MedCath plans to dissolve

Barr, Paul
May 2011
Modern Healthcare;5/16/2011, Vol. 41 Issue 20, p17
Trade Publication
The article deals with the plan of Charlotte, North Carolina-based MedCath Corp. to withdraw from the heart hospital business. The company has been eliminating assets at a fast pace and would ask shareholders for approval to sell its remaining hospitals and distributes the proceeds. The reason for the company's decision is the fact that cardiologist groups across the U.S. are selling to hospitals.


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