Pediatrix Acquires Pediatric Cardiology Practice in Missouri

Pediatric Cardiology of the Ozarks was founded by James Shapiro,M.D. in 1988 and now consists of three pediatric cardiologists. Thegroup collaborates with a Pediatrix neonatal intensive care unit(NICU) at a nearby hospital, thus bringing Pediatrix's continuum ofcare model to Springfield's communities.

"Our philosophy is to put the patient first and strive for thehighest possible quality of care, and that's why Pediatrix'spatient-focused approach to practicing medicine is very important tous," said Armin J. Wagman, M.D., who will serve as Pediatrix's MedicalDirector. "By joining Pediatrix, we see the opportunity to continueenhancing patient outcomes and cultivating the relationships we'vebuilt with our referring physicians and hospital partners. We areexcited about becoming a part of Pediatrix's national network ofdoctors."

Physicians in the Springfield practice provide non-invasivepediatric cardiology services to patients with congenital and acquiredheart disease including echocardiograms, electrocardiograms, stresstests and fetal cardiology assessments.

The group serves patients throughout the surrounding southwestMissouri, northern Arkansas, northeast Oklahoma and southwest Kansascommunities. They also maintain an outreach clinic at a local hospitalin Joplin, Missouri. Dr. Shapiro attributes the success and growth oftheir practice to the importance they place on patient care.

With the completion of this transaction, more than 50 pediatriccardiologists practice as part of Pediatrix Medical Group.

Pediatrix paid cash for the practice and the transaction isexpected to be immediately accretive to earnings.

About Pediatrix

Pediatrix Medical Group, Inc., is the nation's leading provider ofnewborn, maternal-fetal and pediatric physician subspecialty services.Pediatrix physicians and advanced nurse practitioners are reshapingthe delivery of maternal-fetal and newborn care by identifying bestdemonstrated processes and participating in clinical research toenhance patient outcomes and provide high-quality, cost-effectivecare. Founded in 1979, its neonatal physicians provide services atmore than 240 NICUs, and through Obstetrix, its perinatal physiciansprovide services in many markets where Pediatrix's neonatal physicianspractice. Combined, Pediatrix and its affiliated professionalcorporations employ more than 850 physicians in 32 states and PuertoRico. Pediatrix is also the nation's largest provider of newbornhearing screens and newborn metabolic screening. Additionalinformation is available at http://www.pediatrix.com.

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