Pediatrix Acquires South Florida Pediatric Cardiology Practice

  
    
  
  
    
      Pediatrix Medical Group, Inc., (NYSE:PDX) today announced that it has 
      completed the acquisition of a pediatric cardiology practice based in 
      Pembroke Pines, Florida, that serves patients in communities in 
      northwest Miami-Dade and western Broward counties.
    
    
      The practice was founded in 2002 by Raul Aguirre, M.D., who has more 
      than 12 years’ experience practicing pediatric 
      cardiology in South Florida. Dr. Aguirre’s 
      practice provides a range of cardiology services to pediatric patients. 
      The practice also has a thriving referral base from obstetricians and 
      maternal-fetal medicine specialists for fetal echocardiography services.
    
    
      “The more we know about congenital heart 
      defects, the greater the need for fetal echocardiography services,” 
      said Raul Aguirre, M.D. “As part of Pediatrix, 
      I believe we have an excellent opportunity to build a recognized program 
      for patients in our communities.”
    
    
      Pediatrix paid cash for the practice, which is expected to contribute 
      immediately to earnings per share.
    
    
      About Pediatrix
    
    
      Pediatrix Medical Group, Inc. is the nation’s 
      leading provider of neonatal, maternal-fetal and pediatric physician 
      subspecialty services and recently expanded to include anesthesiology 
      services. Pediatrix physicians and advanced practitioners are reshaping 
      the delivery of care within the maternal-fetal, neonatal intensive care 
      and pediatric cardiology subspecialties, using evidence-based tools, 
      continuous quality initiatives and clinical research to enhance patient 
      outcomes and provide high-quality, cost-effective care. Founded in 1979, 
      its neonatal physicians provide services at more than 240 neonatal 
      intensive care units, and in many markets they collaborate with 
      affiliated maternal-fetal medicine, pediatric cardiology physician 
      subspecialists and pediatric intensivists to provide a clinical care 
      continuum. Combined, Pediatrix and its affiliated professional 
      corporations employ more than 1,050 physicians in 32 states and Puerto 
      Rico. Pediatrix is also the nation’s largest 
      provider of newborn hearing screens. Additional information is available 
      at www.pediatrix.com.
    
    
      Certain statements and information in this press release may be 
      deemed to be “forward-looking statements” 
      within the meaning of the Federal Private Securities Litigation Reform 
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      are made as of the date hereof, and Pediatrix undertakes no duty to 
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      not guarantees of future performance and are subject to risks and 
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      developments, and business decisions to differ materially from 
      forward-looking statements are described in Pediatrix’s 
      most recent Annual Report on Form 10-K, including the section entitled “Risk 
      Factors”.