SC 13G 1 s13g_0115-2002.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILES PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. )1 MedCath Corporation -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value -------------------------------------------------------------------------------- (Title of Class of Securities) 58404W 10 9 -------------------------------------------------------------------------------- (CUSIP Number) July 23, 2001 -------------------------------------------------------------------------------- Date of Event Which Requires Filing of this Statement Check the appropriate box to designate the rule pursuant to which this Schedule is Filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) -------- 1The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. CUSIP No. 58404W 10 9 Page 2 of 8 Pages --------------------------------------------------------------------- 1) Name of Reporting Person Welsh, Carson, I.R.S. Identification Anderson & Stowe No. of Above Person VII, L.P. (Entities Only) --------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] --------------------------------------------------------------------- 3) SEC Use Only --------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization --------------------------------------------------------------------- Number of 5) Sole Voting 5,071,867 shares Shares Beneficially Power of Common Stock Owned by Each Reporting Person With: ------------------------------------------- 6) Shared Voting Power -0- ------------------------------------------- 7) Sole Disposi- 5,071,867 shares of tive Power Common Stock ------------------------------------------- 8) Shared Dis- positive Power -0- ------------------------------------------- 9) Aggregate Amount Beneficially 5,071,867 shares of Owned by Each Reporting Person Common Stock --------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares --------------------------------------------------------------------- 11) Percent of Class Represented by 28.2% Amount in Row (9) --------------------------------------------------------------------- 12) Type of Reporting Person PN CUSIP No. 58404W 10 9 Page 3 of 8 Pages --------------------------------------------------------------------- 1) Name of Reporting Person WCAS Healthcare I.R.S. Identification Partners, L.P. No. of Above Person (Entities Only) --------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] --------------------------------------------------------------------- 3) SEC Use Only --------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization --------------------------------------------------------------------- Number of 5) Sole Voting 52,632 shares Shares Beneficially Power of Common Stock Owned by Each Reporting Person With: ------------------------------------------- 6) Shared Voting Power -0- ------------------------------------------- 7) Sole Disposi- 52,632 shares of tive Power Common Stock ------------------------------------------- 8) Shared Dis- positive Power -0- ------------------------------------------- 9) Aggregate Amount Beneficially 52,632 shares of Owned by Each Reporting Person Common Stock --------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares --------------------------------------------------------------------- 11) Percent of Class Represented by 0.3% Amount in Row (9) --------------------------------------------------------------------- 12) Type of Reporting Person PN CUSIP No. 58404W 10 9 Page 4 of 8 Pages Schedule 13G ------------ Item 1(a) - Name of Issuer: MedCath Corporation Item 1(b) - Address of Issuer's Principal Executive Offices: 10720 Sikes Place, Suite 300 Charlotte, North Carolina 28277 Item 2(a) - Name of Person Filing: This statement is being filed by Welsh, Carson, Anderson & Stowe VII, L.P., a Delaware limited partnership ("WCAS VII"), and WCAS Healthcare Partners, L.P., a Delaware limited partnership ("WCAS HP"). Item 2(b) - Address of Principal Business Office: 320 Park Avenue, Suite 2500 New York, New York 10022 Item 2(c) - Place of Organization: WCAS VII: Delaware WCAS HP: Delaware Item 2(d) - Title of Class of Securities: Common Stock, $.01 par value Item 2(e) - CUSIP Number: 58404W 10 9 Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b): Not applicable. Item 4 - Ownership. (a) Amount Beneficially Owned: WCAS VII: 5,071,867 shares of Common Stock WCAS HP: 52,632 shares of Common Stock (b) Percent of Class: WCAS VII: 28.2% WCAS HP: 0.3% CUSIP No. 58404W 10 9 Page 5 of 8 Pages (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: WCAS VII: 5,071,867 shares of Common Stock WCAS HP: 52,632 shares of Common Stock (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: WCAS VII: 5,071,867 shares of Common Stock WCAS HP: 52,632 shares of Common Stock (iv) shared power to dispose or to direct the disposition of: -0- Item 5 - Ownership of Five Percent or Less of a Class: Not applicable. Item 6 - Ownership of More than Five Percent on Behalf of Another Person: Not applicable. Item 7 - Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Company: Not applicable. Item 8 - Identification and Classification of Members of the Group: See Exhibit 2. Item 9 - Notice of Dissolution of Group: Not applicable. Item 10 - Certification: Not applicable. CUSIP No. 58404W 10 9 Page 6 of 8 Pages Signature: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. WELSH, CARSON, ANDERSON & STOWE VII, L.P. By: WCAS VII Partners, L.P., General Partner By /s/ Jonathan M. Rather -------------------------------------- General Partner WCAS HEALTHCARE PARTNERS, L.P. By: WCAS HP Partners, General Partner By /s/ Jonathan M. Rather ------------------------------------- Attorney-in-Fact Date: January 10, 2002 CUSIP No. 58404W 10 9 Page 7 of 8 Pages EXHIBIT 1 AGREEMENT OF WELSH, CARSON, ANDERSON & STOWE VII, L.P. AND WCAS HEALTHCARE PARTNERS, L.P. PURSUANT TO RULE 13d-1(k) ------------------------- The undersigned hereby agree that the Information Statement on Schedule 13G to which this Agreement is annexed as Exhibit 1 is filed on behalf of each of them in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. WELSH, CARSON, ANDERSON & STOWE VII, L.P. By: WCAS VII Partners, L.P., General Partner By /s/ Jonathan M. Rather -------------------------------------- General Partner WCAS HEALTHCARE PARTNERS, L.P. By: WCAS HP Partners, General Partner By /s/ Jonathan M. Rather ------------------------------------- Attorney-in-Fact Date: January 10, 2002 CUSIP No. 58404W 10 9 Page 8 of 8 Pages EXHIBIT 2 Identification and Classification of Members of the Group --------------------------------- Welsh, Carson, Anderson & Stowe VII, L.P.and WCAS Healthcare Partners, L.P. are filing this statement on Schedule 13G as a group. Welsh, Carson, Anderson & Stowe VII, L.P. is a Delaware limited partnership. Its sole general partner is WCAS VII Partners, L.P., a Delaware limited partnership. WCAS Healthcare Partners, L.P. is a Delaware limited partnership. Its sole general partner is WCAS HP Partners, a Delaware general partnership.