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PEDIATRIX MEDICAL GROUP INC (MD)

Health Care · Physician Services - Hospital-Based Pediatric Specialties · NYSE

Pediatrix is a leading national network of affiliated physicians providing specialist hospital-based pediatric services, primarily neonatal intensive care and maternal-fetal medicine.

What PEDIATRIX MEDICAL GROUP INC does

Pediatrix Medical Group operates a national network of approximately 2,295 affiliated physicians providing hospital-based clinical care across pediatric subspecialties. The company's primary focus is neonatal intensive care (approximately 1,350 affiliated neonatologists managing over 360 NICUs) and maternal-fetal medicine (over 475 physicians providing care for high-risk pregnancies). Additional services include pediatric intensive care, hospital-based pediatric hospitalist care, and pediatric surgical services across 37 states. In 2024, the company exited office-based practices and primary/urgent care to focus on its hospital-based core competencies.

Themes: ["Neonatal and critical care services","Maternal-fetal medicine","Hospital-based pediatric subspecialties","Physician services / staffing model","High-complexity patient care"]

Fundamentals

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Key risks (from latest filing)

["Revenue decline of 2.25% year-over-year reflects market pressures and portfolio exits; continued dependence on hospital partnerships and managed care reimbursement rates for neonatal and maternal-fetal care","Significant goodwill balance ($1.27 billion, 61% of total assets) creates impairment risk if physician practice valuations or hospital partnerships deteriorate","Workforce retention and recruitment challenges in specialized pediatric medicine; dependence on affiliated physician networks rather than direct employment model limits control over service delivery and continuity"]

See MD's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.