MEDNAX, Inc., (NYSE: MD) today announced the acquisition of Maryland
Perinatal Associates, PC, a group of four maternal-fetal medicine
physicians based in Rockville, Maryland.
“As part of Pediatrix, we anticipate that our practice will benefit
greatly from the administrative resources and clinical support of a
national group network, both of which are very important factors in our
growth given the consistently increasing demand for maternal-fetal
services in our community”
Maryland Perinatal Associates also includes more than 45 clinical and
administrative support staff who work with the physicians providing care
to expectant mothers, including the management of high-risk and
complicated pregnancies, in communities throughout Maryland. Maryland
Perinatal Associates has four offices, and relationships with four area
hospitals in Rockville, Frederick, Silver Springs and Takoma Park,
Maryland.
The group will practice as part of MEDNAX’s Pediatrix Medical Group, a
national group practice that consists of the nation’s leading neonatal,
maternal-fetal medicine and pediatric cardiology physicians, as well as
other pediatric subspecialists. Pediatrix’s national group practice
already includes neonatal and pediatric cardiology physician
subspecialists practicing in Maryland and the northern Virginia area.
“As part of Pediatrix, we anticipate that our practice will benefit
greatly from the administrative resources and clinical support of a
national group network, both of which are very important factors in our
growth given the consistently increasing demand for maternal-fetal
services in our community,” said Wayne Kramer, M.D., who will serve as
Pediatrix’s medical director for the practice. “From a patient care
perspective, we will have the opportunity to collaborate directly with
Pediatrix’s pediatric cardiology and neonatal subspecialists to provide
a continuum of care model that we believe will help us further improve
outcomes for our patients and their families.”
MEDNAX paid cash for the practice, and the transaction is expected to be
immediately accretive to its earnings. No additional terms of the
transactions were disclosed.
With this acquisition, MEDNAX has announced four physician group
practice acquisitions in 2010.
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