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.
TypePublic
Founded1979
HQFort Lauderdale, US
Websitemednax.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2019)13,805(-14%)
Job Openings667
Revenue (FY, 2019)$3.5 B(-3%)
Share Price (Oct 2020)$14.9 (-1%)
Cybersecurity ratingDMore

Mednax Office Locations

Mednax has an office in Fort Lauderdale
Fort Lauderdale, US (HQ)
1301 Concord Terrace
Show all (1)

Mednax Financials and Metrics

Mednax Revenue

Mednax's revenue was reported to be $3.51 b in FY, 2019
USD

Revenue (Q2, 2020)

509.2m

Net income (Q2, 2020)

(672.4m)

EBIT (Q2, 2020)

34.9m

Market capitalization (16-Oct-2020)

1.3b

Closing stock price (16-Oct-2020)

14.9

Cash (30-Jun-2020)

132.2m

EV

1.2b
Mednax's current market capitalization is $1.3 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.7b2.0b2.2b2.6b2.9b3.3b3.6b3.5b

Revenue growth, %

13%14%15%

General and administrative expense

154.3m170.4m193.5m218.2m247.5m305.9m372.6m417.1m432.4m404.6m

Operating expense total

154.3m170.4m193.5m218.2m247.5m305.9m372.6m417.1m432.4m500.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

426.7m571.3m643.7m851.2m868.3m888.7m845.9m509.2m

General and administrative expense

39.2m37.5m41.8m42.7m43.0m46.9m48.2m48.2m53.3m54.6m54.7m58.4m60.8m60.6m67.9m72.4m80.2m90.0m92.1m93.5m103.8m103.0m101.4m108.8m107.9m102.9m101.8m103.5m102.4m105.2m77.7m

Operating expense total

39.2m37.5m41.8m42.7m43.0m46.9m48.2m48.2m53.3m54.6m54.7m58.4m60.8m60.6m67.9m72.4m80.2m90.0m92.1m93.5m103.8m103.0m101.4m108.8m107.9m102.9m105.4m131.0m122.3m105.2m77.7m

Depreciation and amortization

10.5m10.4m10.4m11.4m13.6m15.5m16.9m19.6m20.2m24.2m25.6m25.7m25.1m26.2m26.5m28.7m20.0m19.8m19.6m18.7m14.4m
USDQ2, 2010

Financial Leverage

1.4 x
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Mednax Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Mednax Revenue Breakdown

Embed Graph

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 Online and Social Media Presence

Embed Graph

Mednax News and Updates

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…

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.

MD LOSS NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Mednax, Inc.; Important Deadline - MD

NEW YORK, Sept. 13, 2018 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Mednax, Inc. (NYSE: MD) from February 4, 2016 through July 27, 2017, inclusive (the "Class Period"). The...

Lifshitz & Miller LLP Announces Investigation of American Express Company, GDS Holdings Limited, Lannett Company, Inc., Mednax, Inc., Menlo Therapeutics Inc., Papa John's International, Inc., Tetraphase Pharmaceuticals, Inc. and Zion Oil & Gas, Inc.

NEW YORK, Sept. 12, 2018 /PRNewswire/ -- American Express Company (AXP) Lifshitz & Miller announces investigation into possible securities laws violations in connection with the FBI probing pricing practices within AXP's foreign-exchange unit. If you are an AXP investor, and would like...

global Ambulatory Surgery Center market iswill reach 113200 million US$ by 2025

QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience Posted via Industr…

Global Ambulatory Surgery Center Market 2017: Key Players – EHH, THC, Mednax, QHC, ASCOA, Nueterra Healthcare

WiseGuyReports.com adds “Ambulatory Surgery Centers Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023”  Posted via Industry Today. Follow us on Twitter @IndustryToday
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Mednax Blogs

Celebrating Women in Medicine Month

Each September, the American Medical Association’s (AMA) Women Physicians Section celebrates Women in Medicine Month to showcase the accomplishments of women physicians and highlight advocacy related to female physicians and health issues impacting women.

Patient Safety for the OB Hospitalist: Improving Outcomes for Expecting Moms

World Patient Safety Day is observed annually on Sept. 17. MEDNAX has numerous quality and safety initiatives covering many specialty areas of care. For Jean Moon, M.D., and Kathleen Horowitz, M.D., patient safety is something they practice daily as obstetric (OB) hospitalists for the Ob…

Why is newborn screening important?

September commemorates Newborn Screening Awareness Month, a time to educate and raise awareness for newborn screenings. We sat down with experts across our practices to answer questions about the various newborn screening tests.

Neonatal nurse practitioners focus on the most important thing: their newborn

What is essential in health care? The answer depends on who you ask. To Brenda Griner, APRN, MSN, MHA, critical thinking when treating the sickest of babies is imperative. When Brenda was a staff nurse at Broward Health over 30 years ago, she was first introduced to the role of the Neona…

Quality clinical research leads to quality care

Research plays a key part in moving health care forward. MEDNAX established the Center for Research, Education, Quality and Safety (CREQS) to further the company’s mission to take great care of the patient, every day and in every way. Each year, our clinicians participate in and publish …

Improving outcomes for patients with placenta accreta

In 2012, Phoenix Perinatal Associates, a Maternal-Fetal Medicine team at Banner University Medical Center in Phoenix, AZ, implemented a new program that would profoundly impact outcomes for their patients. The program focuses on placenta accreta spectrum disorders, a condition occurring …
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Mednax Frequently Asked Questions

  • When was Mednax founded?

    Mednax was founded in 1979.

  • How many employees does Mednax have?

    Mednax has 13,805 employees.

  • What is Mednax revenue?

    Latest Mednax annual revenue is $3.5 b.

  • What is Mednax revenue per employee?

    Latest Mednax revenue per employee is $254.5 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.