TORONTO, April 29 /CNW/ - Medical Facilities Corporation (TSX: DR.UN) ("Medical Facilities" or "the "Corporation") will release its 2011 first quarter financial results prior to markets opening on Friday, May 13, 2011. Following the release, management of Medical Facilities will host a conference call at 9:00 a.m. (ET) to review the financial results. All interested parties are invited to participate. Please dial 647-427-7450 or 1-888-231-8191 15 minutes prior to the call to secure a line. You will be put on hold until the conference call begins.
Dr. Donald Schellpfeffer, Chief Executive Officer, and Michael Salter, Chief Financial Officer, will chair the call. A question and answer session will follow, at which time the operator will direct participants as to the correct procedure for submitting questions. A taped replay of the conference call will also be available until Friday, May 20, 2011 by calling 416-849-0833 or 1-800-642-1687, reference number 62967639.
Medical Facilities' financial statements and Management's Discussion & Analysis for the three-month period ended March 31, 2011 will be filed with SEDAR following the release and will be available via Medical Facilities' website at www.medicalfacilitiescorp.ca.
About Medical Facilities
Medical Facilities owns controlling interests in four specialty surgical hospitals, located in South Dakota and Oklahoma, as well as an ambulatory surgery center in California. The specialty hospitals perform scheduled surgical, imaging and diagnostic procedures, and derive their revenue from the fees charged for the use of their facilities. The ambulatory surgery center specializes in outpatient surgical procedures, with patient stays of less than 24 hours. Medical Facilities is currently structured so that a majority of its free cash flow from operations is distributed to holders of its IPS units, of which a portion is interest on subordinated debt and a portion is dividend. For more information, please visit www.medicalfacilitiescorp.ca.
SOURCE Medical Facilities Corporation
For further information: Michael Salter, Chief Financial Officer, Medical Facilities Corp., (416) 848-7380 or 1-877-402-7162; Salvador Diaz, Investor Relations, TMX Equicom, (416) 815-0700 or 1-800-385-5451 ext. 242, email@example.com