Medical Facilities Corp T.DR

Alternate Symbol(s): MFCSF

Healthcare Medical Care

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 borne2runon Aug 11, 2019 9:34pm

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Post# 30016679

RE:RE:RE:RE:RE:What’s happening ?

Olive, I suggest you plot your favorite operating metrics for the last 12 quarters. Skipping ahead, I will provide you with the answer - all in decline. Almost every acquisition has been dilutive, with the sellers taking management to the cleaners. At this stage, investors are hoping for a miracle. Good luck with that. There are much better income vehicles out there. They don't yield 12% but they are also much less likely to drop 30% over the next year or so, which is where Medical Facilities is headed after the dividend is cut.

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