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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Comment by MrAndersonon May 10, 2018 10:41am

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Post# 28011214

RE:Share holders not happy

I can hear Dr McCoy saying “Damit Jim, I’am a doctor not a business man”

they lost some shareholders confidence here, many people had possibly hoped they would have started to turn the corner to better earnings by now. They should be able to eventually do that, question is how long and can they retain this dividend level while this happens. Only time will tell.

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