MEDNAX, Inc. (NYSE:MD) acquired Tri-Valley Neonatal Medical Group, Inc.
January 09, 2018
Share
MEDNAX, Inc. (NYSE:MD) acquired Tri-Valley Neonatal Medical Group, Inc. on January 10, 2018. Consideration is paid in cash. Sukshma Sreepathi will serve as medical director of Tri-Valley Neonatal Medical Group, Inc. The acquisition is expected to be immediately accretive to earnings.
MEDNAX, Inc. (NYSE:MD) completed the acquisition of Tri-Valley Neonatal Medical Group, Inc. on January 10, 2018.
Pediatrix Medical Group, Inc. is a provider of physician services, including newborn, maternal-fetal, pediatric cardiology and other pediatric subspecialty care. The Companyâs affiliated clinicians provide services to women, babies and children across the continuum of care, both in hospital settings and office-based practices. Its specialties include obstetrics, maternal-fetal medicine and neonatology, complemented by more than 20 pediatric subspecialties, as well as pediatric primary and urgent care clinics. Its national network comprises over 2,620 affiliated physicians, including 1,330 physicians who provide neonatal clinical care, primarily within hospital-based neonatal intensive care units (NICUs), to babies born prematurely or with medical complications. It has over 580 affiliated physicians who provide maternal-fetal and obstetrical medical care to expectant mothers experiencing complicated pregnancies primarily in areas where its affiliated neonatal physicians practice.