MEDNAX Revenue Grows 12.7% in 2Q

MEDNAX, a national medical group that specializes in anesthesia physician services as well as neonatal, maternal-fetal and other pediatric subspecialties, has reported earnings per share of $1.15 for the three months ended June 30, 2011, according to a MarketWatch report.

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MEDNAX reported a revenue growth of 12.7 percent and an operating income growth of 13.4 percent compared to the prior-year period. The company generated net patient service revenue of $393.4 million, up from $349.1 million for the prior-year period.

MEDNAX’s revenue growth attributable to contributions from recently acquired practices was 10 percent, while same-unit revenue grew by 2.7 percent for the 2011 second quarter.

Read the MarketWatch report on MEDNAX.

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