OverviewSuggest Edit
Mednax is a national medical group that comprises the broad physician services of Pediatrix Medical Group and American Anesthesiology. The Pediatrix Medical Group and American Anesthesiology units, through their affiliated professional corporations, provide physician services including neonatology, maternal-fetal medicine, pediatric cardiology, pediatric intensive care, pediatric and OBGYN hospitalist services and anesthesiology. The Company's physician-led health care organization partners with hospitals, health systems and health care facilities to offer clinical services spanning the continuum of care, as well as revenue cycle management, patient engagement and performance improvement consulting solutions.
| Type | Public | |
| Founded | 1979 | |
| HQ | Fort Lauderdale, FL, US | Map |
| Website | mednax.com | |
| Employee Ratings | More | |
| Overall Culture | F | More |
Recent NewsAll News
- What’s Next For Mednax Stock After The Recent 20% Rally?
- R1 RCM and Mednax Announce Enterprise Revenue Cycle Management Agreement to Enhance Patient Experience and Drive Financial Performance
- United States Anesthesiology Service Market Report 2021, Featuring Analysis of Key Players Envision Healthcare, Teamhealth and Mednax
- MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600
Key People/Management at Mednax
C. Marc Richards
Executive Vice President and Chief Financial Officer
Dominic J. Andreano
Executive Vice President, General Counsel and Secretary
John C. Pepia
Senior Vice President, Chief Accounting Officer
Curtis B. Pickert
President, Clinical Services Division
Mary Ann E. Moore
Senior Vice President and Chief Legal Officer, Operations
Roger M. Hinson
President
Mednax Office Locations
Mednax has an office in Fort Lauderdale
Fort Lauderdale, FL, US (HQ)
1301 Concord Terrace
Mednax Financials and Metrics
Mednax Revenue
Mednax's revenue was reported to be $1.73 b in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 446.8m |
Net income (Q1, 2021) | 17.6m |
EBIT (Q1, 2021) | 26.1m |
Market capitalization (9-Sept-2021) | 2.6b |
Closing stock price (9-Sept-2021) | 30.1 |
Cash (31-Mar-2021) | 269.6m |
EV | 2.4b |
Mednax's current market capitalization is $2.6 b.
- Source: SEC Filings
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.7b | 2.0b | 2.2b | 2.6b | 2.9b | 3.3b | 3.6b | 3.5b | 1.7b | ||
Revenue growth, % | 13% | 14% | 15% | ||||||||
General and administrative expense | 154.3m | 170.4m | 193.5m | 218.2m | 247.5m | 305.9m | 372.6m | 417.1m | 432.4m | 404.6m | 248.9m |
Operating expense total | 154.3m | 170.4m | 193.5m | 218.2m | 247.5m | 305.9m | 372.6m | 417.1m | 432.4m | 500.0m | 248.9m |
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 426.7m | 571.3m | 643.7m | 851.2m | 868.3m | 888.7m | 845.9m | 509.2m | 460.6m | 446.8m | |||||||||||||||||||||||
General and administrative expense | 39.2m | 37.5m | 41.8m | 42.7m | 43.0m | 46.9m | 48.2m | 48.2m | 53.3m | 54.6m | 54.7m | 58.4m | 60.8m | 60.6m | 67.9m | 72.4m | 80.2m | 90.0m | 92.1m | 93.5m | 103.8m | 103.0m | 101.4m | 108.8m | 107.9m | 102.9m | 101.8m | 103.5m | 102.4m | 105.2m | 77.7m | 66.3m | 66.5m |
Operating expense total | 39.2m | 37.5m | 41.8m | 42.7m | 43.0m | 46.9m | 48.2m | 48.2m | 53.3m | 54.6m | 54.7m | 58.4m | 60.8m | 60.6m | 67.9m | 72.4m | 80.2m | 90.0m | 92.1m | 93.5m | 103.8m | 103.0m | 101.4m | 108.8m | 107.9m | 102.9m | 105.4m | 131.0m | 122.3m | 105.2m | 77.7m | 66.3m | 66.5m |
Depreciation and amortization | 10.5m | 10.4m | 10.4m | 11.4m | 13.6m | 15.5m | 16.9m | 19.6m | 20.2m | 24.2m | 25.6m | 25.7m | 25.1m | 26.2m | 26.5m | 28.7m | 20.0m | 19.8m | 19.6m | 18.7m | 14.4m | 7.2m | 8.0m |
- Source: SEC Filings
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 26.3m | 18.6m | 21.3m | 31.1m | 47.9m | 51.6m | 55.7m | 60.2m | 36.7m | 112.8m | 1.1b |
Accounts Receivable | 181.4m | 230.4m | 248.1m | 285.4m | 352.2m | 444.7m | 495.3m | 504.0m | 542.3m | 498.9m | 241.9m |
Prepaid Expenses | 5.2m | 6.3m | 4.9m | 6.4m | 7.0m | 9.6m | 15.6m | 18.8m | 21.9m | 16.9m | |
Current Assets | 296.0m | 337.3m | 359.0m | 408.8m | 467.1m | 527.8m | 587.1m | 627.2m | 657.4m | 731.5m | 1.5b |
Quarterly
- Source: SEC Filings
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 202.7m | 218.0m | 240.9m | 280.5m | 317.2m | 335.7m | 324.6m | 320.4m | 268.6m | (1.5b) | (796.5m) |
Depreciation and Amortization | 22.0m | 25.3m | 30.8m | 40.0m | 46.0m | 64.2m | 89.3m | 102.9m | 111.3m | 78.9m | 28.4m |
Accounts Payable | (37.0m) | 21.5m | 17.0m | 49.2m | 66.0m | (7.9m) | 11.6m | 24.6m | 15.4m | 104.2m | 47.9m |
Cash From Operating Activities | 240.6m | 271.0m | 325.7m | 405.4m | 422.6m | 368.7m | 443.8m | 511.4m | 289.9m | 346.6m | 204.6m |
Quarterly
- Source: SEC Filings
| USD | Q2, 2010 |
|---|---|
Financial Leverage | 1.4 x |
Mednax Revenue Breakdown
Mednax revenue breakdown by business segment: 39.8% from Neonatology and other pediatric subspecialties, 39.8% from Management services, 8.2% from Anesthesiology, 6.1% from Radiology, 5.1% from Pediatric cardiology and 1.0% from Other
Mednax Cybersecurity Score
Mednax Online and Social Media Presence
1.39k Twitter followers
Mednax has 1.39k Twitter Followers. The number of followers has increased 1.4% month over month and increased 3.6% quarter over quarter
Mednax's Trends
Twitter Engagement Stats for @MEDNAX
7.4k
Tweets
1.1k
Following
1.4k
Followers
35
Tweets last 30 days
2.1
Avg. likes per Tweet
85.7%
Tweets with engagement
Mednax Company Culture
Overall Culture
F
49/100
CEO Rating
F
50/100
Compensation
D+
56/100
Diversity
F
41/100
Mednax News and Updates
July 02, 2021
What’s Next For Mednax Stock After The Recent 20% Rally?
