Quorum Health Corp. has entered into a Restructuring Support Agreement (the RSA) with a majority of its term loan lenders and noteholders on a "pre-packaged" plan to recapitalize the business and significantly reduce the size and cost of the Company's debt. Under the terms of this pre-packaged plan, Quorum Health will reduce its debt by approximately $500 million. According to a media release on April 7, to implement the plan, Quorum Health filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the Court). The operations of Quorum Health and its hospitals are unaffected and all facilities are open and available to provide patient care. The Company's subsidiary, Quorum Health Resources, is also continuing to provide the same high quality services to its hospital, health system and healthcare provider clients. Quorum Health-affiliated hospitals are focused on ensuring employees, physicians and providers can continue to provide quality care to the patients and communities they serve.