TITLE

MedCath plans to dissolve

AUTHOR(S)
Barr, Paul
PUB. DATE
May 2011
SOURCE
Modern Healthcare;5/16/2011, Vol. 41 Issue 20, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
60778148

 

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