MDTH Medcath Corp. (MM)

MedCath Hires Senior Executive Human Resources Veteran Grant Wicklund Named Chief Administrative Officer CHARLOTTE, N.C., April 30 /PRNewswire-FirstCall/ -- MedCath Corporation , a national provider of cardiovascular services, today announced that it has hired industry veteran Grant Wicklund as Senior Vice President and Chief Administrative Officer. Wicklund, 51, comes to MedCath from Tenet Healthcare, where he had been responsible for recruitment, retention, human resources information systems, and leadership development. Wicklund also served as president of a Tenet internet-based subsidiary. "MedCath is an exciting company with a very bright future," Wicklund said. "It has a superior new management team that is extremely well-known in the health-care provider industry. I think they are exceptionally innovative and energetic." Wicklund will be responsible for human resources, managed care, materials management/purchasing, administration and MedCath's Cardiology Consulting & Management division, which improves the financial strength and operations of cardiovascular physician practices. "We are delighted to have someone with Grant's deep human-resource and health-care experience as part of our executive team," said John Casey, MedCath's President and Chief Executive Officer. In addition to his two years with Tenet, Wicklund worked for six years at Tenet predecessor American Medical International, serving as vice president and chief human resources officer. In between, he worked for 10 years in the retained executive search industry, primarily as a Senior Partner with Heidrick and Struggles. He started his career with PepsiCo and also worked in the consulting division of Ernst & Young. About MedCath MedCath Corporation, headquartered in Charlotte, N.C., develops, owns and operates hospitals in partnership with physicians, most of whom are cardiologists and cardiovascular surgeons. While each of its hospitals is licensed as a general acute care hospital, MedCath focuses on serving the unique needs of patients suffering from cardiovascular disease. Together with its physician partners who own equity interests in them, MedCath owns and operates 13 hospitals with a total of 759 licensed beds, located in Arizona, Arkansas, California, Louisiana, New Mexico, Ohio, South Dakota, Texas and Wisconsin. In addition to its hospitals, MedCath provides cardiovascular care services in diagnostic and therapeutic facilities located in various states and through mobile cardiac catheterization laboratories. MedCath also provides consulting and management services tailored to cardiologists and cardiovascular surgeons. DATASOURCE: MedCath Corporation CONTACT: John Casey, Chief Executive Officer, or Charles Slaton, Chief Operating Officer, both of MedCath Corporation, +1-704-708-6600 Web site: http://www.medcath.com/

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