The agreement marks MedCath’s fifth transaction since announcing in March it would consider divesting its hospital assets.
The Texsan Heart transaction is expected to close during MedCath’s second fiscal quarter of 2011, which ends March 31.
Read the release on Texsan Heart Hospital.
Read more coverage on MedCath:
– MedCath Completes Sale of Interest in Arizona Heart and Vascular Center
– MedCath Completes Sale of Heart Hospital of Austin to St. David’s
– Avera McKennan Completes Purchase of MedCath’s Stake in Avera Heart Hospital
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