Here are four things to know about the completed acquisition:
1. MEDNAX completed the acquisition for $500 million, “which includes the assumption of certain net operating loss carry forwards.”
2. MEDNAX expects the acquisition to add an initial $25 million in annualized operating income.
3. vRad is a radiology physician services and telemedicine company.
4. The company includes a network of over 350 radiologists and provides radiology coverage to over 2,100 healthcare facilities.
More articles on surgery centers:
5 big dysfunctions in ASCs—And how to fix them
16 ASCs recently adding new specialties & procedures
ASCA elects 6 board members for 3-year terms
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
