Here are five things to know about the company:
1. Its network includes 67 operating rooms, 155 overnight beds, 15 procedure rooms and five urgent care clinics.
2. The company shares some of its ownership with its top surgeons.
3. Medicare and Medicaid comprise 31 percent of the company’s payer mix, compared to 37 percent on average in the U.S. healthcare system overall.
4. Medical Facilities Corp.’s revenue grew from $151.37 million (C$199.4 million) in 2008 to $292.50 million (C$385.3 million) in 2017.
5. Its operating margin decreased from 30.8 percent in 2008 to 17.4 percent in 2017.
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7 things for ASC leaders to know for Thursday — July 5, 2018
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.