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Medical Facilities Corp (DR.TO)

DR.TO on Toronto Stock Exchange

15.12CAD
23 Feb 2018
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$0.28 (+1.89%)
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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

Medical Facilities posts Q1 loss $0.19/shr from continuing operations
Thursday, 12 May 2016 

Medical Facilities Corp : Medical facilities corporation reports first quarter 2016 financial results and appoints new chief executive officer . Q1 loss per share $0.19 from continuing operations .Appointed Britt Reynolds as CEO.  Full Article

Medical Facilities Corp wins approval for normal course issuer bid
Wednesday, 11 May 2016 

Medical Facilities : Toronto stock exchange has approved notice of intention to make ncib for up to 620,919 of its outstanding common shares .Medical facilities corporation announces approval of normal course issuer bid.  Full Article

Medical Facilities Corp announces new CEO
Wednesday, 23 Mar 2016 

Medical Facilities Corp:Says appointed Britt T. Reynolds as Chief Executive Officer of Corporation.Reynolds will commence in his new role on June 1.  Full Article

Medical Facilities Corp announces March dividend
Monday, 21 Mar 2016 

Medical Facilities Corp:Says cash dividend payment of C$0.09375 per common share.Payable on April 15.Record date as on March 31.  Full Article

BRIEF-Medical Facilities Forms Joint Venture With NueHealth, Buys 7 Ambulatory Surgical Centers

* MEDICAL FACILITIES CORPORATION FORMS JOINT VENTURE WITH NUEHEALTH, ACQUIRES SEVEN AMBULATORY SURGICAL CENTERS