NASHVILLE, Tenn., Oct. 3, 2011 /PRNewswire/ -- Cardiovascular Care
Group (CCG) today announced that it has finalized the acquisition
of Louisiana Medical Center and Heart Hospital from MedCath
Corporation (NASDAQ:MDTH). The acquisition is the first in CCG's
effort to create a national network of innovative and comprehensive
cardiovascular care delivery systems.
CCG is led by a team of veteran health care executives. "We are
committed to working with a multidisciplinary team of physicians,
nurses, and other health professionals to deliver patient-centric
and evidence-based care to individuals who are at risk or who have
already developed manifestations of cardiovascular disease.
Through our model of integration and alignment with
cardiovascular physicians we plan to build on the already solid
clinical reputation of Louisiana Medical Center and Heart
Hospital," said Harry R. Jacobson,
M.D., Chairman of CCG's Board.
Located in the Greater New
Orleans market, 137-bed Louisiana Medical Center and Heart
Hospital provides comprehensive acute inpatient and outpatient
services to patients in three Louisiana parishes and southern Mississippi counties. It has been recognized
as one of the top cardiovascular care hospitals in the country.
CCG has committed to making significant capital investments to
upgrade the hospital's clinical and information technology systems
as it works toward creating a Cardiovascular Center of Excellence.
Financial terms of the deal were not disclosed.
About Cardiovascular Care Group
Cardiovascular Care Group (CCG) is a physician-driven company
that partners with cardiovascular physicians to address the
fundamental problems in the delivery of care for patients with
cardiovascular disease. CCG's goal is to break down the barriers
caused by today's fragmented delivery system that have led to
suboptimal and more expensive cardiovascular care. From screening
to prevention to intervention and management of advanced disease,
CCG is committed to an evidence-based and team-based approach to
patient care.
Contact: Rebecca
Kirkham
Lovell Communications
615-297-7766
SOURCE Cardiovascular Care Group
