Florida-based Pediatrix Medical Group profits fall with birth rate, more poor patients
Miami Herald, November 6, 2008
Experiencing fewer births and more poor patients on Medicaid, Sunrise, FL-based Pediatrix Medical Group's third-quarter profits fell 5.5% to $37.4 million, or 81 cents a share. Acquisitions of neonatal and anesthesia practices in the past year pushed revenue higher, to $267.2 million. Patient volume in neonatal intensive care units, Pediatrix's core business, declined 3.4% in the quarter. CEO Roger Medel said women are "simply having fewer babies."
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- CA Powers Up $80M HIE to 'Create Value in the Data'
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- 3 Traits Personality Assessments Can't Reveal