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Notice of Medical Facilities Corporation's 2020 Third Quarter Financial Results Conference Call and Webcast

October 29, 2020

TORONTO, Oct. 29, 2020 /CNW/ - Medical Facilities Corporation (TSX: DR) ("Medical Facilities" or "MFC") will release its 2020 third quarter financial results prior to market open on Thursday, November 12, 2020. Management will host a conference call to review the financial results at 8:30 a.m. ET the same morning.

All interested parties may join the conference call by dialing 647-427-7450 or 1-888-231-8191 approximately 15 minutes prior to the call to secure a line. You will be put on hold until the conference call begins.

A question-and-answer session will follow the conference call, at which time the operator will provide instructions for submitting questions.

A live audio webcast of the call will be available at http://bit.ly/MFC2020Q3. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived on MFC's website following the call date.

MFC's financial statements and management's discussion and analysis, for the three-month and nine-month periods ended September 30, 2020, will be filed on SEDAR at www.sedar.com following the release, and will also be available on the same day on MFC's website at www.medicalfacilitiescorp.ca.

About Medical Facilities Corporation

Medical Facilities Corporation ("MFC"), in partnership with physicians, owns a diverse portfolio of highly rated, high-quality surgical facilities in the United States. MFC's ownership includes controlling interest in four specialty surgical hospitals located in Arkansas, Oklahoma, and South Dakota, and an ambulatory surgery center ("ASC") located in California. In addition, through a partnership with NueHealth LLC, Medical Facilities owns controlling interest in five ambulatory surgery centers located in Michigan, Missouri, Nebraska, Ohio, and Pennsylvania. MFC also owns non-controlling interests in a specialty surgical hospital in Indiana and an ASC in Missouri. The specialty surgical hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities. The ASCs specialize in outpatient surgical procedures, with patient stays of less than 24 hours. For more information, please visit www.medicalfacilitiescorp.ca

SOURCE Medical Facilities Corporation

David Watson, Chief Financial Officer, Medical Facilities Corporation, (416) 848-7380 or 1-877-402-7162, investors@medicalfc.com; Trevor Heisler, Investor Relations, NATIONAL Capital Markets, (416) 848-1434, theisler@national.ca