FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--MEDNAX, Inc. (NYSE: MD), today announced the acquisition of Westchester Anesthesiologists, PC, a private physician group practice based in White Plains, N.Y. The practice was acquired by one of the company's affiliated professional contractors in New York.
Westchester Anesthesiologists provides anesthesia care across a wide spectrum of subspecialty areas in Westchester County. The practice employs 31 full-time clinicians (27 anesthesiologists and 4 anesthetists) that provide services to White Plains Hospital, a 292-bed health care organization. The practice also provides services to Rye Ambulatory Surgery Center, Surgical Specialty Center of Westchester and WESTMED Medical Group.
Westchester Anesthesiologists’ inpatient and outpatient anesthesia services include general, cardiac, endoscopies, obstetrics and cosmetic.
“Our group has provided the highest quality of anesthesia care to our surrounding community for more than 30 years, and we expect to continue that legacy as we partner with MEDNAX to support and guide us through this new and complex era of health care,” said Mitchell Reuben, M.D., who will serve as medical director for the practice. “MEDNAX’s well-developed infrastructure will help us not only provide value added services to our hospital, facilities and patients but also further enhance the care we deliver through leading-edge data collection as well as research, education and quality initiatives and outcomes.”
This acquisition adds to the services MEDNAX provides, through its affiliated professional contractors, across multiple specialties which include anesthesiology, neonatology, hearing screen and radiology services.
This was a cash transaction, and it is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed.
With this acquisition, seven physician group practices have become part of MEDNAX in 2016.
ABOUT MEDNAX
MEDNAX, Inc. is a national health solutions partner comprised of the nation's leading providers of physician services. Physicians and advanced practitioners practicing as part of MEDNAX are reshaping the delivery of care within their specialties and subspecialties, using evidence-based tools, continuous quality initiatives, clinical research and telemedicine to enhance patient outcomes and provide high-quality, cost-effective care. The Company was founded in 1979, and today, through its affiliated professional corporations, MEDNAX provides services through a network of more than 3,300 physicians in all 50 states and Puerto Rico. In addition to its national physician network, MEDNAX provides services to healthcare facilities and physicians in over 40 states through two complementary businesses, consisting of a revenue cycle management company and a consulting services company. Additional information is available at www.mednax.com.
