Business
Medical Facilities Corporation Announces Closing of Sale of Black Hills Surgical Hospital, LLP
Medical Facilities Corporation Announces Closing of Sale of Black Hills Surgical Hospital, LLP ...
About this update from Medical Facilities Corporation
[{"type":"text","content":"\n\n\n\n\n Medical Facilities Corporation Announces Closing of Sale of Black Hills Surgical Hospital, LLP\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Nov. 18, 2024\n \n\n /CNW/ - Medical Facilities Corporation (\"MFC\" or the \"Corporation\") (TSX: DR), announced that one of MFC's specialty surgical hospitals, Black Hills Surgical Hospital, LLP, located in\n \n Rapid City, SD\n \n , closed its previously announced sale to Sanford Health on\n \n November 15, 2024\n \n .\n \n\n\n About Medical Facilities\n \n\n\n Medical Facilities, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in\n \n the United States\n \n . MFC's ownership includes controlling interests in three specialty surgical hospitals located in\n \n Arkansas\n \n ,\n \n Oklahoma\n \n , and\n \n South Dakota\n \n , and an ambulatory surgery center (\"ASC\") located in\n \n California\n \n . 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 ASC specializes in outpatient surgical procedures, with patient stays of less than 24 hours. For more information, please visit\n \n www.medicalfacilitiescorp.ca\n \n .\n \n\n\n\n\n Caution concerning forward-looking statements\n \n\n\n\n Statements made in this news release, other than those concerning historical financial information, may be forward-looking and therefore subject to various risks and uncertainties. Some forward-looking statements may be identified by words like \"may\", \"will\", \"anticipate\", \"estimate\", \"expect\", \"intend\", or \"continue\" or the negative thereof or similar variations and include statements about the Company's normal course issuer bid and any future transactions. Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Fact...