MEDICAL FACILITIES (DR) Stocks

ABOUT MEDICAL FACILITIES

Medical Facilities Corporation is a Canada-based company which owns interests in over six entities, approximately five of which either own a specialty surgical hospital or an ambulatory surgery centre.

The company has a history dating back to 2004, and today its portfolio includes controlling interest in five specialty surgical hospitals located in Arkansas, Indiana, Oklahoma, and South Dakota, and an ambulatory surgery centre located in California. In addition, through a partnership with NueHealth, LLC, the company owns controlling interest in seven ambulatory surgery centres located in Arkansas, Michigan, Missouri, Nebraska, Ohio, Oregon, and Pennsylvania.

The company’s specialty surgical hospitals offer a range of high volume, non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services such as urgent care and occupational health.

The ambulatory surgery centres perform scheduled outpatient surgical procedures, with patient stays of less than 24 hours.

OVERVIEW OF MEDICAL FACILITIES

• Medical Facilities Corporation’s unique management philosophy focuses on the efficiency and productivity of its facilities. Medical Facilities Corporation generates nearly all its revenue from the facility fee charged to the patient, or their insurer. This facility fee is for the use of the company’s infrastructure, surgical equipment, nursing staff, non-surgical professional services, drugs and supplies, and other support services.
• Medical Facilities Corporation’s specialty surgical hospitals and ambulatory surgery centres provide a competitive alternative to larger, traditionally run hospitals. It is the company’s goal to create a superior environment that focuses on efficiency and productivity so that the use of its facilities remains the first choice of surgeons and their patients. As such, Medical Facilities Corporation’s facilities rank high in surveys and studies of patient satisfaction and have a reputation for superior customer experience.
• In the larger market, changing demographics and reimbursement models are driving consolidation and rationalization trends. With Medical Facilities Corporation’s reputation as an effective partner of physician teams, along with its strong cash position and access to the public markets, it is well-positioned to take advantage of acquisition opportunities.
• By combining both organic and acquisition growth opportunities, the company works to deliver value from a strong foundation of high-quality facilities providing exceptional patient care while maintaining a conservative approach to financial management that has resulted in a long track record of solid returns.

VISION AND VALUES OF MEDICAL FACILITIES

• Medical Facilities Corporation upholds values of ethical governance and transparent communications with all its stakeholders.
• The company ensures that all its investments are conducted in accordance with strict regulatory requirements and provides all necessary reports and documentation in a prompt manner for full disclosure in line with the requirements of its stakeholders.

MARKET PERFORMANCE OF MEDICAL FACILITIES

• Medical Facilities Corporation trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol -DR.

• Data from the company’s 2019 financial analysis shows that revenue was US Dollar 302.2 million, a decrease of 2.0% from US Dollar 308.3 million for the same period in 2018, with the decline primarily due to lower average revenue per case due to case mix and payor mix, partially offset by higher case volumes.

• EBITDA was US Dollar 8.4 million or 2.8% of revenue compared to US Dollar 66.6 million or 21.6% for the same period last year due to operating expenses. Excluding the impact of the impairment charges, Adjusted EBITDA was US Dollar 59.9 million or 19.8% of revenue.

• Net loss and comprehensive loss for the period was US Dollar 2.6 million compared to income of US Dollar 31.6 million for the same period in 2018, with the decrease mainly attributable to lower income from operations inclusive of the impairment charges, and higher interest expense, partly offset by lower income tax expenses and a decrease in the value of exchangeable interest liability.

• While Medical Facilities Corporation has recorded a slight dip in earnings, largely attributable to losses incurred by ongoing investments in its high-grade facilities, the company is well positioned to meet the expected increase in market demand. This position will secure a rising share price for investors with strong long-term growth in dividends, providing a solid buy-in for those who choose to purchase shares today.

Buy MEDICAL FACILITIES stocks / shares – A Step by Step Guide how to Buy / Purchase MEDICAL FACILITIES Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy MEDICAL FACILITIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN MEDICAL FACILITIES STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE MEDICAL FACILITIES STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of MEDICAL FACILITIES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy MEDICAL FACILITIES stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?