MEDNAX is a physician-led health solutions partner providing the highest quality patient care through our national network of nearly 3,000 physicians. Our physician practices and business professionals are passionate about taking great care of patients, continually optimizing performance and helping providers overcome healthcare’s quality, financial and administrative complexities. Physicians and advanced practitioners practicing as part of MEDNAX are reshaping the delivery of care within their specialties and subspecialties, using evidence-based tools, continuous quality initiatives, clinical research to enhance patient outcomes and provide high-quality, cost-effective care. The Company was founded in 1979, and today, through its affiliated professional corporations, MEDNAX provides services through a network of more than 3,200 physicians in all 50 states and Puerto Rico. In addition to its national physician network, MEDNAX provides services to healthcare facilities and physicians in over 40 states through two complementary businesses, consisting of a revenue cycle management company and a consulting services company.
Company Growth (employees)
Sunrise, US
Size (employees)
7,400 (est)
Mednax was founded in 1979 and is headquartered in Sunrise, US

Mednax Office Locations

Mednax has an office in Sunrise
Sunrise, US (HQ)
1301 Concord Terrace

Mednax Financials and Metrics

Mednax Financials

Mednax's revenue was reported to be $3.2 b in FY, 2016

Revenue (Q3, 2017)

869 m

Net income (Q3, 2017)

65.9 m

EBIT (Q3, 2017)

126.4 m

Market capitalization (13-Nov-2017)

4.2 b

Cash (30-Sep-2017)

48.4 m


5.1 b
Mednax's current market capitalization is $4.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


2.2 b2.4 b2.8 b3.2 b

Revenue growth, %


General and administrative expense

97 m

Operating expense total

97 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


626.5 m639.4 m676.6 m722.3 m752.6 m771.8 m828 m835.6 m842.9 m869 m

General and administrative expense

54.7 m58.4 m60.8 m60.6 m67.9 m72.4 m80.2 m90 m92.1 m93.5 m103.8 m103 m101.4 m

Operating expense total

431.4 m462.2 m465.9 m488.4 m524.6 m535.6 m571.1 m628.4 m624 m671.1 m729.6 m721 m742.5 m


123.3 m104.1 m129.7 m138.1 m114.8 m141 m151.1 m124.2 m147.8 m156.9 m106 m121.9 m126.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


31.1 m47.9 m51.6 m55.7 m

Accounts Receivable

285.4 m352.2 m444.7 m495.3 m

Current Assets

408.8 m467.1 m527.8 m587.1 m


59.9 m66 m83.6 m103.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


16.2 m19.8 m17.7 m71.8 m50.2 m65.3 m60.9 m55.5 m51.9 m52.8 m41.8 m40.4 m48.4 m

Accounts Receivable

272.8 m315.7 m327.4 m345.2 m360.9 m380.5 m406.8 m465.8 m461.2 m487 m487.7 m480.4 m520 m

Current Assets

373 m396 m407.7 m481.1 m478 m525.5 m573.2 m551.4 m548.5 m575.5 m562.4 m557.6 m653.3 m


60.9 m60.7 m60.2 m63.6 m67.3 m81.4 m82.9 m87.7 m89.9 m98.5 m108.3 m110.5 m114.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

280.5 m317.2 m335.7 m324.6 m

Depreciation and Amortization

40 m46 m18.1 m89.3 m

Accounts Receivable

(37 m)(57 m)(55 m)(34 m)


212 k1.5 m(4.9 m)(783 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

77 m63.7 m79 m86.2 m68.6 m84 m90.6 m67.8 m82.3 m96.4 m54.7 m

Depreciation and Amortization

10.5 m10.4 m10.4 m11.4 m13.6 m15.5 m16.9 m19.6 m20.2 m24.2 m25.6 m

Accounts Receivable

327.4 m345.2 m360.9 m380.5 m406.8 m465.8 m461.2 m487 m487.7 m

Accounts Payable

241.8 m300.3 m212.3 m286.7 m351.6 m260.4 m300.1 m363.3 m256.3 m
Y, 2017


40.5 x

Financial Leverage

1.9 x
Show all financial metrics

Mednax Market Value History

Mednax Revenue Breakdown

Mednax's Web-traffic and Trends

Mednax Online and Social Media Presence

Mednax News and Updates

PE-backed ICP beefs up senior team with three new appointments

Integrated Care Physicians Inc, a portfolio company of BelHealth Investment Partners LLC, has made several new senior executive appointments. Stephen Bartow is now chief operations officer, Matt Jackson has become chief financial officer and Adam Greer is vice president of operations management. ICP…

Mednax Company Life and Culture

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