Pediatrix Medical Group

Pediatrix Medical Group, Inc., formerly MEDNAX, is an American physician-led health solutions partner founded in 1979 and headquartered in Sunrise, Florida. Pediatrix partners with hospitals, health systems and health care facilities to offer clinical services spanning the women’s and children’s continuum of care.

Pediatrix Medical Group, Inc.
TypePublic
NYSE: MD
S&P 600 Component
IndustrySpecialized health services
Founded1979 (1979)
HeadquartersSunrise, Florida, U.S.
Key people
Cesar L. Alvarez
(Chairman of the Board)
Mark S. Ordan
(CEO)
C. Marc Richards
(CFO)
ServicesNeonatal, maternal-fetal and other pediatric physician subspecialty services
RevenueIncrease US$ 3.46 billion (2017)
Decrease US$ 480.08 million (2017)
Decrease US$ 320.37 million (2017)
Total assetsIncrease US$ 5.87 billion (2017)
Total equityIncrease US$ 3.07 billion (2017)
Number of employees
8,000 (includes: full and part-time employees & contracted professionals) (2022)
SubsidiariesPediatrix Medical Group
Websitepediatrix.com
Footnotes / references
[1]

Through its affiliated professional corporations, Pediatrix provides services through a network of more than 3,000 physicians in all 50 states and Puerto Rico.

Operations

Pediatrix is a national medical group comprising providers of neonatal, maternal-fetal and pediatric physician subspecialty services. Including neonatal physicians who provide services in neonatal intensive care units, and collaborate with affiliated maternal-fetal medicine, pediatric cardiology, pediatric critical care and other physician subspecialists. The Pediatrix network includes partnerships with more than 2,780+ physicians practicing in 20+ specialties in 1,190+ locations in 43 states and territories.

Pediatrix areas of specialty include:

  • Maternal-fetal medicine
  • Neonatology
  • Newborn hearing screen services
  • Newborn hospitalist services
  • Pediatric cardiology
  • Pediatric developmental medicine
  • Pediatric emergency medicine
  • Pediatric gastroenterology
  • Pediatric hospitalist services
  • Pediatric intensive care
  • Pediatric neurology
  • Pediatric ophthalmology
  • Pediatric orthopedics
  • Pediatric otolaryngology
  • Pediatric surgery
  • Pediatric urology
  • Telemedicine
  • Urgent care

The company operates under the mission statement take great care of the patient, every day and in every way.™

The Pediatrix Center for Research, Education, Quality and Safety (CREQS) engages in clinical research, education, continuous quality improvement and safety initiatives. Pediatrix also maintains a clinical database of research and peer-reviewed articles published by Pediatrix physicians.

History
  • 1979 – Pediatrix Medical Group was founded as a single neonatology group.[2]
  • 1991 – Pediatrix began providing pediatric cardiology and pediatric intensive care physician services.[3]
  • 1994 – Pediatrix launched its newborn hearing screen program.
  • 1995 – Pediatrix Medical Group is born after the company completed its initial public offering.
  • 1996 – Electronic medical record system and Clinical Data Warehouse was introduced to bolster research, education and quality improvement initiatives.
  • 1998 – Pediatrix began providing maternal-fetal medicine physician services. Formalized Center for Research and Education was launched.
  • 2000 – Pediatrix University, a free online CME/CNE resource for the maternal-fetal-newborn community, was launched.
  • 2001 – Continuous quality improvement program was introduced.
  • 2009 – 100,000 Babies Campaign launched to improve the delivery of neonatal care to 100,000 babies over a three-year period. Mednax was established in 2009 as the parent company of Pediatrix Medical Group, Inc.
  • 2014 – Mednax signs definitive agreement to acquire leading revenue cycle management company, MedData Inc.
  • 2019 – MEDNAX celebrates 40 years of patient care.
  • 2020 – New destinations for anesthesia and radiology solutions – North American Partners in Anesthesia (NAPA) acquires American Anesthesiology, MEDNAX completes sale of MEDNAX Radiology Services to Radiology Partners.
  • 2021 – Mednax and Brave Care announce an agreement through which the two companies will develop new, innovative pediatric primary and urgent care clinics[4]
  • 2022 – MEDNAX changes its name to Pediatrix Medical Group, Inc.[5] ----

References
  1. "US SEC: Form 10-K MEDNAX, Inc". U.S. Securities and Exchange Commission. Retrieved March 2, 2018.
  2. "History of MEDNAX". Pediatrix. Retrieved 2022-01-28.
  3. "History of MEDNAX". Pediatrix. Retrieved 2022-01-28.
  4. "Mednax and Brave Care to Accelerate Transformation of Pediatric Primary and Urgent Care". www.businesswire.com. 2021-10-07. Retrieved 2022-01-28.
  5. "Mednax To Change Name to Pediatrix Medical Group, Inc. Effective July 1, 2022".
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