Hospital operator MedCath filing paperwork to dissolve

The Charlotte Observer, September 21, 2012

MedCath, a Charlotte-based hospital operator that once had annual revenue of $636 million, is filing paperwork to dissolve Friday, brought down by changing regulations, consolidation, and a heavy reliance on the rapidly changing business of cardiac care. The company already has finished selling off its eight majority-owned hospitals, its two minority stakes in hospitals, and other cardiac care practices. After filing a certificate of dissolution in Delaware on Friday, the company will distribute $6.33 per share to its stockholders and halt trading of its shares for good.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.