FPRESS RELEASE                Source: Integrated Healthcare Holdings Inc.

INTEGRATED HEALTHCARE HOLDINGS INC. AGREES TO ACQUIRE FOUR TENET HOSPITALS IN
ORANGE COUNTY

Thursday September 30, 7:01 pm ET

HOSPITAL SERVICES TO REMAIN UNCHANGED

COSTA MESA, Calif.--(BUSINESS WIRE)--Sept. 30, 2004--Integrated Healthcare
Holdings Inc. (IHHI) (OTCBB:IHCH - News) of Costa Mesa announced today that it
has agreed to acquire four hospitals located in Orange County, Calif., from
Tenet Healthcare Corp. The four hospitals are: 280-bed Western Medical Center -
Santa Ana; 188-bed Western Medical Center - Anaheim; 114-bed Chapman Medical
Center in Orange; and 178-bed Coastal Communities Hospital in Santa Ana.

The net purchase price is approximately $70 Million, subject to closing
adjustments. The purchase is expected to close on Nov. 30, 2004, subject to
customary closing conditions, including regulatory approvals.

These hospitals offer a variety of services, including emergency rooms, cancer
centers, women's health, pediatrics and a variety of other acute care services.
Integrated Healthcare Holdings intends to maintain and improve upon the services
already provided at these important hospitals, including continuing the trauma
center at Western Medical Center in Santa Ana.

Larry B. Anderson, president of IHHI, stressed the local ownership and
management expertise IHHI brings to the community. "Our company was formed to
bring financial stability, strong management and fresh ideas to deliver quality
medical care to the communities we serve. As a locally based owner/operator, we
are involved personally and professionally with the community and are committed
to expanding and improving doctor and patient-driven care."

The company has agreed to offer employment to substantially all current
employees who are in good standing and to provide comparable wages and benefits.
Dan Brothman, currently chief executive officer of Western Medical Center, will
join IHHI as senior vice president-operations in charge of all four hospitals.
According to Anderson, "Dan's new role will ensure the continuing quality of
care at these hospitals and the continuity of management as we move forward."

Century City-based law firm Hooper, Lundy & Bookman, Inc assisted in the health
care transaction.

About Integrated Healthcare Holdings Inc.

Integrated Healthcare Holdings Inc. is a publicly traded company based in Costa
Mesa. IHHI is led by a team of healthcare professionals skilled in the
management and operation of successful acute care hospitals. The management team
is committed to provide quality patient care; recruit, hire and retain the best
employees; listen and respond to the needs of patients, employees and
physicians; and ensure that all stakeholders are involved in the decisions which
affect them.

This press release contains forward-looking statements. Forward-looking
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from those discussed or projected.
Statements in this press release regarding the business of Integrated Healthcare
Holdings Inc., which are not historical in nature, are "forward-looking
statements" that involve risks and uncertainties. Although we believe that the
expectations reflected in such forward-looking statements are reasonable, we can
give no assurance that such expectations will prove to have been correct. Actual
results may differ materially from those anticipated, estimated, or projected in
the forward-looking statements due to risks and uncertainties, including those
discussed in our Annual Report on Form 10-KSB under the caption "Risk Factors."
Readers are cautioned not to place undue reliance on forward-looking statements,
which speak only as of their dates.


Contact:
     Waters & Faubel for Integrated Healthcare Holdings Inc.
     Meg Waters, 949-768-1600
     Cell: 949-584-4977

Source: Integrated Healthcare Holdings Inc.