Medical Facilities Corp T.DR

Alternate Symbol(s): MFCSF

Healthcare

Medical Facilities Corporation is a Canada-based company, which owns a diverse portfolio of surgical facilities in the United States. The Company owns interest in four specialty surgical hospitals (SSHs) located in Arkansas, Oklahoma, and South Dakota, and one ambulatory surgery centers (ASC) located in California. ASCs are specialized surgical centers that only provide outpatient procedures, whereas SSHs are licensed for both inpatient and outpatient surgeries. The SSHs and ASC provide facilities, including staffing, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging, and diagnostic procedures. In addition, two of the SSHs provide urgent care services. The Company's subsidiaries include Arkansas Surgical Hospital, LLC, Oklahoma Spine Hospital, LLC, Black Hills Surgical Hospital, LLP, Sioux Falls Specialty Hospital, LLP, and The Surgery Center of Newport Coast.

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Medical Facilities Corp

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Comment by xtdon Jun 13, 2017 11:00pm

214 Views

Post# 26359574

RE:CEO departure

Had he left of his own free will I'm sure notice would have been given and the
board would have thanked him for his sevice and wished him well in his new endevour
Looks to me like he had a disagreement with the board, likely with his expansion plans
and he was given the hook. Definitely it looks like he did not leave on good terms.
However this was a succesful company before him and i'm sure will be still. He did
nothing for the share price so I'm not overly upset to see him go.

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