Mednax acquires Texas-based multispecialty physicians group: 3 key notes

Fort Lauderdale, Fla.-based Mednax acquired a multispecialty physicians group from Newborn Intensive Care Specialists in Spring, Texas.

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Here’s what you should know.

1. The physicians group employs 27 full time clinicians.

2. The practice offers neonatology, maternal-fetal medicine, newborn hearing screening and pediatric services to hospitals and private practices across Texas.

3. Mednax paid cash for the practice, but neither company disclosed the deal’s exact terms.

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