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MedCath Announces Venture With Two New Jersey Hospitals
Date:2/19/2008

CHARLOTTE, N.C., Feb. 19 /PRNewswire-FirstCall/ -- MedCath Corporation (Nasdaq: MDTH) announced today that MedCath Partners, LLC has entered into a new strategic relationship with Solaris Health System of Edison, N.J.

MedCath Partners, LLC, will participate in a new venture to manage the catheterization laboratories of Solaris's two acute care hospitals, JFK Medical Center and Muhlenberg Regional Medical Center. Solaris, local cardiologists, and MedCath will own equal shares of the management company.

"Our partnership with MedCath will reinforce our commitment to providing quality and compassionate healthcare services to our diverse communities," said John P. McGee, President and Chief Executive of Solaris. "We value MedCath's experience in providing excellent cardiovascular services and maintaining strong relationships with the cardiologists. We are excited about using this venture as a way to continue to improve the scope and quality of cardiovascular services to the patients in our community."

Edison-based JFK Medical Center consists of a 399 bed teaching hospital and the adjacent 94 bed JFK Johnson Rehabilitation Institute. Muhlenberg Regional Medical Center is a 396-bed acute care facility in Plainfield, N.J., that provides inpatient and outpatient services in all major medical specialties. Solaris was created in 1997 when the two hospitals consolidated into one organization. The Solaris network also includes long-term care centers, assisted living communities and schools of nursing, medical imaging and therapeutic sciences.

"This venture with Solaris - MedCath Partners' third agreement announced since last summer - is a key element in our five-point strategic growth plan for MedCath," said Ed French, MedC
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SOURCE MedCath Corporation
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