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"Phil has made many meaningful contributions to MedCath over the past twoand a half years, helping establish a disciplined system-wide approach tomanaging operations metrics and enhancing support for our hospitals. Wecongratulate him on his advancement, wish him much success in his new role,and thank him for his contributions to MedCath," French said. "Our search fora Hospital Division President is underway, and our efforts will focus onplacing an executive capable of advancing our strategic plans and goals inthis challenging operating environment."
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Morkel, also with MedCath for two and a half years, has been responsiblefor driving the company's revenue cycle, labor management and supply chainmanagement improvements during that time. "Increasing Derek's visibility andresponsibilities provides continuity and ensures there will be no disruptionduring our search for Phil's replacement," said French.
MedCath Corporation, headquartered in Charlotte, N.C., is a healthcareprovider focused on high acuity services with the diagnosis and treatment ofcardiovascular disease being a primary service offering. MedCath owns aninterest 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, whichis anticipated to open in fall 2009, in Kingman, Ariz. In addition, MedCathand its subsidiary MedCath Partners provide services in diagnostic andtherapeutic facilities in various states.
SOURCE MedCath Corporation