The stock price of Mednax (NYSE: MD), a healthcare company that partners with hospitals, health systems, and health care facilities to offer specialized women and children clinical services, has seen a 5% drop over the last five trading days. Mednax’s contract with CVS Aetna in Texas expired...
May 17, 2021
R1 RCM and Mednax Announce Enterprise Revenue Cycle Management Agreement to Enhance Patient Experience and Drive Financial Performance
CHICAGO, May 17, 2021 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, and Mednax, Inc. (NYSE:MD), a national medical group specializing in prenatal, neonatal and…
April 08, 2021
United States Anesthesiology Service Market Report 2021, Featuring Analysis of Key Players Envision Healthcare, Teamhealth and Mednax
Dublin, April 08, 2021 (GLOBE NEWSWIRE) -- The "The US Anesthesiology Service Market: Size, Trends & Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.
November 05, 2020
MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and SmallCap 600 effective prior to the opening of trading on Friday, November 13:
September 10, 2020
Mednax to sell radiology business to doctor-owned Radiology Partners for $885 million in cash
Mednax Inc. said Thursday it has reached an agreement to sell its radiology business to physician-owned Radiology Partners for $885 million in cash. Mednax is a provider of maternal-fetal, newborn and pediatric subspecialty care based in Fort Lauderdale, Florida. "This transaction will enable MEDNA…
December 10, 2019
Starboard picks stake in Mednax, calls for co's sale - WSJ
Activist investor Starboard Value LP is
pushing healthcare service provider Mednax Inc to sell
all or part of itself, reported the Wall Street Journal citing
people familiar with the matter.
Mednax Blogs
September 21, 2021
Guest Blog: What is myocarditis and why is it making children sick?
Guest blog by Kris Deeter, M.D., MBA. Learn more about Dr. Deeter's credentials and role within Mednax below.
September 17, 2021
Building a culture of safety through highly reliable care
It’s estimated that medical errors are the leading cause of patient deaths in the United States after cancer and heart disease. Mednax® is working to change that by empowering our clinicians to deliver the safest care through a series of patient safety initiatives across our national med…
September 14, 2021
Caring for NICU babies: It takes a village
In the United States, between 10% and 15% of newborns require special care in the neonatal intensive care unit (NICU). Collectively caring for more than 5,350 neonates daily in more than 385 NICU facilities across the country, Pediatrix® Medical Group, part of the Mednax® family, employs…
September 03, 2021
National Suicide Prevention Week: While you’re taking care of others, who’s taking care of you?
On any given day, clinicians can be stretched thin due to the volume of patients they treat and their administrative responsibilities. This is especially true for clinicians who work in hospital emergency departments, intensive care units, surgical and cardiac wards and other high-acuity…
August 31, 2021
Employee Spotlight: Dwight Mills, CFA - Associate Vice President of Business Development
We sat down with Dwight Mills, associate vice president for business development at Mednax®. A native of Jamaica, Dwight majored in physics at Lawrence University in Wisconsin and earned a master’s of business administration from the University of Florida. He joined Mednax five years ago…
August 27, 2021
Protecting Our Children is Everyone’s Responsibility
More than 630,000 Americans have died related to COVID-19, and the number is rising again. Right now, as many as 1,000 Americans are dying each day from COVID-19. In the U.S., over 4.6 million cases have occurred in children. While the disease is generally milder in people under 18 years…
Mednax Frequently Asked Questions
When was Mednax founded?
Mednax was founded in 1979.
Who are Mednax key executives?
Mednax's key executives are C. Marc Richards, Dominic J. Andreano and John C. Pepia.
How many employees does Mednax have?
Mednax has 13,805 employees.
What is Mednax revenue?
Latest Mednax annual revenue is $1.7 b.
What is Mednax revenue per employee?
Latest Mednax revenue per employee is $125.6 k.
Who are Mednax competitors?
Competitors of Mednax include Tenet Healthcare, LifePoint Health and Envision Healthcare.
Where is Mednax headquarters?
Mednax headquarters is located at 1301 Concord Terrace, Fort Lauderdale.
Where are Mednax offices?
Mednax has an office in Fort Lauderdale.
How many offices does Mednax have?
Mednax has 1 office.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies