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 > The market seems NOT to like it!

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Comment by sandinoon Mar 11, 2021 10:46am

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RE:The market seems NOT to like it!

No they don't.

Their Q4 #'s were a bit better than their Q3 which is all I wanted to see but the news releases are mostly highlighting year end 2019 versus 2020 which don't look so good. We knew that already, they should stress the present and future not the past i.e. Q3 2020 versus Q4 2020.

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