HANOVER, Md., April 5, 2004 (PRIMEZONE) -- Dialysis Corporation of America (Nasdaq:DCAI) announced the opening of a new facility in Pottstown, Pennsylvania, the company's sixth new center in the state.
Company President and CEO Stephen Everett commented, "This new facility, the construction of which was previously announced, received its medicare certification and is now open to serve the patients of the Pottstown area. We are excited to be continuing our expansion in Pennsylvania through the development of the Pottstown center, which is the company's third new facility this year."
The Pottstown dialysis facility, located near the Pottstown Memorial Medical Center, offers state-of-the-art equipment and technology, has been designed with patient comfort in mind, and includes 18 treatment stations, along with a Peritoneal Suite for patients opting for that modality.
Dialysis Corporation of America owns and operates freestanding kidney hemodialysis centers located in Georgia, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, and Virginia, and provides in-hospital dialysis services on a contract basis to certain hospitals located in the those states. The company provides patients with their choice of a full range of quality in-center, acute or at-home hemodialysis services.
This release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results and plans to differ materially from those anticipated. Those factors include but are not limited to, certain delays beyond the company's control with respect to future business events, regulation of dialysis operations, government rate determination for Medicare reimbursement, the highly competitive environment in the establishment and operation of dialysis centers, the ability to develop additional dialysis facilities, whether patient bases of our facilities can expand to provide profitability, and other risks detailed in the company's filings with the Securities and Exchange Commission, particularly as described in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2003.
Other Dialysis Corporation of America press releases, corporate profile and the most recent annual report on Form 10-K for the year ended December 31, 2003, and our quarterly reports for fiscal 2003 are available on Dialysis Corporation of America's internet home page: http://www.dialysiscorporation.com.