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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.


TSX:DR - Post by User

Medical Facilities Corp
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Comment by Charleneon Jan 22, 2020 7:43pm
153 Views
Post# 30585872

RE:RE:Medical Facilities Corporation Announces Sale of Ambulatory

RE:RE:Medical Facilities Corporation Announces Sale of Ambulatory It is good news.  Too bad they didn't disclose the amount.  The new COO needs time to implement his plan.  I suspect we will see positive results in about 2Q.   Between now and then anything (good/bad) can happen.  Good luck all. 
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