Pediatrix Medical (PDX) Acquires Tampa Bay Maternal Fetal Group Practice

December 15, 2008 8:17 AM EST

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.

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.

Pediatrix Medical Group, Inc. provides neonatal, maternal-fetal, other pediatric subspecialty, and anesthesia physician services in the United States and Puerto Rico.


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