Pediatrix Medical Group, Inc.MD
What Pediatrix Medical Group, Inc. does.
Pediatrix is a leading provider of physician services including newborn, maternal-fetal, and other pediatric subspecialty care. Our national network is comprised of affiliated physicians who provide clinical care in 37 states. During 2024, we formalized our practice portfolio management plans, resulting in a decision to exit almost all of our affiliated office-based practices, other than maternal-fetal medicine. As of December 31, 2024, these plans were completed. Additionally, we exited our primary and urgent care service line during 2024 based on a review of the cost and time that would be required to build the platform to scale. At December 31, 2025, our national network comprised approximately 2,295 affiliated physicians, including 1,350 physicians who provide neonatal clinical care, primarily within hospital-based neonatal intensive care units (“NICUs”), to babies born prematurely or with medical complications. We have over 475 affiliated physicians who provide maternal-fetal and obstetrical medical care to expectant mothers experiencing complicated pregnancies primarily in areas where our affiliated neonatal physicians practice. Our network also includes other pediatric subspecialists, including over 230 physicians providing pediatric intensive care, 220 physicians providing hospital-based pediatric care, and 20 physicians providing pediatric surgical care.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $2.0B | $2.0B | $2.0B | $1.9B |
| Net income | -$796.5M | $131.0M | $66.3M | -$60.4M | -$99.1M | $165.4M |
| Free cash flow | $175.8M | $44.5M | $137.2M | $104.0M | $184.6M | $252.6M |
More on MD.
- Pediatrix Medical Group, Inc. summary
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- Pediatrix Medical Group, Inc. health scores and style box
- Pediatrix Medical Group, Inc. earnings
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- Pediatrix Medical Group, Inc. valuation
- Pediatrix Medical Group, Inc. ownership and insiders
- Pediatrix Medical Group, Inc. peers
Figures from Pediatrix Medical Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.