MEDNAX Forges Alliance for Better Health Services in Texas

by Lionel Casey

MEDNAX, Inc. MD lately announced an association with Alfredo Gei MD, P.A., a non-public maternal-fetal medicine exercise positioned in Houston. However, the terms of this coins transaction had not been disclosed.

With this deal, MEDNAX could be capable of ramp up the offerings it affords at Texas through its community of affiliated physicians in a couple of specialties, inclusive of new child hearing display screen, neonatology, developmental pediatrics, maternal-fetal medicinal drug, obstetric hospitalist, essential pediatric care, pediatric hospitalist, pediatric ophthalmology, pediatric otolaryngology, anesthesiology and radiology et al. This collaboration is anticipated to be right away accretive to its earnings.

Notably, Alfredo Gei MD might gain traction from MEDNAX’s national community, which is essential for the crew to be constant in growth and provide superior care to sufferers. Management believes that MEDNAX’s nationally acclaimed research and initiatives will support Alfredo Gei MD’s practice, render improved patient services, and provide a threat to feature fees to its hospital partners.

The corporation’s allied doctor practices supply special perinatal care in Houston, and its doctor community caters to maternal-fetal medicine offerings to 12 region health facility partners.

MEDNAX has constantly been making efforts to reinforce its portfolio over the previous few quarters. In March, it announced its affiliation to Georgia Neonatology, LLC, a non-public neonatology practice in Athens, GA. This agreement was delivered to MEDNAX’s extensive selection of services in Georgia through its network of associated physicians across various specialties, including pain management, anesthesiology, maternal-fetal remedy, neonatology, newborn listening to display screen, obstetric hospitalist, pediatric hospitalist, and radiology.

Last month, the company declared its affiliation with Central Coast Perinatal Medical Group, Inc., with which it was able to drive its offerings in California through its affiliated network of physicians ranging over diverse more than one specialty, consisting of maternal-fetal medication, neonatology, newborn listening to display, obstetric hospitalist, pediatric cardiology, essential pediatric care, pediatric hospitalist, and radiology.

MEDNAX has usually been lively about catalyzing its inorganic boom profile. Apart from numerous tie-ups, the agency has obtained multiple organizations to enhance its abilities. During 2018, it received nine health practitioner institution practices and five radiology, neonatology, and pediatric subspecialty practices. The enterprise expects to close multiple purchases in ladies’ and children offerings in the upcoming quarters. We agree that these types of strategic initiatives bode appropriately for the company’s boom.

Shares of this Zacks Rank #4 (Sell) corporation have plunged forty-two.Nine% in a year against its industry’s increase of 5.Three%. What can rebound the stocks?

Investors interested in the scientific region can check better-ranked stocks like WellCare Health Plans, Inc. WCG, HCA Healthcare, Inc. HCA, and Molina Healthcare, Inc MOH. You can see the entire list of today’s Zacks #1 Rank stocks here.

WellCare Health offers managed care services to government-backed fitness care packages. The corporation pulled off an average nice marvel of thirteen.52% inside the preceding four quarters. It holds a Zacks Rank #2 (Buy).

HCA Healthcare affords health care offerings. In the last four quarters, the organization introduced a familiar beat of 15.74%. The enterprise incorporates a Zacks Rank of 2.

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