Pediatrix Acquires Tampa Bay Maternal Fetal Group Practice
15 Dezember 2008 - 1:00PM
Business Wire
Pediatrix Medical Group, Inc. (NYSE: PDX) has introduced additional
physician subspecialty services in the Tampa Bay area with the
acquisition of Florida Perinatal Associates, a maternal-fetal
medicine group practice. The seven physicians, who practice along
with more than 27 clinical and administrative staff members,
provide patient care at offices in Tampa, Clearwater and Sarasota,
on Florida�s West Coast, and in Brevard County on Florida�s East
Coast. �We�re excited about moving forward as part of Pediatrix to
respond to increasing demand for maternal-fetal services throughout
Tampa Bay, as well as to surrounding areas throughout west and
central Florida,� said Jeffrey Angel, M.D., who founded Florida
Perinatal Associates in 1992 and will serve as the practice medical
director. �We�ll be able to work with Pediatrix�s pediatric
cardiology and neonatal subspecialists to provide a continuum of
care model that should improve fetal and newborn health for
patients in the communities we serve.� Pediatrix�s national group
practice already includes neonatal and pediatric cardiology
physician subspecialists practicing in the Tampa Bay area.
Pediatrix paid cash for the practice, which is expected to
contribute to the Company�s results immediately. During 2008,
Pediatrix has completed 13 physician group practice acquisitions
including four neonatal, four maternal-fetal, three pediatric
cardiology and two anesthesia group practices. About Pediatrix
Pediatrix Medical Group, Inc. is the nation�s leading provider of
neonatal, maternal-fetal and pediatric physician subspecialty
services and recently expanded to include anesthesiology services.
Pediatrix physicians and advanced practitioners are reshaping the
delivery of care within the maternal-fetal, neonatal intensive care
and pediatric cardiology subspecialties, using evidence-based
tools, continuous quality initiatives and clinical research to
enhance patient outcomes and provide high-quality, cost-effective
care. Founded in 1979, its neonatal physicians provide services at
more than 250 neonatal intensive care units, and in many markets
they collaborate with affiliated maternal-fetal medicine, pediatric
cardiology physician subspecialists and pediatric intensivists to
provide a clinical care continuum. Combined, Pediatrix and its
affiliated professional corporations employ more than 1,200
physicians in 32 states and Puerto Rico. Pediatrix is also the
nation�s largest provider of newborn hearing screens. Additional
information is available at www.pediatrix.com. Certain statements
and information in this press release may be deemed to be
�forward-looking statements� within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may include, but are not limited to, statements relating
to our objectives, plans and strategies, and all statements (other
than statements of historical facts) that address activities,
events or developments that we intend, expect, project, believe or
anticipate will or may occur in the future are forward-looking
statements. These statements are often characterized by terminology
such as �believe�, �hope�, �may�, �anticipate�, �should�, �intend�,
�plan�, �will�, �expect�, �estimate�, �project�, �positioned�,
�strategy� and similar expressions, and are based on assumptions
and assessments made by Pediatrix�s management in light of their
experience and their perception of historical trends, current
conditions, expected future developments and other factors they
believe to be appropriate. Any forward-looking statements in this
press release are made as of the date hereof, and Pediatrix
undertakes no duty to update or revise any such statements, whether
as a result of new information, future events or otherwise.
Forward-looking statements are not guarantees of future performance
and are subject to risks and uncertainties. Important factors that
could cause actual results, developments, and business decisions to
differ materially from forward-looking statements are described in
Pediatrix�s most recent Annual Report on Form 10-K, including the
section entitled �Risk Factors�.
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