Dynacq International Expands Flagship Inpatient Capability.Business Editors/Health & Medical Writers BIOWIRE2K HOUSTON--(BW HealthWire)--June 6, 2002 Dynacq International Inc. (Nasdaq:DYII) announced the renovation of its four outpatient outpatient /out·pa·tient/ (-pa-shent) a patient who comes to the hospital, clinic, or dispensary for diagnosis and/or treatment but does not occupy a bed. out·pa·tient n. surgical suites at Vista Medical Center in 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 to also accommodate inpatient inpatient /in·pa·tient/ (in´pa-shent) a patient who comes to a hospital or other health care facility for diagnosis or treatment that requires an overnight stay. in·pa·tient n. surgery, maximizing the suites' usage potential. "As part of management's focus on same-store growth, we are outfitting out·fit n. 1. A set of tools or equipment for a specialized purpose: a welder's outfit. See Synonyms at equipment. 2. A set of clothing, often with accessories. 3. the outpatient operating suites at our flagship campus for dual usage," said 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. of Dynacq. "It will maximize the suites' potential capabilities on the Vista campus and afford greater flexibility to benefit both patients and surgeons. "We have undertaken these modifications due to the demand for inpatient operating suite time," Chan noted. "The changes offer the potential to increase inpatient surgery by up to 50%. This initiative is part of our ongoing operational strategy to maximize facility utilization. "We anticipate final review and approval from the state by Sept. 1," Chan said. Dynacq International Inc. provides surgical healthcare services and related ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. services through surgical hospital facilities and outpatient surgical centers. Certain statements in this release are forward-looking. Although the Company believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. For factors that may cause results to differ materially from expectations and underlying assumptions, see reports by the Company filed with the Securities and Exchange Commission. For more information, please see our Web site at http://www.dynacq.com or contact Mike Hudec of Dynacq at invest@dynacq.com or call 713/378-3399. |
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