Brentwood, Tenn.-based Quorum Health has completed its divestiture of Galesburg (Ill.) Cottage Hospital, according to WGIL.
Quorum completed the sale of the 133-bed hospital to SBJ Groups about two months after the organizations signed an agreement. With the sale completed, Quorum now operates six hospitals in Illinois.
Quorum, a spinoff of Franklin, Tenn.-based Community Health Systems, filed for Chapter 11 bankruptcy in early April. The company said the bankruptcy filing is part of a plan to recapitalize the business and reduce its debt by about $500 million.