XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:        
Cash and cash equivalents $ 1,716 $ 3,203    
Patient accounts receivable 326,639 322,608    
Inventories 43,593 45,646    
Prepaid expenses 17,919 19,683    
Due from third-party payors 67,748 63,443    
Current assets of hospitals held for sale 2,286 0    
Other current assets 32,303 36,405    
Total current assets 492,204 490,988    
Property and equipment, net 537,424 559,438    
Goodwill 398,148 401,073    
Intangible assets, net 46,577 48,289    
Operating lease right-of-use assets 89,638 0    
Long-term assets of hospitals held for sale 14,504 0    
Other long-term assets 68,852 74,306    
Total assets 1,647,347 1,574,094    
Current liabilities:        
Current maturities of long-term debt 1,721 1,697    
Current portion of operating lease liabilities 24,670 0    
Accounts payable 147,084 143,917    
Accrued liabilities:        
Accrued salaries and benefits 83,308 76,908    
Accrued interest 22,061 10,024    
Due to third-party payors 45,736 45,852    
Current liabilities of hospitals held for sale 1,205 0    
Other current liabilities 40,272 43,336    
Total current liabilities 366,057 321,734    
Long-term debt 1,194,321 1,191,777    
Long-term operating lease liabilities 65,687 0    
Deferred income tax liabilities, net 6,947 6,736    
Long-term liabilities of hospitals held for sale 2,414 0    
Other long-term liabilities 123,772 126,499    
Total liabilities 1,759,198 1,646,746    
Redeemable noncontrolling interests 2,278 2,278 $ 2,316 $ 2,325
Quorum Health Corporation stockholders' equity (deficit):        
Preferred stock, $0.0001 par value per share, 100,000,000 shares authorized, none issued 0 0    
Common stock, $0.0001 par value per share, 300,000,000 shares authorized; 31,294,669 shares issued and outstanding at March 31, 2019, and 31,521,398 shares issued and outstanding at December 31, 2018 3 3    
Additional paid-in capital 558,498 557,309    
Accumulated other comprehensive income (loss) 808 759    
Accumulated deficit (688,198) (648,464)    
Total Quorum Health Corporation stockholders' equity (deficit) (128,889) (90,393)    
Nonredeemable noncontrolling interests 14,760 15,463    
Total equity (deficit) (114,129) (74,930) $ 16,073 $ 113,410
Total liabilities and equity $ 1,647,347 $ 1,574,094