Quorum Health — Debt Investor Presentation (July 2020)
11 slides from Quorum Health's debt investor presentation, Jul 7, 2020
Slide 1: Cleansing Materials
CLEANSING MATERIALS These materials have been prepared for the creditors (the “Creditors”) to Quorum Health Corporation (the “Company”) to whom such materials are directly addressed and delivered and may not be used of relied upon for any purpose other than as specifically contemplated by a written
Slide 2: Quorum Summary Projections
Quorum Summary Projections Note: Adjusted EBITDA is a non-GAAP financial measure that consists of net income (loss) before interest, income taxes, depreciation and amortization, and is adjusted to add back the effect of certain legal, professional and settlement costs, impairment of long-lived asset
Slide 3: Cleansing Materials
Cleansing Materials These materials have been prepared for the creditors (the “Creditors”) to Quorum Health Corporation (the “Company”) to whom such materials are directly addressed and delivered and may not be used of relied upon for any purpose other than as specifically contemplated by a written
Slide 4: Estimated Sources & Uses and Capitalization at Effective Date
Estimated Sources & Uses and Capitalization at Effective Date Estimated Sources & Uses Note: Dollars in millions. Net of closing fees and costs. Excludes reserve for CAREs funds. ABL total capacity is $145mm. ABL Borrowing Base at close is estimated to be ~$100mm. LTM reflects April and May actuals,
Slide 5: Cleansing Materials
CLEANSING MATERIALS These materials have been prepared for the creditors (the “Creditors”) to Quorum Health Corporation (the “Company”) to whom such materials are directly addressed and delivered and may not be used of relied upon for any purpose other than as specifically contemplated by a written
Slide 6: May Financial and Operations Review (Unaudited)
May Financial and Operations Review (Unaudited)
Slide 7: May 2020 Same-Facility Financial Summary (Unaudited)
May 2020 Same-Facility Financial Summary (Unaudited)
Slide 8: May 2020 Same-Facility Volume Summary
May 2020 Same-Facility Volume Summary
Slide 9: May 2020 Hospital Operations Expense Summary
May 2020 Hospital Operations Expense Summary Total COVID related expenses during May were $2.7 million. Total YTD COVID related expenses are ~$6 million.
Slide 10: CAREs Act (PHSSEF) Grant Fund Recognition
CAREs Act (PHSSEF) Grant Fund Recognition Through May we have recognized $48 million of CAREs Act Grants as revenue ($29mm in April, $19mm in May). The foregoing tables shows multiple potential methodologies for retaining CAREs Act grants. The ultimate methodology that will be utilized remains unkno
Slide 11: Slide 11
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