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

ath's President and Chief Executive Officer. "We are excited about the opportunity to work with such an excellent organization and high-quality physicians to expand this cardiac catheterization program in Central New Jersey."

MedCath will make a capital investment of approximately $1.0 million in the venture and the other members will make pro rata capital contributions as well. MedCath anticipates that this venture will add $0.02 earnings per diluted share annually.

MedCath Partners, LLC's primary focus is assisting healthcare organizations form joint ventures to manage hospital-based cardiac catheterization laboratories.

MedCath Corporation, headquartered in Charlotte, N.C., is a healthcare provider focused on high acuity services with the diagnosis and treatment of cardiovascular disease being a primary service offering. MedCath owns interests in and operates ten hospitals with a total of 663 licensed beds, located in Arizona, Arkansas, California, Louisiana, New Mexico, Ohio, South Dakota, and Texas. In addition, MedCath and its subsidiary MedCath Partners provide services in diagnostic and therapeutic facilities in various states.

Parts of this announcement contain forward-looking statements that involve risks and uncertainties. Although management believes that these forward- looking statements are based on reasonable assumptions, these assumptions are inherently subject to significant economic, regulatory and competitive uncertainties and contingencies that are difficult or impossible to predict accurately and are beyond our control. Actual results could differ materially from those projected in these forward-looking statements. We do not assume any obligation to update these statements in a news release or otherwise should material facts or circumstances change in ways that would affect their accuracy.

These various risks and uncertainties are described in detail in "Risk Factors" in MedCath's Form 10-K filed with the Secur
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SOURCE MedCath Corporation
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