Medical Facilities (OTCPK:MFCSF) is undervalued and is uniquely positioned to benefit from the growing secular demand for healthcare in the U.S. with its high quality specialty facilities in strong niche markets.
MFCSF.PK owns a 51%+ interest in five specialty surgical hospitals (SSH) in South Dakota, Oklahoma, and Arkansas as well as a 51% interest in an ambulatory surgery center (ASC) in California.
In May 2011, MFCSF.PK converted from an Income Participating Securities structure to a traditional common share structure. MFCSF.PK pays a majority of its free cash flow to investors in the form of a monthly dividend.
The Black Hills Surgical Hospital (BHSH) located in Rapid City, South Dakota specializes in orthopaedic and neurosurgical procedures.