The article by Radiology Business mentioned “Florida-based physician firm Mednax announced Friday that it intends to sell its Radiology Solutions business line and change its name back to Pediatrix Medical Group.” “The company first made its move into the radiology in 2015, creating a splash with the $500 million purchase of Minnesota-based vRad.” – Radiology Business, June 5, 2020
Recent news about MEDNAX will have an impact on the radiology industry.
“MEDNAX today confirmed that it has been reviewing strategic alternatives for its radiology medical group, MEDNAX Radiology Solutions. Prior to the onset of the COVID-19 pandemic, MEDNAX had been in advanced discussions to divest this organization and plans to move forward with a divestiture, when market conditions are appropriate. MEDNAX intends to apply the proceeds from a sale of MEDNAX Radiology Solutions towards debt reduction.” – Business Wire, June 5, 2020