MedCath Corporation was an American cardiac health care company, publicly traded on the NASDAQ. The company was founded in 1988 as MedCath Partners, a for-profit corporation that offered cath lab, nuclear cardiology, and sleep medicine services. By 1998, the firm was known as Medcath, Inc. In 1994, the company began opening and operating acute care cardiac hospitals. Following passage of ObamaCare, which banned new physician-owned hospitals, MedCath sold its health care assets through a series of divestitures, liquidated, dissolved and distributed net proceeds to its shareholders.