David Covert to Join MedCath as Senior Vice President, Operations
May 11 2009 - 7:30AM
PR Newswire (US)
CHARLOTTE, N.C., May 11 /PRNewswire-FirstCall/ -- MedCath
Corporation (NASDAQ:MDTH), a healthcare provider focused on high
acuity healthcare services, predominately the diagnosis and
treatment of cardiovascular disease, today announced that David
Covert will join its senior management team as Senior Vice
President, Operations and will have operations responsibilities for
MedCath hospitals located in Arizona, California, New Mexico as
well as TexSan Heart Hospital (San Antonio, Texas). Covert, 53,
joins MedCath with over 25 years of hospital management experience,
most recently as the President and Chief Executive Officer of
Catholic Healthcare West's (CHW) East Valley Service Area and
Chandler Regional Medical Center (Chandler, Arizona). In this
position, Covert was responsible for Chandler Regional Hospital,
Mercy Gilbert Medical Center, Ahwatukee Foothills Health Center,
Gilbert Health Center, Sun Lakes Health Center and Queen Creek
Urgent Care Center. He also oversaw the development and opening of
Mercy Gilbert Medical Center, a 206-bed general acute care hospital
that opened in June 2006. In March 2009, Covert was awarded the
Arizona Health Care Leadership Award for Hospital CEOs by Arizona
Business Magazine. "David brings a wealth of operational talent to
MedCath, both in terms of operational management and opening of new
hospitals," said O. Edwin French, MedCath President and Chief
Executive Officer. "This experience will benefit our growing
markets in the western U.S., as well as the opening of the Hualapai
Mountain Medical Center scheduled for later this fall. His
healthcare leadership skills are well respected, and he has
demonstrated great commitment to the East Valley community." Covert
has held leadership positions with CHW affiliated healthcare
entities since 1985, and began his healthcare career in 1983 as
Director of Accounting /Assistant Director of Finance for St.
Luke's Health System, Phoenix, Arizona. He holds a bachelor of
science in accounting from Arizona State University and is a member
of the American College of Healthcare Executives and the America
Institute of Certified Public Accountants. He also serves on
numerous committees and boards in the East Valley, including
Arizona Hospitals and Healthcare Association Board of Directors,
Economic Development Advisory Board for the City of Chandler,
Northern Trust Bank Advisory Council, and Dillon Southwest Adoption
Agency. 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: O. Edwin French,,
President, Chief Executive Officer, +1-704-708-6600, Jeff Hinton,
Chief Financial Officer, +1-704-708-6600
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