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Mednax Inc Announces Acquisition Of Neonatology Practice

Thursday, 27 Jun 2013 07:00am EDT 

MEDNAX Inc announced the acquisition of Neonatal Intensive Care Associates, a neonatal physician group practice based in Lubbock, Texas. The practice will become part of MEDNAX's Pediatrix Medical Group division, a national group practice consisting of the nation's neonatal, maternal-fetal medicine, pediatric cardiology, and other pediatric specialty physicians. The practice was acquired for cash and the transaction is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed. 

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