MedCath (NASDAQ:MDTH) has sold its stake in a Texas hospital, leaving the dissolving hospital operator with just one facility left. Charlotte, North Carolina-based MedCath sold its minority ownership in the 112-bed, acute care Harlingen Medical Center to Prime Healthcare Services, a California hospital operator. The transaction closed on Wednesday. MedCath also sold its stake in […]
Hospital operator MedCath‘s (NASDAQ:MDTH) dissolution plan has been approved by shareholders clearing the way for MedCath to sell all of its remaining assets and close the company. Charlotte, North Carolina-based MedCath also said that its board of directors approved a cash distribution amounting to $6.85 per share, payable to stockholders on Oct. 6, 2011. That […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
MedCath (NASDAQ:MDTH) CEO Edwin French is stepping down from the company and will be replaced by current CFO Art Parker. French’s retirement as chief executive and board member of the Charlotte, North Carolina-based hospital operator will take effect on Sept. 23. MedCath Controller Lora Ramsey will step into the CFO spot vacated by Parker. French […]
Hospital operator MedCath (NASDAQ:MDTH) is closing and selling an Arizona hospital in a deal that will net MedCath $42 million. MedCath, a Charlotte, North Carolina-based company, will sell the Hualapai Mountain Medical Center in Kingman, Arizona to the Kingman Regional Medical Center (KRMC), a 235-bed, nonprofit hospital in Kingman, Arizona. MedCath plans to close its […]
Struggling hospital operator MedCath (NASDAQ:MDTH) has completed the $192 million sales of hospitals in Arkansas and New Mexico as the company continues to wind down operations. Charlotte, North Carolina-based MedCath announced in May plans to sell its ownership in Arkansas Heart Hospital and Heart Hospital of New Mexico. MedCath has now closed those deals. The […]
Heart hospital-operator MedCath (NASDAQ:MDTH) is on its final heartbeats and the financially struggling firm is preparing to dissolve itself as a company. Charlotte, North Carolina-based MedCath said in a securities filing that when shareholders receive their proxy statements this quarter, the documents will contain information about recent sales of hospital assets as well as a […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
For MedCath (NASDAQ:MDTH), it’s another week and another hospital sale. The Charlotte, North Carolina-based hospital operator on Monday announced definitive agreements to sell its $192 million stake in hospitals in Arkansas and New Mexico. The announcement follows separate deals last week for MedCath to sell its stake in its cardiac catheterization laboratory assets in North […]
MedCath (NASDAQ:MDTH) has sold another piece of its fragmenting hospital network — and its last remaining piece in North Carolina. New Hanover Regional Medical Center in Wilmington, North Carolina, has purchased MedCath’s ownership stake and management agreement in Coastal Carolina Heart for $5 million. Coastal Carolina Heart provides catheterization laboratory management services to the Wilmington […]
Hospital operator MedCath Corp. (NASDAQ:MDTH) has completed the $25 million sale of most of the assets of its cardiac catheterization lab division to a joint venture of LifePoint Hospitals and Duke University Health System. MedCath’s cath lab division, called MedCath Partners, has been a part of the Charlotte, North Carolina-based company since its formation in […]