MedCath Corporation Names David Bussone as Executive Vice President and President,...

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 7:30am EDT

MedCath Corporation Names David Bussone as Executive Vice President and
President, Operating Division


CHARLOTTE, N.C., Aug. 17 /PRNewswire-FirstCall/ -- MedCath Corporation
(Nasdaq: MDTH), a healthcare provider focused on high acuity healthcare
services, predominately the diagnosis and treatment of cardiovascular disease,
today announced that David Bussone has been named Executive Vice President and
President of the Operating Division. He'll oversee the Company's Hospital
Division, MedCath Partners and Service Centers in Charlotte and Dallas that
support operations, such as physician recruiting, management engineering,
supply chain management and marketing.

Bussone joins MedCath after serving as senior vice president for Universal
Health Services, Inc.'s (UHS) acute division, where he was responsible for a 
division comprised of 11 acute care hospitals, with a 12th under construction.
In his four years at UHS, Bussone helped boost profit margins while also
improving the level of care patients receive. He gained experience developing
and opening new acute care hospitals. And he's worked closely with physicians
and employees, leading to survey results that show high levels of employee
engagement and physician satisfaction.

Before joining UHS, Bussone led turnaround efforts at several facilities. They
ranged from large, tertiary, teaching hospitals that he helped during his five
years as senior vice president with Cambio Health Solutions in Brentwood,
Tenn., to smaller, acute care facilities that he worked with as CEO of Apparo
Healthcare, a consulting firm he founded to help hospitals and health systems
improve their operations, finances and performance. 

Prior to that, Bussone spent three years as CEO of two Hospital Corporation of
America (HCA) hospitals in Florida - his second stint with HCA after beginning
his career there in 1979 as an associate administrator. He also served three
years as the CEO of Tampa General Healthcare, a 1,050-bed teaching hospital,
where he helped diversify the services offered by acquiring a 150-bed
psychiatric facility.  Bussone also has experience with two doctor-hospital
joint ventures, as well as Ambulatory Surgical Center (ASC) development and
operation.

"I've known David for many years and have known him to enjoy a reputation for
working hard, focusing on operational details and being committed to excellent
employee and doctor engagement," says O. Edwin French, MedCath's president and
CEO. "He joins us after improving earnings and growing the largest acute
division for a major, successful acute care company, a testament to his
qualifications to bring value to MedCath.  David's experience in market growth
and operations fine-tuning will be a perfect fit with our energies dedicated
to growing our markets.  With the addition in June of an experienced, senior
operating executive to operate the western region and, now, David Bussone's
appointment, MedCath has the operating talent that expands our capacity for
new operating units as well as further development of existing units."

Bussone, who has an M.B.A. with a healthcare concentration from Boston
University and a bachelor's from UMass-Amherst, will be based out of MedCath's
Charlotte Service Center. 

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 755 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.


SOURCE  MedCath Corporation

O. Edwin French, President & Chief Executive Officer, +1-704-708-6600; Art
Parker, Interim Chief Financial Officer, +1-704-708-6600, both of MedCath
Corporation
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.