Medical Facilities Corporation Announces Results of Annual General Meeting of Shareholders

TORONTO, May 11, 2018 /CNW/ - Medical Facilities Corporation (TSX: DR) ("Medical Facilities" or the "Corporation") announced that the nominees listed in the management information circular for the 2018 Annual General Meeting of Shareholders (the "Meeting") held on May 10, 2018 in Toronto were elected as directors of the Corporation.

Detailed results of the votes by proxy for the election of directors held at the Meeting are set out below.

Nominee	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
David R. Bellaire	6,096,850	98.48%	94,407	1.52%
Marilynne Day-Linton	6,108,708	98.67%	82,549	1.33%
Stephen Dineley	6,094,700	98.44%	96,557	1.56%
Irving R. Gerstein	6,027,010	97.35%	164,247	2.65%
Robert O. Horrar	6,115,400	98.77%	75,857	1.23%
Dale Lawr	6,105,907	98.62%	85,350	1.38%
Jeffrey C. Lozon	6,056,878	97.83%	134,379	2.17%
Reza Shahim	6,087,146	98.32%	104,111	1.68%

At the Meeting, the shareholders of the Corporation also approved the re-appointment of KPMG LLP as auditors of the Corporation and authorized the board of directors of the Corporation to fix their remuneration, with 98.62% of the votes in favour.

About Medical Facilities
Medical Facilities, in partnership with physicians, owns surgical facilities in the United States. Medical Facilities' portfolio includes controlling interest in five specialty surgical hospitals located in Arkansas, Indiana, Oklahoma, and South Dakota, and an ambulatory surgery center located in California. In addition, through a partnership with NueHealth LLC, Medical Facilities owns majority interest in seven ambulatory surgery centers located in Arkansas, Michigan, Missouri, Nebraska, Ohio, Oregon, and Pennsylvania. 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 ambulatory surgery centers specialize in outpatient surgical procedures, with patient stays of less than 24 hours. In addition, Medical Facilities owns a controlling interest in a diversified healthcare service company located in Oklahoma City that provides third-party business solutions to healthcare entities such as physician practices, facilities, and insurance companies. Medical Facilities is structured so that a majority of its free cash flow from operations is distributed to the holders of its common shares in the form of dividends. For more information, please visit www.medicalfacilitiescorp.ca.

SOURCE Medical Facilities Corporation

Tyler Murphy, Chief Financial Officer, Medical Facilities Corporation, 416.848.7380 or 1.877.402.7162, [email protected]; Craig MacPhail, Investor Relations, NATIONAL Equicom, 416.586.1938, [email protected]