Navigation Links
MedCath Corporation Reports Second Quarter Earnings
Date:5/6/2008

-- Same facility adjusted admissions up 4.6% in second quarter of fiscal

2008 compared to the second quarter of fiscal 2007 -- Cash flow from continuing operations up 17.6% in second quarter of

fiscal 2008 compared to second quarter of fiscal 2007

CHARLOTTE, N.C., May 6 /PRNewswire-FirstCall/ -- MedCath Corporation (Nasdaq: MDTH), a healthcare provider focused on high acuity healthcare services, predominately the diagnosis and treatment of cardiovascular disease, today announced its operating results for its second fiscal quarter, which ended March 31, 2008.

Second Quarter 2008 Results

On April 21, 2008 MedCath announced preliminary results for the second quarter of fiscal 2008. This press release presents the final results for the quarter on an actual and a same facility basis.

During its fourth quarter of fiscal 2007, MedCath completed the recapitalization of Harlingen Medical Center ("HMC"). As part of the recapitalization, MedCath's ownership in HMC was reduced from a majority ownership to a minority ownership. Due to this change in ownership, MedCath began accounting for HMC as an equity investment in the quarter ended September 30, 2007. As such, MedCath's consolidated operating results for the quarter ended March 31, 2008 exclude net revenue, income from operations and Adjusted EBITDA of HMC. In comparison, MedCath's consolidated actual results for the comparable quarter of the previous fiscal year include the consolidated financial results of HMC.

During its second quarter of fiscal 2008, MedCath announced that it had entered into a definitive agreement to sell substantially all of the assets of its Dayton Heart Hospital, located in Dayton, Ohio. As such, MedCath now
'/>"/>

