FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--MEDNAX, Inc. (NYSE: MD), today announced the acquisition of Bruce E. Snyder, M.D., PLLC., a private pediatric ophthalmology practice based in Henderson, Nevada.
Bruce E. Snyder, M.D., PLLC. employs one physician and three full-time non-clinical associates and provides ophthalmology services to pediatric and adult patients, specializing in retinopathy of prematurity (ROP) screening and visual care consultative services. The practice services 11 hospitals and three surgery centers throughout the Las Vegas area.
“MEDNAX was particularly attractive to our practice because of its robust clinical neonatal care expertise that will further enhance the important services we have been providing in our community for the last nine years,” said Bruce. E Snyder, M.D. “The company’s emphasis on research, education and quality initiatives will help us gain more traction in the pediatric ophthalmologic subspecialty of ROP.”
This acquisition adds to the services MEDNAX provides in Nevada which include anesthesiology, neonatology, newborn hearing screen, pediatric intensive care, pediatric hospital medicine, pediatric emergency medicine, pediatric child development and radiology.
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, five physician group practices have become part of MEDNAX in 2017.
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 3,675 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 management services organization and a consulting services company. Additional information is available at www.mednax.com.
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