MedCath Corporation Promotes Executives
November 22 2004 - 4:00PM
PR Newswire (US)
MedCath Corporation Promotes Executives CHARLOTTE, N.C., Nov. 22
/PRNewswire-FirstCall/ -- MedCath Corporation (NASDAQ:MDTH), a
healthcare provider focused on the diagnosis and treatment of
cardiovascular disease, announced the promotion of two of its top
executives. Charles R. Slaton, who had been Executive Vice
President, was named President. He retains his position as Chief
Operating Officer. Slaton joined MedCath Oct. 15, 2003, about one
month after John T. Casey became MedCath's Chief Executive Officer.
Before joining MedCath, Slaton was a senior manager for nine years
at Tenet Healthcare, with financial and operational
responsibilities for 15 acute and rehabilitation hospitals in
Texas. Thomas K. Hearn III, who has been President, Diagnostic
Division, was given the additional position of Chief Development
Officer for the company. Hearn joined MedCath in November 1995.
Before joining MedCath, he served as president of Decision Support
Systems, Inc., a healthcare software and consulting firm, and
administrator of the Carolinas' Heart Institute. "Charlie and Tom
have been critical drivers of our expanded strategy to leverage our
cardiovascular care expertise through partnerships with other
healthcare providers, while continuing to lift operating results at
our existing facilities," Casey said. "The strategy rollout the
past few months has been very successful. We have started new
ventures with several hospitals and expect to announce others in
the coming months." MedCath Corporation, headquartered in
Charlotte, N.C., is a healthcare provider focused on the diagnosis
and treatment of cardiovascular disease. While each of its
majority-owned 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 currently owns
and operates thirteen 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 T. Casey, Chairman, Chief Executive
Officer, or Charles R. Slaton, President, Chief Operating Officer
of MedCath Corporation, +1-704-708-6600 Web site:
http://www.medcath.com/
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