MedCath (MDTH) Stock Price, News & Analysis

MedCath Corporation (MedCath) is a healthcare provider and focused on providing acuity services, including the diagnosis and treatment of cardiovascular disease. The Company owns and operates hospitals in partnership with physicians. Each of its majority-owned hospitals provides a range of health services with a focus on cardiovascular care. Each of its hospitals has around the clock-hour emergency room staffed by emergency department physicians. As of September 30, 2010, it owed interests in seven hospitals, including six in which it owned a majority interest. On November 1, 2010, the Company sold Heart Hospital of Austin. On December 31, 2010, the Company completed the sale of TexSan Heart Hospital to Methodist Healthcare System of San Antonio. On September 30, 2011, the Company sold Louisiana Medical Center & Heart Hospital to Cardiovascular Care Group. In December 2011, the Company announced that it has sold its ownership interest in Harlingen Medical Center and HMC Realty, LLC.