Medical Facilities, in partnership with physicians, owns surgical facilities in the United States. Medical Facilities’ portfolio includes controlling interest in five specialty surgical hospitals located in Arkansas, Indiana, Oklahoma, and South Dakota, and an ambulatory surgery center located in California. In addition, through a partnership with NueHealth, LLC, Medical Facilities owns controlling interest in six ambulatory surgery centers located in Michigan, Missouri, Nebraska, Ohio, Oregon, and Pennsylvania. Medical Facilities’ specialty surgical hospitals focus on a limited number of high-volume, non-emergency surgical, imaging, diagnostic and pain management procedures, which are delivered on both inpatient and outpatient bases. The ambulatory surgery centers are specialized surgical centers that perform planned, non-emergency procedures on an outpatient basis.
Medical Facilities is a British Columbia corporation and is considered Canadian property. Its securities trade on the Toronto Stock Exchange under the symbols DR (common shares) and DR.DB.A (convertible debentures). Medical Facilities strives to pay a competitive dividend with a yield that is in line with the average yield on the TSX Composite Index.
Medical Facilities has a Dividend Reinvestment and Share Purchase Plan, which allows shareholders resident in Canada to automatically reinvest in a cost-effective manner the monthly cash dividend into additional common shares. The Plan is administered by Computershare Trust Company of Canada.
Why Invest in Medical Facilities?
Large, growing and fragmented market for outpatient services
Diverse portfolio of highly-rated, high-quality facilities
Scalable platform for growth - organically and via acquisitions
Experienced management team and board