Dynacq International Doubles Surgical Hospital's Capacity.Business Editors/Health & Medical Writers BIOWIRE2K HOUSTON--(BW HealthWire)--Nov. 8, 2001 Dynacq International Inc. (Nasdaq:DYII) has doubled the surgical capacity of its Vista Medical Center Hospital in nearby Pasadena Pasadena (păs'ədē`nə). 1 City (1990 pop. 131,591), Los Angeles co., S Calif., at the base of the San Gabriel Mts.; inc. 1866. , Texas, announced Chiu M. Chan, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The new operating rooms operating room n. Abbr. OR A room equipped for performing surgical operations. , intensive care unit and pre-operative and recovery rooms have been surveyed and approved by the Texas Department of Health and placed into service today. Construction expenses were paid out of earnings with no debt incurred. "Completion of this important construction project is further confirmation of our strong focus on same-store growth," stated Chiu M. Chan, chairman and CEO. "Inauguration INAUGURATION. This word was applied by the Romans to the ceremony of dedicating some temple, or raising some man to the priesthood, after the augurs had been consulted. It was afterwards applied to the installation (q.v. of the new surgical facilities at our flagship surgical hospital in Pasadena completes the goal of doubling our surgical capacity in the Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; market -- from five to ten operating rooms -- in the past twelve months," Chan added. "Selective regional expansion, as reflected by our previously announced hospital acquisition last month in Baton Rouge Baton Rouge (băt`ən r  zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La., also
helps achieve our strategic growth goals. By associating Dynacq with
premier surgeons and excellent patient care, we will achieve the full
potential of each of our surgical hospitals, Chan said.
Dynacq International Inc. was recently ranked No. 2 among "America's 200 Best Small Companies" by Forbes Forbes , B(ertie) C(harles) 1880-1954. American publisher and businessman who founded and edited (1916-1954) Forbes magazine. His son Malcolm Stevenson Forbes magazine and No. 3 among "America's Fastest Growing Small Public Companies" by Fortune Small Business magazine. Dynacq International Inc. specializes in developing, owning and operating community-based surgical facilities designed to meet the needs of leading surgeons and their patients. Certain statements in this release are forward-looking. Although the Company believes its expectations are based on reasonable assumptions within the bounds of knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. Please refer to the reports filed by the Company with the Securities and Exchange Commission for factors that may cause results to differ. For more information, please contact Dick Schey of Schey Advertising/Public Relations at 713/522-8300 or by e-mail at scheyadv@aol.com. |
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