MedCath announced it will build a $30 million heart hospital in Little Rock, Ark., in a joint venture with local cardiologists.
The 80-bed Arkansas Heart Hospital, expected to open by late 1996, will be the company's second. Its $23 million McAllen (Texas) Heart Hospital is expected to open in late October.
The cardiology firm will use clinical pathways, patient-focused care and monitoring systems.
"We absolutely believe we can significantly reduce the cost of providing that care while improving the quality" from what general acute-care facilities provide, Chief Operating Officer David Crane said.
MedCath said local cardiologists will participate in the design, development and management of medical matters.
Charlotte, N.C.-based MedCath is partnering with 10 cardiologists, two cardiovascular surgeons and 37 other physicians in McAllen but has not picked its physician partners in Arkansas. MedCath will own a majority interest and serve as manager of both facilities.
MedCath manages five fixed-site cardiac diagnostic and therapeutic centers, manages a 49-physician multispecialty medical group in Sun City, Ariz., and owns and operates mobile cardiac catheterization laboratories serving hospital networks in the Midwest, Southeast and Southwest.