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Medical Facilities Corp T.DR

Alternate Symbol(s):  MFCSF

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.


TSX:DR - Post by User

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Comment by MrAndersonon Nov 20, 2017 1:52pm
123 Views
Post# 26997675

RE:RE:RE:RE:RE:Can they raise the dividend given their cash position?

RE:RE:RE:RE:RE:Can they raise the dividend given their cash position?Yes that is what I think as well.  But in the long haul mgt seems to be able to deal with changes in govt or insurance etc pretty well.  I expect people will always need medical attention and likey more then in the past because the population is aging and technology is always finding ways to fix more of our medical issues.  Overall in pretty much every country in the world medical cost are rising and faster than inflation so we can grow by just maintaining our share of a growing pie or by getting a larger slice of the pie by acquisitions.  Yes technology may create a less intrusive procedure that allows faster recovery or less meds/attention, but that just means you can process more patients in the same time, and we dont seem to be running out of people to treat.
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