MEDNAX, a health solutions company that provides physician services, has acquired private physician group Maternal Fetal Medicine of Southwest Florida expanding its health services.
The practice has four patient offices in Fort Myers, Cape Coral, Port Charlotte, and Naples and serves six hospitals, including the four acute care hospitals of Lee Memorial Health System, as well as NCH North Naples Hospital, part of NCH Healthcare System and Bayfront Health Port Charlotte, part of Bayfront Health.
“MEDNAX’s extensive research, education and quality programs were definitely a differentiator for us,” said Judith Krammer, MD, who will serve as medical director for the practice.
“Joining MEDNAX also gives us the infrastructure we need to excel in today’s healthcare environment as well as the ability to be part of the continuum of care the company currently provides in Southwest Florida with industry-leading neonatal and pediatric services.”
This acquisition adds to the services MEDNAX provides in Southwest Florida, such as: maternal-fetal medicine (perinatology), neonatology, pediatric cardiology and newborn hearing screen.
This was a cash transaction, and it is expected to be immediately accretive to earnings and with this acquisition, ten physician group practices have become part of MEDNAX in 2016.
MEDNAX, US, Insurance, Healthcare, Risk management, Maternal Fetal Medicine, M&A