MEDNAX (MD) Misses Q1 EPS by 24c, Revenues Miss

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MEDNAX Reports First Quarter Results

May 7, 2020 6:00 AM EDT

Completes Sale of American Anesthesiology to North American Partners in Anesthesia

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- MEDNAX, Inc. (NYSE: MD), the national health solutions partner specializing in prenatal, neonatal, pediatric, and radiology services, today reported a loss from continuing operations of $0.20 per share for the three months ended March 31, 2020. On a non-GAAP basis, MEDNAX reported Adjusted EPS from continuing operations of $0.32.

For the 2020 first quarter, MEDNAX reported the following results from continuing operations:

Net revenue of $846 million; Loss of $16 million;... More

North American Partners in Anesthesia (NAPA) Acquires American Anesthesiology From MEDNAX, Inc., to Create One of the Most Comprehensive Anesthesia, Pain Management, and Perioperative Care Companies i

May 6, 2020 8:55 AM EDT

MELVILLE, N.Y. & FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- North American Partners in Anesthesia (NAPA) and MEDNAX, Inc. (NYSE: MD) today jointly announced the completion of NAPAs acquisition of American Anesthesiology, a MEDNAX medical group, creating the destination of choice for anesthesia, pain management, and perioperative care in the United States.

NAPA was founded in 1986 by physicians with a mission to seek excellence in patient care and create value for its clinicians and hospital and ambulatory partners. That vision has helped the company grow from coast to coast. American Anesthesiology,... More