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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 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 JReynoldson May 30, 2019 10:50pm
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Post# 29787443

RE:Seems like this will never stop it's slide...

RE:Seems like this will never stop it's slide...
In the recent webcast on the 1st quarter earnings results, relevant questions were raised,.. following were the answers from the CEO or the CFO :- 1) the revenue is normally more skewed towards to the latter quarters of the year, with the first quarter generally weaker in performance. 2) the BOD has no intention to change the dividend payout policy, and amount.
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