LINTHICUM, Md., April 4, 2008 /PRNewswire-FirstCall/ -- Dialysis Corporation of America (Nasdaq: DCAI) announced the development of a new facility in Pennsylvania, its eleventh facility in that state.
President & CEO Stephen Everett stated "We are thrilled to be continuing our growth in Pennsylvania, one of our core markets with a demonstrated track record of success. Our dedication to superior quality care for the patients we are responsible for and the highest level of service to the physicians we are associated with, will continue to provide DCA with opportunities and success in the markets we are committed to serve."
The new center, which will be located in Camp Hill, has been designed with patient comfort and efficiency in mind, and will have a total of twenty four treatment stations. In partnership with one of the areas top nephrologists, DCA expects the center to further solidify its leading role in the greater Harrisburg market.
Dialysis Corporation of America currently owns 35 free standing kidney hemodialysis centers in Pennsylvania, New Jersey, Georgia, Ohio, Maryland, Virginia and South Carolina providing patients with a full range of quality in-center, and at-home hemodialysis services, as well as providing in-hospital services in many of our markets.
This release contains forward-looking statements that are subject to risks and uncertainties that could affect the business and prospects of the company and cause actual results and plans to differ materially from those anticipated. Those factors include, but are not limited to, maintaining continued growth and profitability, delays beyond the company's control with respect to future business events, the highly competitive environment in the establishment and operation of dialysis centers, the ability to develop or acquire additional dialysis facilities, whether patient bases of the company's dialysis facilities can mature to provide profitability, the extensive regulation of dialysis operations, government rate determination for Medicare reimbursement, pricing pressure from private payors, and other risks detailed in the company's filings with the SEC, particularly as described in the company's annual report on Form 10-K for the fiscal year ended December 31, 2007. The historical results contained in this press release are not necessarily indicative of future performance of the company.
The company's press releases, corporate profile, corporate governance materials, quarterly and current reports, and other filings with the SEC are available on Dialysis Corporation of America's internet home page: http://www.dialysiscorporation.com.
|SOURCE Dialysis Corporation of America|
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