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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Post by cheval57on Aug 12, 2019 8:36pm

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Post# 30020200

Disaster

I bought shares of that company because of the kind of business they are in.
What can go wrong with a company in the medical sector I thought.
Good dividend, sure business.
Wow. Was I wrong.
Hoping for better times.
At least I will get my dividend in three days.
But what about the future dividends?

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue