Quorum Health Corp. has sold its consulting arm to a healthcare-focused private equity firm in New York City, centering its core operations around building out its hospital system.Â
As part of the deal, which closed last week, Grant Avenue Capital is looking to build out Quorum Health Resourcesâ service offerings, which currently include resources for financials, supply chain, patient outbreak, clinical support, revenue cycle management and compliance and business solutions, among others.
Last year, the subsidiary
purchased Resolution, bringing with it more than 70 employees focused on revenue cycle management.
QHR currently serves 105 hospitals across 40 states. The team will continue operating out of its Brentwood headquarters and providing supply chain and consulting services to Quorumâs 22-hospital network.Â