PENT provides ear, nose and throat medical, audiology and surgical services, including ear tubes, tonsillectomies and sinus surgery, to patients at Methodist Children’s Hospital of South Texas and its ambulatory surgery center, The Children’s Hospital of San Antonio, North Central Baptist Hospital and University Hospital, all in San Antonio.
Through the acquisition, MEDNAX expands the continuum of care it currently provides in the greater San Antonio market with maternal-fetal, pediatric, pediatric hospitalist, newborn nursery and pediatric subspecialty services, including neonatal, developmental, cardiac, urological, surgical and plastic surgical care, according to a news release.
“Being part of MEDNAX will help grow our practice and support the patient care continuum,” Donald Moe, MD, who will serve as medical director for the practice, said in a prepared statement. “With the organization’s proven success in providing infrastructure and practice integration, our practice can focus even more on patient care, as well as the research, education and quality initiatives that are integral to the MEDNAX culture.”
The deal between MEDNAX and PENT was a cash transaction, and it is expected to be immediately accretive to earnings, both parties said. Additional terms of the transaction were not disclosed.
More articles on integration and physician issues:
Primary care physicians significantly overestimate rate of medication adherence among Medicare beneficiaries
Yale union members petition for job security
Mount Sinai, GLG partner to teach medical students
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.