MEDNAX Announces Acquisition Of South Dade Neonatology - Quick Facts

(RTTNews) - MEDNAX, Inc. (MD) announced the acquisition of South Dade Neonatology, a private neonatology practice based in Miami. South Dade Neonatology provides neonatology services in South Florida. It services nine regional hospitals across four counties. MEDNAX noted that this was a cash transaction and it is expected to be immediately accretive to earnings.

MEDNAX said the acquisition adds to the services the company provides in Florida through its affiliated network of physicians across multiple specialties, including anesthesiology, maternal-fetal medicine, neonatology, newborn hearing screen, obstetric hospitalist, pediatric cardiology, pediatric hospitalist, pediatric intensive care, pediatric urology and radiology.