Quorum health corporation (QHC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14
Operating revenues

-

-

2,327

2,419

2,445

2,410

Provision for bad debts

0

0

255

280

258

264

Net operating revenues

1,689

1,878

2,072

2,138

-

-

Net operating revenues

-

-

-

-

2,187

2,145

Operating costs and expenses:
Salaries and benefits

838

929

1,034

1,057

1,016

1,012

Supplies

194

213

250

258

249

244

Other operating expenses

502

575

623

645

634

619

Depreciation and amortization

57

67

82

117

128

127

Lease costs and rent

44

47

50

49

48

48

Electronic health records incentives

-0

0

4

11

25

44

Legal, professional and settlement costs

-9

-11

-6

-7

0

-30

Impairment of long-lived assets and goodwill

42

77

47

291

13

1

Loss (gain) on sale of hospitals, net

-3

-9

5

-2

0

0

Loss on closure of hospitals, net

-24

-18

0

0

-

-

Transaction costs related to the Spin-off

0

0

0

5

16

0

Total operating costs and expenses

1,718

1,949

2,084

2,424

2,081

2,039

Income (loss) from operations

-28

-70

-12

-285

106

105

Interest expense, net

-132

-128

-122

-113

-98

-92

Income (loss) before income taxes

-160

-199

-134

-399

8

12

Provision for (benefit from) income taxes

1

-0

-21

-53

3

5

Net income (loss)

-161

-198

-112

-345

4

7

Less: Net income (loss) attributable to noncontrolling interests

2

2

1

2

3

-0

Net income (loss) attributable to Quorum Health Corporation

-163

-200

-114

-347

1

7

Earnings (loss) per share attributable to Quorum Health Corporation stockholders:
Basic and diluted

-5.47

-6.91

-4.06

-12.24

0.05

0.27

Weighted-average shares outstanding:
Basic and diluted

29

28

28

28

28

28