Founded in 2004, Medical Facilities, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in the United States. Medical Facilities' ownership includes controlling interest in three specialty surgical hospitals located in Arkansas, Oklahoma, and South Dakota, and an ambulatory surgery center located in California. The specialty surgical hospitals offer a range of high volume, non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services such as primary and urgent care. The ambulatory surgery center performs scheduled outpatient surgical procedures, with patient stays of less than 24 hours.
Medical Facilities' unique management philosophy focuses on efficiency and productivity of our facilities. Our physician partners have a personal interest and play an active role in daily management and strategic direction of our facilities. They are an integral part of Medical Facilities' mission to provide highest quality of care in an environment that is safe, convenient and comfortable to our patients, their families, our employees and healthcare practitioners who use our facilities.
Medical Facilities generates nearly all of its revenue from the facility fee charged to the patient, or their
insurer. This facility fee is for the use of our infrastructure, surgical equipment, nursing staff, non-surgical
professional services, drugs and supplies, and other support services.
Medical Facilities' specialty surgical hospitals and ambulatory surgery center provide a competitive
alternative to larger, traditionally-run hospitals. It is our goal to create a superior environment that focuses
on efficiency and productivity so that the use of our facilities is the first choice of surgeons and their
patients. Our facilities rank high in surveys and studies of patient satisfaction and have a reputation for
superior customer experience.
Medical Facilities is a British Columbia corporation and is considered Canadian property. Its common shares
trade on the Toronto Stock Exchange under the symbol DR.