Item 1.01 Entry into a Material Definitive Agreement; 2.02 Results of Operations
and Financial Condition; Item 7.01 Regulation FD Disclosure
On October 1, 2009, MedCath Corporation ("MedCath") announced the sale of Sun
City Cardiac Center Associates ("Sun City"), a partnership owned 60% by MedCath
Partners, LLC, a wholly owned subsidiary of MedCath Incorporated which is a
wholly owned subsidiary of MedCath, and 40% by certain physician and other
investors, to Banner Health, an Arizona nonprofit health system, effective
September 30, 2009. A copy of the press release and the sales agreement are
included as Exhibit 99.1 and 99.2, respectively.
MedCath is providing unaudited consolidated statements of income which reflect
the results of operations of Sun City as a discontinued operation for the fiscal
years ended September 30, 2008 and 2007, all quarters for the fiscal year ended
September 30, 2008 and the first three quarters of fiscal 2009. The
aforementioned unaudited consolidated statements of income are included as
Exhibit 99.3.
The information set forth under Items 2.02 and 7.01 shall not be deemed "filed"
for purpose of Section 18 of the Securities Exchange Act of 1934, as amended,
nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended except as shall be expressly set forth by
specific reference in such filing.