Quorum Health Corporation filed a motion in the US Bankruptcy Court for the sale of its certain assets in private sale on May 26, 2020. The debtor seeks the Court’s approval for the sale of its certain assets to SBJ Group, Inc., the buyer, for a purchase price of $1 million in cash plus the amount of the net working capital as of the effective date and minus the outstanding balance as of the effective time of the capitalized leases pursuant to the stock purchase agreement, dated April 20, 2020. The debtor’s assets include all Interests of Quorum Health Corporation in and assets of the Knox Clinic, Galesburg Hospital and In-Home Medical Equipment Supplies and Services, Inc., free and clear of all claims, liens, security interests, pledges, rights of first refusal, options, restrictions, liabilities, encumbrances, or defects in title. The sale hearing is scheduled for June 16, 2020.