MEDNAX announces acquisition of Pediatric Ear, Nose and Throat Institute of South Texas

MEDNAX, Inc., announced the acquisition of Pediatric Ear, Nose and Throat Institute of South Texas, P.A. (PENT), located in San Antonio, Texas.

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PENT is a private physician group practice that provides all aspects of 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 (ASC), The Children’s Hospital of San Antonio, North Central Baptist Hospital and University Hospital.

“Being part of MEDNAX will help grow our practice and support the patient care continuum,” said Donald Moe, M.D., who will serve as medical director for the practice. “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 acquisition of PENT expands the continuum of care MEDNAX 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.

This was a cash transaction, and it is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed.

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