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MedCath sells Coastal Carolina Heart for $5M

By Mecklenburg Times staff reports
Published: May 6,2011

MedCath Corp. today said it has completed the $5 million sale of its ownership interest and management agreement in Coastal Carolina Heart to New Hanover Regional Medical Center in Wilmington. CCH, part of the company’s MedCath Partners division, provides catheterization laboratory management services to New Hanover. MedCath had a 9.2 percent ownership interest in CCH.  MedCath [...]