MEDNAX acquired Surgical Directions during the second quarter of 2014, according to a Seeking Alpha report.
"We see this business as a positive component of our organic growth potential, both immediately and in the future. In addition, a number of our own anesthesiologists have worked with the company and found their input to be extremely valuable, which led us to consider and then act on the idea of acquiring them. We think more of our practices can benefit from Surgical Directions' services and the company has free rein to market itself on, essentially, an intercompany basis," said Co-Founder, CEO, Director and Chairman of Executive Committee of MEDNAX Roger J. Medel.
The company also plans to consider additional business acquisitions that can help develop a platform for new revenue growth.
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"We see this business as a positive component of our organic growth potential, both immediately and in the future. In addition, a number of our own anesthesiologists have worked with the company and found their input to be extremely valuable, which led us to consider and then act on the idea of acquiring them. We think more of our practices can benefit from Surgical Directions' services and the company has free rein to market itself on, essentially, an intercompany basis," said Co-Founder, CEO, Director and Chairman of Executive Committee of MEDNAX Roger J. Medel.
The company also plans to consider additional business acquisitions that can help develop a platform for new revenue growth.
More articles on anesthesia:
Primer for anesthesiologists: 6 financial, strategic issues facing ASCs
Mednax acquires Associated Anesthesiologists of Joliet, 3 related entities
Mednax to acquire revenue cycle company MedData