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.

TSX:DR - Post by User

Medical Facilities Corp > Ross Healy's top pick today, reason for pop in price?

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Aug 25, 2021 3:34pm

382 Views

Post# 33762271

RE:Ross Healy's top pick today, reason for pop in price?

From the interview...

"Because of covid the availabilty of elective surgical services has collapsed. Now as we get over this pandemic, they will be coming back. My reading on the demand for elective surgical services is right out of sight because there has been almost a year and a half now where people haven't been able to get them and the pickup in demand is just astonishing. So I think as things open up, as people are able to get them they are going to flood back into Medical Facilities, into their hospitals and the company could enjoy 2-3 booming years."