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.

TSX:DR - Post by User

Medical Facilities Corp

<< Previous

Bullboard Posts

Next >>

Post by sandinoon Mar 11, 2021 9:20am

186 Views

Post# 32771136

Q3 -2020 versus Q4 - 2020

Q3 2020 summary

Facility service revenue totalled $96.3-million;

Total revenue and other income increased 2.4 per cent to $98.8-million, including $2.5-million of government stimulus income recognized by the surgical hospitals and ambulatory surgery centres (ASC);

Income from operations increased to $17.6-million;

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased 9.6 per cent to $24.6-million;

Q4 2020 Summary

Facility service revenue $107.1 million;

Case volumes improved

Total revenue and other income, including government stimulus income of $2.4 million, to $109.5 million;

Income from operations $21.6 million

EBITDA2 $28.4 million

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle