MEDNAX, Inc.: Update to credit analysis following confirmation of rating with a positive outlook
MEDNAX's credit profile reflects its good liquidity and its strong competitive position in neonatology, against its moderately high leverage.MEDNAX provides physician services including newborn, anesthesia, maternal-fetal, radiology and teleradiology, pediatric cardiology and other pediatric subspecialty care. The company's network comprised of physicians, including physicians who provide neonatal clinical care, primarily within hospital-based neonatal intensive care units, to babies born prematurely or with medical complications. The company also provides radiology services and teleradiology services. In addition to its national physician network, the company provides services to healthcare facilities and physicians, including the company's, through complementary businesses, consisting of a management services organization and a consulting services company.
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