MedCath Corporation Announces Delay in 2nd Quarter Earnings Announcement and Filing of Form 10-Q
May 06 2009 - 5:15PM
PR Newswire (US)
CHARLOTTE, N.C., May 6 /PRNewswire-FirstCall/ -- MedCath
Corporation (NASDAQ:MDTH), (the "Company") a healthcare provider
focused on high acuity healthcare services, predominately the
diagnosis and treatment of cardiovascular disease, today announced
that it has delayed the issuance of its operating results for its
fiscal quarter ended March 31, 2009 and the filing of its Form 10-Q
for the same period. The delay arises as a result of an ongoing
internal assessment by the Company, under the supervision of the
Audit Committee, of certain aspects of the Company's operations and
controls. 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. DATASOURCE: MedCath Corporation CONTACT: MedCath
Corporation, +1-704-708-6600
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