Medical Facilities Corp. Operating Profit Soars 16% in 2013

Operating income at Medical Facilities Corp. increased 15.7 percent to $91.1 million in fiscal year 2013.

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The investor-owned MFC is based in Toronto but holds a majority stake in five U.S. surgical hospitals and one U.S. ambulatory surgery center. Physicians at the facilities own the remaining stakes.

Read the full article on Becker’s Hospital Review.

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Operating income at Medical Facilities Corp. increased 15.7 percent to $91.1 million in fiscal year 2013.

The investor-owned MFC is based in Toronto but holds a majority stake in five U.S. surgical hospitals and one U.S. ambulatory surgery center. Physicians at the facilities own the remaining stakes.

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