Physician group Mednax beat expectations by posting a 8.2 percent increase in the second quarter over its first quarter earnings, with net patient service revenue rising 14 percent, according to Bloomberg Businessweek.
The Ft. Lauderdale, Fla.-based group announced a double-digit revenue jump overall for its 1,900 physicians, who specialize in neonatal, maternal-fetal, pediatric cardiology and anesthesia doctor services.
Mednax also announced it acquired Loudoun Anesthesia Associates of Virginia, a practice that provides anesthesia services at Inova Loudoun Hospital and Inova Loudoun Ambulatory Surgery Center in Leesburg.
The anesthesia practice was acquired in cash and should further boost the company's earnings.
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The Ft. Lauderdale, Fla.-based group announced a double-digit revenue jump overall for its 1,900 physicians, who specialize in neonatal, maternal-fetal, pediatric cardiology and anesthesia doctor services.
Mednax also announced it acquired Loudoun Anesthesia Associates of Virginia, a practice that provides anesthesia services at Inova Loudoun Hospital and Inova Loudoun Ambulatory Surgery Center in Leesburg.
The anesthesia practice was acquired in cash and should further boost the company's earnings.
More Articles on Anesthesia:
9 Anesthesiologist Appointments and Accomplishments
House Approves Key Drug Shortage Provisions
Anesthesiologist to Serve Sixth Consecutive Term on AMA Board