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Medical Facilities Corp
4576 Yonge Street, Suite 701
Phone: (416) 848-7380p:416 848-7380 TORONTO, ON  M2N 6N4  Canada Ticker: DRDR
Business Summary
Medical Facilities Corporation is a Canada-based company, which owns a portfolio of surgical facilities in the United States. The Company owns interest in four specialty surgical hospitals (SSHs) located in Arkansas, Oklahoma, and South Dakota, and one ambulatory surgery centers (ASC) located in California. ASCs are specialized surgical centers that only provide outpatient procedures, whereas SSHs are licensed for both inpatient and outpatient surgeries. The SSHs and ASC provide facilities, including staffing, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging, and diagnostic procedures and derive their revenue primarily from the fees charged for the use of these facilities. In addition, two of the SSHs provide urgent care services. The facilities focus on a limited number of clinical specialties such as orthopedics, neurosurgery, pain management and other non-emergency elective procedures.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
8062 General medical and surgical hospitals
8011 Offices and clinics of doctors of medicine

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Adina G.Storch 52 11/28/2024 9/12/2022
President, Chief Executive Officer, Director Jason P.Redman 49 10/21/2023 5/7/2022
Chief Financial Officer David N.Watson 6/24/2019 6/24/2019
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Arkansas Surgical Hospital, LLC 5201 Northshore Drive North Little Rock AR United States
Central Arkansas Surgical Center 151 East Aspen Lane, SH No 830 Russellville AR United States
NueHealth LLC 11221 Roe Ave. Leawood KS United States
5 additional Subsidiary records available in full report.

Business Names
Business Name
Arkansas Surgical Hospital, LLC
Brookside Surgery Center
Central Arkansas Surgical Center
9 additional Business Names available in full report.

General Information
Number of Employees: 1,529 (As of 12/31/2023)
Outstanding Shares: 23,023,762 (As of 1/7/2025)
Stock Exchange: TSE
Fax Number: (416) 848-7380


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Monday, January 27, 2025