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MedCath Corporation (MDTH) to Hold Conference Call on Second Quarter Results


5/21/2009 8:54:55 AM

CHARLOTTE, N.C., May 20 /PRNewswire-FirstCall/ -- MedCath Corporation will host a conference call Friday, May 22, at 10 a.m. Eastern Time to discuss results from its second quarter ended March 31, 2009. The company will issue a press release announcing those results and file its Form 10-Q with the Securities and Exchange Commission prior to the earnings call.

The conference call will be archived and accessible by dialing (800) 642-1687 (domestic callers) or (706) 645-9291 (international callers). The archived conference ID is 11062123. The call will be accessible until 11:59 p.m. ET on June 5, 2009. It also will be available on the company's web site (www.medcath.com) on or immediately following May 22 for 30 days.

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 an interest in and operates nine hospitals with a total of 676 licensed beds, located in Arizona, Arkansas, California, Louisiana, New Mexico, South Dakota, and Texas. MedCath is in the process of developing its tenth hospital, which is anticipated to open in fall 2009, in Kingman, Ariz. 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, including the announcement of earnings for our fiscal quarter ended March 31, 2009, the filing of our Form 10-Q for the same period and compliance with the reporting and other requirements of our credit agreement. 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 including, but not limited to, enactment of changes in federal law that would limit physician hospital ownership. 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.

CONTACT: O. Edwin French, President & Chief Executive Officer,
+1-704-708-6600, or Jeff Hinton, Chief Financial Officer, +1-704-708-6600,
both of MedCath Corporation

Web site: http://www.medcath.com/


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