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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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Post by XRRH2008on Jul 06, 2020 11:55am
288 Views
Post# 31228927

Noticed this on Seeking Alpha today: MFC Receives $25M

Noticed this on Seeking Alpha today: MFC Receives $25M

Medical Facilities Receives $25 Million Balance Sheet Injection

|About: Medical Facilities Corporation (MFCSF)
Summary

MFCSF has closed on the sale of the real estate assets underlying Unity Medical and Surgical Hospital.

Gross proceeds will be used to reduce the outstanding balance on MFC's operating credit facility.

https://seekingalpha.com/instablog/51758404-sharepitch/5468985-medical-facilities-receives-25-million-balance-sheet-injection


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