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Medical Facilities Corp T.DR

Alternate Symbol(s):  MFCSF

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.


TSX:DR - Post by User

Bullboard Posts
Post by JReynoldson Aug 10, 2017 7:41am
199 Views
Post# 26564766

Second Quarter 2017 Result look good !

Second Quarter 2017 Result look good !Second Quarter 2017 Summary Increased revenue by 25.2% to $96.1 million, from $76.7 million in Q2 2016, due to contributions from acquisitions and increases at existing facilities Surgical cases increased by 14.9%, and revenue per case was up due to a higher proportion of complex cases Increased EBITDA by 22.2% to $23.1 million from $18.9 million in Q2 2016 Paid monthly dividends of C$0.09375 per share, or C$1.125 per share on an annualized basis Payout ratio1 of 72.4% as compared with 82.8% in Q2 2016 ----------------------------------------------- Looks good,..
Bullboard Posts