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
HQ
Sunrise, US
Founded
1979
Size (employees)
11,015 (est)
Website
mednax.com
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
Show all (1)

Mednax Financials and Metrics

Mednax Financials

Mednax's revenue was reported to be $3.5 b in FY, 2017
USD

Revenue (FY, 2017)

3.5 b

Net income (FY, 2017)

320.4 m

EBIT (FY, 2017)

480.1 m

Market capitalization (23-Feb-2018)

5.3 b

Cash (31-Dec-2017)

60.2 m

EV

6.4 b
Mednax's current market capitalization is $5.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.2 b2.4 b2.8 b3.2 b3.5 b

Revenue growth, %

13%14%15%

General and administrative expense

97 m417.1 m

Operating expense total

97 m3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

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

EBIT

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, 2016FY, 2017

Cash

31.1 m47.9 m51.6 m55.7 m60.2 m

Accounts Receivable

285.4 m352.2 m444.7 m495.3 m504 m

Current Assets

408.8 m467.1 m527.8 m587.1 m627.2 m

PP&E

59.9 m66 m83.6 m103.1 m123.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

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

PP&E

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, 2016FY, 2017

    Net Income

    280.5 m317.2 m335.7 m324.6 m320.4 m

    Depreciation and Amortization

    40 m46 m18.1 m89.3 m102.9 m

    Accounts Receivable

    (37 m)(57 m)(55 m)(34 m)7.8 m

    Inventories

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

      EV/EBIT

      13.3 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

      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

      Mednax fielding takeover interest from buyout firms, say sources: Reuters

      Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, sources told Reuters.

      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

      You may also be interested in