Mr. David Watson reports

MEDICAL FACILITIES CORPORATION TO ANNOUNCE SECOND QUARTER 2023 FINANCIAL RESULTS ON AUGUST 10, 2023

Medical Facilities Corp. will release its second quarter 2023 financial results prior to market open on Thursday, Aug. 10, 2023. Medical Facilities' financial statements and management discussion and analysis for the three-month period ended June 30, 2023, will be filed on SEDAR following the release and will also be available on the same day on Medical Facilities' website. Management will host an earnings conference call to review the financial results at 8:30 a.m. ET the same morning.

Earnings call dial-in instructions

All interested parties may join the conference call by dialling 416-764-8650 or 1-888-664-6383 approximately 15 minutes prior to the call to secure a line. You will be put on hold until the conference call begins. A question-and-answer session will follow management's prepared remarks, at which time the operator will provide instructions to qualified equity analysts for submitting questions.

To join the conference call without operator assistance, you may register on-line and enter your phone number to receive an instant automated callback.

Webcast registration

A live audio webcast of the call will be available. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived on Medical Facilities' website following the call date.

About Medical Facilities Corp.

Medical Facilities, in partnership with physicians, owns a diverse portfolio of highly rated, high-quality surgical facilities in the United States. Medical Facilities' ownership includes controlling interest in four specialty surgical hospitals located in Arkansas, Oklahoma and South Dakota and an ambulatory surgery centre (ASC) located in California. In addition, through a partnership with NueHealth LLC, Medical Facilities owns a controlling interest in two ASCs located in Michigan and Nebraska. The specialty surgical hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities. The ASCs specialize in outpatient surgical procedures, with patient stays of less than 24 hours.