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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 3, 1996
MEDCATH INCORPORATED
(Exact name of registrant
as specified in its charter)
North Carolina 33-85458 56-1635096
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
7621 Little Avenue, Suite 106, Charlotte, North Carolina 28226
(Address of principal executive offices)
Registrant's telephone number, including area code (704) 541-3228
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Item 5. Other Events
On September 3, 1996 MedCath Incorporated announced the opening of a new cath
lab pursuant to a joint venture agreement with the 258-bed Cape Cod Hospital, in
Hyannis, Massachusetts. Cape Cod Hospital and the nine cardiologists residing in
the Cape Cod area serve Barnstable county, with a year-round population of
189,000 which triples during the summer months.
Exhibits:
99 - Press Release dated September 3, 1996
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
MEDCATH INCORPORATED
Date: September 10, 1996 By: /s/ Daniel L. Belongia
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Daniel L. Belongia
Secretary and Chief Financial
Officer
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Exhibit 99
MEDCATH OPENS CATH LAB IN CAPE COD
Charlotte, North Carolina (September 3, 1996) - MedCath Incorporated
(Nasdaq/NM:MCTH) today announced the opening of a new cath lab pursuant to a
joint venture agreement with the 258-bed Cape Cod Hospital, in Hyannis,
Massachusetts. The new lab provides in-house cardiology and cardiovascular
services to the hospital.
Cape Cod Hospital and the nine cardiologists residing in the Cape Cod
area serve Barnstable county, with a year-round population of 189,000 which
triples during the summer months. MedCath's cath lab is the only cath lab in a
60-mile radius. The Cape Cod Hospital's emergency room has the third largest
annual volume in the state of Massachusetts.
Stephen R. Puckett, president of MedCath, said, "This cath lab, which
began operations on August 27th, represents the continuation and expansion of
our relationship with Cape Cod Hospital. Together with the hospital, using our
mobile cath lab, we developed this market for cardiology and cardiovascular
services. The resulting increased demand for such services in this area created
the need for a fixed site at the hospital. Through this partnership, the Cape
Cod community gains the benefit of a state-of-the-art facility on a
cost-effective basis."
MedCath Incorporated is a provider of cardiology and cardiovascular
services through the operation of specialized facilities and the management of
physician practices. The Company operates one specialty heart hospital and has
four additional heart hospitals under development, manages two medical practices
comprised of a total of 66 physicians, manages fixed-site cardiac diagnostic and
therapeutic centers, and owns and operates mobile cardiac catheterization
laboratories serving networks of hospitals.
