Community Health Systems announced that its spinoff of 38 small-market hospitals into a new company called Quorum Health Corp. will likely take place before the end of June

rather than in March, as originally planned. The Franklin, Tenn.-based health system said market conditions contributed to the delay of the deal, which was announced in August. CHS spokeswoman Tomi Galen declined to comment. Negative healthcare news may have contributed to CHS’ decision to wait on the spinoff, said Megan Neuburger, a managing director at Fitch Ratings.