| | Business Summary | | MedCath
Corporation
is
engaged
in
the
diagnosis
and
treatment
of
cardiovascular
disease.
MedCath
designs,
develops,
owns,
and
operates
heart
hospitals
in
partnership
with
cardiologists
and
cardiovascular
surgeons.
While
each
of
its
hospitals
is
licensed
as
a
general
acute
care
hospital,
which
provides
comprehensive
medical
care
for
patients
needing
a
wide
range
of
healthcare
services,
the
Company
focuses
on
serving
the
unique
needs
of
patients
suffering
from
cardiovascular
disease.
MedCath
also
is
committed
to
improving
the
productivity
and
work
environment
of
physicians,
nurses,
and
other
medical
personnel
providing
care.
As
of
June
30,
2001,
MedCath
owned
and
operated
eight
heart
hospitals,
together
with
its
physician
partners,
who
own
an
equity
interest
in
the
heart
hospital
where
they
practice.
The
Company's
existing
heart
hospitals
have
a
total
of
460
licensed
beds
and
are
located
in
Arizona,
Arkansas,
California,
New
Mexico,
Ohio,
South
Dakota
and
Texas. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | MedCath
Corporation
designs,
develops,
owns
and
operates
heart
hospitals
in
partnership
with
cardiologists
and
cardiovascular
surgeons.
For
the
six
months
ended
3/31/01,
revenues
increased
19%
to
$194.4
million.
Net
income
totalled
$4.1
million
vs.
a
loss
of
$3.6
million.
Revenues
reflect
new
hospitals
opened,
and
an
increase
in
the
number
of
procedures
performed.
Earnings
also
reflect
decreased
medical
supplies
expenses
as
a
percentage
of
revenues. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
89,727;
after
tax
earnings
were
-233. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | Officers | | Stephen
R. Puckett,
Chmn.
David
Crane,
Pres./CEO
Michael
G. Servais,
Exec. VP/COO
James
E. Harris,
Sr. VP/CFO
Dennis
I. Kelly,
Sr. VP. | More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mdth.gif)