Medical Facilities Corp T.DR

Alternate Symbol(s): MFCSF

Healthcare

Medical Facilities Corporation is a Canada-based company, which owns a 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 and derive their revenue primarily from the fees charged for the use of these facilities. In addition, two of the SSHs provide urgent care services. The facilities focus on a limited number of clinical specialties such as orthopedics, neurosurgery, pain management and other non-emergency elective procedures.

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Medical Facilities Corp

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Post by cagrin101on Nov 13, 2017 2:26pm

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Post# 26953184

There is a share buyback program :)

From the recent quarterly financial report: "During the three months ended September 30, 2017, the Corporation purchased 35,600 of its common shares for $0.4 million. During the nine months ended September 30, 2017, the Corporation purchased 95,600 of its common shares for $1.1 million."
"As at September 30, 2017, the Company had 30,950,345 common shares outstanding."

https://www.stockhouse.com/news/press-releases/2017/11/09/medical-facilities-corporation-reports-third-quarter-2017-financial-results

GLTA (except the shorts:)

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