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Medical Facilities Corp (DR.TO)

DR.TO on Toronto Stock Exchange

14.42CAD
23 May 2018
Change (% chg)

$0.34 (+2.41%)
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$14.08
Open
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$14.05
Volume
167,290
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174,043
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$16.88
52-wk Low
$11.14

Latest Key Developments (Source: Significant Developments)

Medical Facilities Forms Joint Venture With NueHealth, Buys 7 Ambulatory Surgical Centers
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Medical Facilities Corp ::MEDICAL FACILITIES CORPORATION FORMS JOINT VENTURE WITH NUEHEALTH, ACQUIRES SEVEN AMBULATORY SURGICAL CENTERS.MEDICAL FACILITIES CORP - JOINT VENTURE, CALLED MFC NUETERRA HOLDING COMPANY, LLC, WILL BE MAJORITY-OWNED BY MEDICAL FACILITIES.MEDICAL FACILITIES CORP - CO'S PORTION OF $46.5 MILLION TOTAL PURCHASE PRICE WILL BE FUNDED BY CASH​, DRAW ON CREDIT FACILITIES.MEDICAL FACILITIES CORP SAYS ACQUIRES SEVEN AMBULATORY SURGICAL CENTERS FROM MERIDIAN SURGICAL PARTNERS OF BRENTWOOD, TENN.MEDICAL FACILITIES CORP - ‍IN AGGREGATE, JV WILL OWN ABOUT 53% EQUITY INTEREST IN CENTERS​.MEDICAL FACILITIES - ACQUISITION OF THE 7 CENTERS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CO'S CURRENT OPERATIONS.  Full Article

Medical Facilities Corp reports Q3 diluted loss per share $0.11
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Medical Facilities Corp :Medical Facilities Corporation reports third quarter 2017 financial results.Medical Facilities - qtrly ‍revenue increased by 2.2% on a same-facility basis to $79.6 million from $77.9 million​.Medical Facilities - qtrly ‍ revenue increased by 12.9% on consolidated basis to $89.0 million.Medical Facilities Corp - qtrly diluted loss per share $0.11‍​.Q3 earnings per share view $0.04, revenue view $93.6 million -- Thomson Reuters I/B/E/S.  Full Article

Medical Facilities Corp appoints Robert Horrar as CEO
Wednesday, 25 Oct 2017 

Oct 24 (Reuters) - Medical Facilities Corp :‍Medical Facilities Corporation appoints new president and chief executive officer​.Medical Facilities Corp says ‍horrar previously served as chief operating officer of medical facilities​.Medical facilities corp says ‍announced today appointment of Robert O. Horrar as president and chief executive officer effective october 25, 2017.​.  Full Article

Medical Facilities qtrly loss per share $0.18
Thursday, 11 Aug 2016 

Medical Facilities Corp : Medical facilities corporation reports 2016 second quarter financial results . Qtrly loss per share $0.18 .Qtrly revenue from continuing operations of $76.7 million, up 4.2% as compared with $73.6 million in q2 2015.  Full Article

Medical Facilities Corp signs to buy Indiana physician-owned hospital
Friday, 15 Jul 2016 

Medical Facilities Corp : Medical Facilities Corporation signs letter of intent to acquire physician-owned hospital in indiana and acquires underlying real estate . Medical Facilities Corp says deal valued at $26.63 million . Also announced that it has purchased an 84 percent indirect interest in unity's real estate for US$27 million . Acquisition is expected funded by available cash and a draw on company's credit facility. . Medical Facilities Corp says deal would be funded by available cash and a draw on company's credit facility . Remaining ownership will be held by practicing physicians at unity .Unity's real estate acquisition was funded from available cash and a $20 million draw on company's credit facility..  Full Article

BRIEF-Medical Facilities Qtrly Earnings Per Share $0.12

* QTRLY REVENUE INCREASED BY 9.7% TO $97.6 MILLION FROM $89.0 MILLION