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MedCath to Sell AZ Hospital for $31M

Margaret Dick Tocknell, for HealthLeaders Media, August 30, 2011

Hualapai Mountain Medical Center has struggled to find its market in Kingman. Taylor said it operated on a 15 to 20 patient per day census. The local economy has been troubled and access to the facility has been limited because a planned interstate ramp project was cancelled.

The sale continues the dissolution process that Charlotte-based MedCath began in May 2010. In its heyday, MedCath had ownership interests in 13 hospitals in nine states, 27 cardiac diagnostic and therapeutic facilities in 12 states, and a rental fleet of mobile and modular cardiac cath labs.

With the expected sale of Hualapai Mountain Medical Center only three hospitals remain in the MedCath fold: Bakersfield Heart Hospital in California, Harlingen Medical Center in Texas, and Louisiana Medical Center and Heart Hospital in Lacombe.

See Also:

Five parties vie for stake in Bakersfield Heart Hospital

 

 


Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
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