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Medical Facilities Corporation Announces Strategic Board Changes

Story Highlights
  • Medical Facilities Corporation appointed Peter Brimm and Jeremy Klaperman to its Board.
  • The Board changes aim to enhance financial expertise and leadership for strategic execution.
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Medical Facilities Corporation Announces Strategic Board Changes

Medical Facilities ( (TSE:DR) ) has provided an announcement.

Medical Facilities Corporation announced changes to its Board of Directors, appointing Peter Brimm and Jeremy Klaperman while Yanick Blanchard resigned. The Board will consist of five directors after the next AGM, with Brimm and Klaperman joining the Audit Committee, and Klaperman replacing Blanchard as Chair. These changes are part of a strategic refresh to enhance financial expertise and leadership as the company continues to execute its strategy.

More about Medical Facilities

Medical Facilities Corporation, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in the United States. The company holds controlling interests in three specialty surgical hospitals located in Arkansas, Oklahoma, and South Dakota, as well as an ambulatory surgery center in California. These facilities perform scheduled surgical, imaging, diagnostic, and other procedures, generating revenue from facility usage fees.

YTD Price Performance: 14.80%

Average Trading Volume: 4,840

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $285.5M

For a thorough assessment of DR stock, go to TipRanks’ Stock Analysis page.

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