Mednax Inc. (NYSE: MD) has acquired a neonatal physician group practice based in Texas.
The Odessa, Texas-based practice, called Sanjay P. Patel MD PA, includes five neonatologists, three neonatal nurse practitioners, and three administrative support staff. Terms of the deal were not disclosed.
The group will be added to Mednax’s “Pediatrix Medical Group” division, which provides neonatal, maternal-fetal, pediatric cardiology and other care services.
In June, Fort Lauderdale, Fla.-based Mednax purchased Neonatal Intensive Care Associates, another neonatal physician group practice in Texas, which was also added to the company’s “Pediatrix” group.