BRENTWOOD, TENNESSEE 37027
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(Address of principal executive offices) (Zip Code)
(615) 371-7979
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 5. OTHER EVENTS.
For the purpose of informing the market, the Registrant announces that
effective September 1, 1997, an affiliate acquired Methodist Hospital of
Hattiesburg, a 211-bed acute care hospital located in Hattiesburg, Mississippi.
A previously released press announcement of the acquisition is attached to this
Report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
QUORUM HEALTH GROUP, INC.
Date: September 9, 1997 By: \s\ Steve B. Hewett
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Steve B. Hewett, Vice President
(Chief Financial Officer)
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Exhibit Index
Exhibit No.
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99.1 Press Release dated September 2, 1997, regarding
acquisition of Methodist Hospital of Hattiesburg
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FOR IMMEDIATE RELEASE
QUORUM HEALTH GROUP, INC. ACQUIRES METHODIST HOSPITAL
NASHVILLE - (Sept. 2, 1997) - Quorum Health Group, Inc. (Nasdaq: QHGI) today
announced that an affiliate has completed the acquisition of Methodist Hospital,
Hattiesburg, Miss., a 211-bed acute care hospital which has pioneered local
developments in endosurgery, single room maternity care, pain and wound
management, orthopedic surgery, occupational health programs and wellness and
sports medicine programs.
The acquisition includes all assets and business of Wesley Health
Systems, Inc. and its subsidiaries and affiliates. In accordance with the
agreement, the hospital will be renamed Wesley Medical Center.
According to James E. Dalton, Jr., President and CEO, Quorum Health
Group, Inc., the transaction results in two strong organizations coming together
with shared values.
Said Dalton, "Methodist Hospital has a reputation for strong ties to
the community, high quality services and advanced technology. These are all
qualities that Quorum strives to exemplify."
Through its ownership, consulting and management services
relationships, Quorum affiliates are now involved in 13 Mississippi communities.
"Our acquisition growth continues to result from long-term
relationships with the not-for-profit sector, and our goal is to continue to
maintain these positive relationships. As a result, we are optimistic that we
can meet our growth expectations through adding new hospitals, as well as
improving the performance of our continuing operations," Dalton said.
"The sale of Methodist Hospital to Quorum will allow Wesley Health
System to continue to deliver the best in healthcare to our community," said
William K. Ray, President and CEO, Wesley Health System, Inc. "The system will
marry the strengths of two like organizations to create synergies for the health
system well into the next decade."
Quorum Health Group, Inc. owns and operates acute care hospitals and
local and regional healthcare systems nationwide through its affiliates. Quorum
Health Resources, Inc., a subsidiary, is the nation's largest manager of
not-for-profit hospitals and also provides consulting services to hospitals.