SOURCE MedCath Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. MedCath Corporation to Present at the Deutsche Bank Securities 33rd Annual Health Care Conference
2. MedCath Provides Preliminary Second Quarter Fiscal 2008 Earnings and Updates Fiscal 2008 Outlook
3. Woodrin Woody Grossman Appointed to MedCaths Board of Directors
4. Pamela G. Bailey and Edward R. Casas, M.D. Appointed to MedCaths Board of Directors
5. MedCath Announces Acquisition of Ownership in Arizona Cath Lab
6. MedCath Enters Definitive Agreement to Sell Dayton Heart Hospital to Good Samaritan Hospital-Dayton
7. MedCath Corporation to Present at the Citi 2008 Small and Mid-Cap Conference
8. MedCath Corporation to Present at the Raymond James 29th Annual Institutional Investors Conference
9. MedCath Announces Venture With Two New Jersey Hospitals
10. MedCath Plans 60-bed Expansion at TexSAn Heart Hospital
11. MedCath Corporation Reports First Quarter Earnings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... Jaha was founded with a vision that fitness is ... industry’s most affordable fitness tracker together with an app to ... Jaha plans to announce their latest concept, an ... locate, challenge and motivate. , The Jaha Kickstarter ... support and to raise awareness on this new concept for ...
(Date:8/27/2014)... August 27, 2014 Nava Beauty Store and ... to all patrons from those seeking luxury care products to ... They carry high end luxurious brands like Valmont and Elemis ... also sells brands like Dermalogica and Bliss to provide easy ... customers. They also offer purely organic skin care products such ...
(Date:8/27/2014)... Many patients believe mental illness is ... has a mortality rate of about 15%. The ... less, though it's offset by an alarming homicide rate ... to properly treat and manage symptoms of mental illnesses ... taken as directed. Missed dosages or cutting pills ...
(Date:8/27/2014)... (PRWEB) August 27, 2014 Sugar ... climatic conditions and fluctuations in global supply and demand, ... past five years. The industry derives a large share ... subject to global market dynamics, with supply and prices ... and India. A strong Australian dollar for the majority ...
(Date:8/27/2014)... Mass., (PRWEB) August 27, 2014 BCC ... ADVANCED ORTHOPEDIC TECHNOLOGIES, IMPLANTS AND REGENERATIVE PRODUCTS , ... to increase from $36.4 billion by 2014-end to $42.2 ... (CAGR) of 3% from 2014 to 2019. New technologies ... major driving forces within the market. , While there ...
Breaking Medicine News(10 mins):Health News:Jaha, Inc. The Most Affordable Fitness Band in the Market Released on Kickstarter 2Health News:Nava Beauty Store Announce Grand Opening in Great Neck, New York 2Health News:MedicationDiscountCard.com now Makes Brintellix and Mental Illness Medications More Affordable with Discount Cards 2Health News:Sugar Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld 2Health News:Sugar Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld 3Health News:Sugar Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld 4Health News:Global Market for Advanced Orthopedic Technology to Reach $42.2 Billion in 2019; Biotechnological Advancements Driving the Market 2Health News:Global Market for Advanced Orthopedic Technology to Reach $42.2 Billion in 2019; Biotechnological Advancements Driving the Market 3
... themselves and their partners, organizers say , FRIDAY, June ... of HIV testing is among the goals of the ... To mark the day, thousands of HIV testing sites, ... fairs, provide community and media outreach, host special testing-related ...
... Trends, News and Insights to Eye Care Practitioners Nationwide , ... & Lomb announces the launch of the Center for Patient ... to unbiased industry information, trends, market research, and insights for ... Patient Insights, main goal is to deliver news and insights ...
... CVS Caremark (NYSE: CVS ) is proud ... nation,s leading corporations for innovative programs promoting a healthy workplace and ... about their own health and well-being. , , ... , CVS Caremark received the Best Employers for Healthy Lifestyles ...
... Get ... Centers for Disease Control and Prevention (CDC) estimates that one out of five people living with ... is an opportunity for people nationwide to gain knowledge to take control of their health and ... Ft. Myers, FL (PRWEB) ...
... ... the nation,s third largest nationally recognized physician multi-specialty certifying organization , has formed ... ... American Board of Physician Specialties (ABPS) today announced the formation of the American Board ...
... 25 Caraco Pharmaceutical Laboratories, Ltd. (NYSE Amex: ... request of the Food and Drug Administration, today arrived ... The seizure also included ingredients held at these same ... facility, completed in May 2009, found unresolved violations of ...
Cached Medicine News:Health News:Bausch & Lomb Announces New Center for Patient Insights 2Health News:CVS Caremark Recognized with Gold Award from National Business Group on Health for Promoting Healthy Lifestyles for Employees 2Health News:CVS Caremark Recognized with Gold Award from National Business Group on Health for Promoting Healthy Lifestyles for Employees 3Health News:JustGetTested.com Offers Fast, Confidential HIV Testing to Mark National HIV Testing Day 2Health News:American Board of Family Medicine Obstetrics Formed 2Health News:Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Action 2
(Date:8/27/2014)... -- "Fatty Liver Disease Global Clinical Trials Review, H2, ... trial scenario. This report provides elemental information and data ... Disease . It includes an overview of the trial ... of trial conduction across the globe. The databook offers ... phase, trial status, prominence of the sponsors and also ...
(Date:8/27/2014)... WARSAW, Ind. , Aug. 27, 2014  Zimmer ... in musculoskeletal care, announced that it will be participating ... the Grand Hyatt in New York, New ... David Dvorak , President and CEO of Zimmer, will ... Binder , President and CEO of Biomet, will join ...
(Date:8/27/2014)... , NEW YORK and LONDON ... provider of market research solutions, MarketResearch.com is pleased ... its Kalorama Information Medical Devices Knowledge Center. ... easy-to-use platform hosting the latest market research in ... entire library of reports from industry expert, Kalorama ...
Breaking Medicine Technology:Fatty Liver Disease Therapeutics Clinical Trials Market Review 2014 Analysis Report Available at MarketOptimizer.org 2Fatty Liver Disease Therapeutics Clinical Trials Market Review 2014 Analysis Report Available at MarketOptimizer.org 3Fatty Liver Disease Therapeutics Clinical Trials Market Review 2014 Analysis Report Available at MarketOptimizer.org 4Fatty Liver Disease Therapeutics Clinical Trials Market Review 2014 Analysis Report Available at MarketOptimizer.org 5MarketResearch.com: New Medical Devices Research Reports Added to Kalorama Information Knowledge Center 2MarketResearch.com: New Medical Devices Research Reports Added to Kalorama Information Knowledge Center 3
... SEATTLE, May 2, 2011 CMC Biologics, a ... Copenhagen, Denmark and Seattle, Washington USA, announced today ... at its Chief Executive Officer. CMC Biologics, a ... world class, fully integrated, biopharmaceutical process development and ...
... SAN DIEGO, May 2, 2011 Volcano Corporation (NASDAQ: ... of precision intravascular diagnosis and therapy guidance tools designed ... disease, said today that it will be participating in ... May 10. The presentation by John Dahldorf, ...
Cached Medicine Technology:CMC Biologics Announces Appointment of New CEO 2
... The new line of Myoquick systemplus Multi-channels Evoked ... of Micromed in the neurophysiology field and shows ... Multi-channel EP unit adopt the 32 channels headbox ... of the ISA 100x EP family headboxes: ISA ...
Solid steel construction for lifelong quality. Strong, smooth and quiet electro-mechanical up/down movement. Dual castor, locking wheels for use on carpet or tile flooring. Easy cleaning, deluxe lami...
If you presently have an exam chair that is separate from the instrument stand, we can solve your access problem with a Burton 1200 Chair-exchanger...
... A marvel of engineering and innovative ... precision, unparalleled quality and masterful workmanship. At ... bring the ophthalmic industry a truly innovative ... From product design to quality construction and ...
Medicine Products: