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MEDNAX acquires 10th physician practice of 2016

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National medical group MEDNAX has acquired Maternal Fetal Medicine of Southwest Florida, a private physician group practice based in Fort Myers.

Established in 2000, Maternal Fetal Medicine of Southwest Florida has four physicians, 11 sonographers and 26 other clinical and administrative staff, according to MEDNAX. These workers provide perinatology and sonographic services including comprehensive high-risk maternal-fetal medicine, ultrasounds, amniocentesis, diagnostic testing and genetic counseling.

The practice has four patient offices in Florida and serves six hospitals, including the four acute care hospitals of Fort Myers-based Lee Memorial Health System, as well as NCH North Naples (Fla.) Hospital and Bayfront Health Port Charlotte (Fla.).

This acquisition expands MEDNAX's footprint in Southwest Florida, which currently includes maternal-fetal medicine (perinatology), neonatology, pediatric cardiology and newborn hearing screening.

Financial terms of the cash transaction were not disclosed. With this acquisition, 10 physician group practices have become part of MEDNAX in 2016, the company said.


More articles about transactions and valuations:

AltaPointe merges with Cheaha Regional Mental Health
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