Linthicum, Md., July 12, 2004 (PRIMEZONE) -- Dialysis Corporation of America (Nasdaq:DCAI) announced the opening of a new facility in Rockville, Maryland, the company's second in the state.
Company president and CEO Stephen Everett commented, "Adding yet another center to our Mid-Atlantic region at this time is directly in line with our strategic plans, and further attests to our commitment of expansion in the Maryland and Virginia markets." The new state-of-the-art facility is centrally located for easy patient access and convenience, has 15 patient treatment stations, and has been designed to enhance patient comfort and safety.
As previously announced, the company has also completed transactions for a new facility currently under construction in Virginia, expected to be opening later this year.
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, the highly competitive environment in the establishment and operation of dialysis centers, the ability to develop or acquire additional dialysis facilities, whether patient bases of our facilities can expand to provide profitability, regulation of dialysis operations, government rate determination for Medicare reimbursement, 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, corporate governance materials, and the most recent annual report on Form 10-K for the year ended December 31, 2003, and our first quarterly report for fiscal 2004 are available on Dialysis Corporation of America's internet home page: http://www.dialysiscorporation.com.