Five MedCath Hospitals Ranked Among Nation's Top 100
November 18 2008 - 7:30AM
PR Newswire (US)
The Annual Thomson Reuters List Honors Cardiovascular Hospitals
With Lower Rates of Mortalities, Complications CHARLOTTE, N.C.,
Nov. 18 /PRNewswire-FirstCall/ -- MedCath Corporation (NASDAQ:MDTH)
announced today that five of its hospitals have been honored as
part of the nation's 100 Top Hospitals(R) for cardiovascular care
by Thomson Reuters. The list includes the Arizona Heart Hospital
(Phoenix), the Louisiana Medical Center and Heart Hospital
(Lacombe, La.), the Avera Heart Hospital of South Dakota (Sioux
Falls, S.D.), Heart Hospital of Austin (Texas) and the Harlingen
Medical Center (Texas). Now in its tenth year, the study marks the
fifth time Arizona Heart Hospital has received the honor, the
fourth time for Heart Hospital of Austin and the third time for
Avera Heart Hospital of South Dakota. The list, published online by
Modern Healthcare magazine (http://www.modernhealthcare.com/), is
based on hospitals' performance treating four kinds of emergencies:
heart failure, heart attacks, bypass surgeries and angioplasties.
Thomson Reuters examined the clinical outcomes of patients at 970
hospitals and found, for example, that the mortality rate for
bypass surgery was 26 percent lower in the 100 Top Hospitals. The
study also found that, on average, the top hospitals cost $1,542
less per case. "These hospitals provide enormous value to their
communities because heart disease is still the nation's number one
killer," Jean Chenoweth, senior vice president for performance
improvement and 100 Top Hospitals programs in the Healthcare
business of Thomson Reuters, said in statement issued by Thomson
Reuters. "They have set the new national standard for
cardiovascular disease outcomes, process of care, efficiency, and
lower costs." Said MedCath CEO Ed French, "It's an honor that five
of our nine hospitals have received this prestigious ranking,
because it recognizes the one measure that matters most: quality
care. Studies repeatedly show that our patient- focused model has
helped lead to lower mortality rates, shorter lengths of stay and a
higher rate of being discharged directly home. We're pleased that
these five hospitals, in particular, have been singled out for
their exceptional performance." MedCath Corporation, headquartered
in Charlotte, N.C., is a healthcare provider focused on high acuity
services with the diagnosis and treatment of cardiovascular disease
being a primary service offering. MedCath owns an interest in and
operates nine hospitals with a total of 676 licensed beds, located
in Arizona, Arkansas, California, Louisiana, New Mexico, South
Dakota, and Texas. MedCath is in the process of developing its
tenth hospital, which is anticipated to open in fall 2009, in
Kingman, Ariz. In addition, MedCath and its subsidiary MedCath
Partners provide services in diagnostic and therapeutic facilities
in various states. The Healthcare business of Thomson Reuters
produces insights, information, benchmarks and analysis that enable
organizations to manage costs, improve performance and enhance the
quality of healthcare. Thomson Reuters is the world's leading
source of intelligent information for businesses and professionals.
It combines industry expertise with innovative technology to
deliver critical information to leading decision makers in the
financial, legal, tax and accounting, scientific, healthcare and
media markets, powered by the world's most trusted news
organization. DATASOURCE: MedCath Corporation CONTACT: O. Edwin
French, President & Chief Executive Officer, +1-704-708-6600,
Jeff Hinton, Chief Financial Officer, +1-704-708-6600, both of
MedCath Corporation Web site: http://www.medcath.com/
http://www.modernhealthcare.com/
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