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)
Type
Public
HQ
Sunrise, US
Founded
1979
Size (employees)
7,400 (est)+38%
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

Mednax Data and Metrics

Mednax Financial Metrics

Mednax's revenue was reported to be $3.2 b in FY, 2016 which is a 15% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

3.2 b

Revenue growth (FY, 2015 - FY, 2016), %

15%

Net income (FY, 2016)

324.6 m

EBIT (FY, 2016)

142.8 m

Market capitalization (24-May-2017)

5.1 b

Closing share price (24-May-2017)

54.5

Cash (31-Dec-2016)

55.7 m

EV

5.8 b
Mednax's current market capitalization is $5.1 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.4 b2.8 b3.2 b

Revenue growth, %

14%15%

Operating expense total

1.7 b1.9 b2.2 b688 m

EBIT

452.1 m511.2 m554.7 m142.8 m

EBIT margin, %

21%20%4%

Interest expense

(1 m)(3.3 m)(8.5 m)(16.4 m)

Pre tax profit

123.4 m138.9 m144 m128 m

Income tax expense

44.4 m50.6 m51.6 m49.9 m

Net Income

280.5 m317.2 m335.7 m324.6 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

31.1 m47.9 m51.6 m55.7 m

Accounts Receivable

285.4 m352.2 m444.7 m495.3 m

Inventories

Current Assets

408.8 m467.1 m527.8 m587.1 m

PP&E

59.9 m66 m83.6 m103.1 m

Goodwill

2.4 b2.8 b3.4 b3.8 b

Total Assets

3 b3.6 b4.5 b5.3 b

Accounts Payable

308.8 m380.7 m395.8 m407.9 m

Total Debt

201.3 m355.4 m805.6 m

Current Liabilities

326.8 m416.3 m428.8 m448.9 m

Additional Paid-in Capital

858 m886.9 m926.2 m974.3 m

Retained Earnings

1.5 b1.4 b1.5 b1.8 b

Total Equity

2.3 b2.3 b2.4 b2.8 b

Debt to Equity Ratio

0.1 x0.1 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x

Financial Leverage

1.3 x1.6 x1.9 x1.9 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

280.5 m317.2 m335.7 m324.6 m

Depreciation and Amortization

40 m46 m18.1 m25.3 m

Accounts Receivable

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

Inventories

(783 k)

Accounts Payable

49.2 m66 m(7.9 m)11.6 m

Cash From Operating Activities

9.9 m16.8 m3.6 m

Purchases of PP&E

(15.7 m)(18.1 m)(27.1 m)(39.3 m)

Cash From Investing Activities

(263.5 m)(503.6 m)(848 m)(821.2 m)

Interest Paid

3.3 m7.3 m20.4 m60.5 m

Income Taxes Paid

126.4 m161.8 m181 m176 m
Numbers are in $, USDY, 2016

EV/EBIT

40.8 x

Revenue/Employee

589.5 k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x

Mednax Market Value History

Mednax Online and Social Media Presence

Mednax Company Life and Culture

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