MDNYSEServices-HospitalsUS GAAP · USD

Pediatrix Medical Group, Inc.

Pediatrix Medical Group, Inc. provides physician services focused on newborn, maternal-fetal, and other pediatric subspecialty care across the United States. Its affiliated physicians work primarily in hospital-based settings, especially neonatal intensive care units, and the company also supports hospital partners with clinical management and related practice services.

Liikevaihto1 914milj. USD
−4,9 %v/v
Liikevoitto (EBIT)209milj. USD
+403,9 %v/v
EBIT-marginaali10,9%
+14,3 %-yks.v/v
Nettotulos165milj. USD
+266,9 %v/v
Vapaa kassavirta271milj. USD
+31,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 5002 0002 500milj. USD2020: 1 734 milj. USD2020: EBIT 98 milj. USD20202021: 1 911 milj. USD2021: EBIT 203 milj. USD20212022: 1 972 milj. USD2022: EBIT 173 milj. USD20222023: 1 995 milj. USD2023: EBIT 7,3 milj. USD20232024: 2 013 milj. USD2024: EBIT −69 milj. USD20242025: 1 914 milj. USD2025: EBIT 209 milj. USD20251 914209
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Neonatal care45 %

Physician services for premature and medically complex newborns, mainly in NICUs.

Maternal-fetal and obstetrical care20 %

Specialty care for expectant mothers with complicated pregnancies.

Pediatric subspecialty care25 %

Hospital-based pediatric intensive care, pediatric hospitalist, and surgical services.

Practice management and support services10 %

Management, billing, compliance, and administrative services for affiliated practices.

Tuotteet

Raportoitu · osuus liikevaihdosta
85,2%14,2%FY2025100 %
  • Health Care Patient Service85,2 %
  • Hospitals Contracts14,2 %
  • Other0,6 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Pediatrix sells primarily to hospitals that contract for physician staffing and clinical coverage in specific units and departments. Its services are also used by expectant mothers, newborns, and pediatric patients who need specialized care, with reimbursement flowing through managed care plans, government programs, and other payors. The company’s hospital partners value its ability to staff critical care units and support integrated service lines across obstetrics and pediatrics.

Hospital partners

Hospitals contract for physician staffing, specialty coverage, and integrated service programs.

Neonatal patients and families

Newborns needing NICU care for prematurity or medical complications.

Maternal-fetal patients

Expectant mothers with complicated pregnancies who need specialty obstetric care.

Pediatric subspecialty patients

Children needing intensive care, hospitalist, or surgical pediatric services.

Payors

Managed care, government programs, and other third parties that reimburse services.

Strategia

Pediatrix’s strategy centers on hospital-based specialty physician services, especially neonatal and maternal-fetal care, where clinical expertise and hospital relationships are difficult to replicate. The company also emphasizes integrated service lines and practice portfolio management, using its network to deepen relationships with hospital partners and extend care across related specialties.

Deepen hospital partnershipsKeskipitkä aikaväli

Hospital contracts control access to units and drive recurring physician coverage.

Concentrate on core specialty careKeskipitkä aikaväli

Neonatal and maternal-fetal services align with the company’s strongest clinical network.

Improve portfolio focusLyhyt aikaväli

A narrower practice mix can simplify operations and align resources with core specialties.

Maantiede

Pediatrix operates a national physician network across 36 states, with clinical care delivered through affiliated physicians in hospital-based settings. Its footprint is concentrated in U.S. hospitals and surrounding referral markets, which makes state-level regulation, payor mix, and local birth trends important to the business. The company’s services are tied to where hospitals place NICUs, obstetric units, and pediatric specialty coverage.

Riskit

Pediatrix is exposed to reimbursement pressure, hospital contract concentration, and changes in U.S. birth rates and state-level healthcare conditions. Because its services are labor-intensive and highly regulated, physician recruitment, malpractice claims, payor mix shifts, and government reimbursement changes can materially affect performance.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Reimbursement pressure from government programs1Declining U.S. birth rate2Hospital contract concentration3Physician recruitment and retention5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Reimbursement pressure from government programsVaikutus: KorkeaTodennäköisyys: Korkea

    Medicaid and other government programs pay less for equivalent services than commercial plans.

    Kohdistuu: Payor mix

  2. Declining U.S. birth rateVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Neonatal care demand is tied to the number of births and NICU admissions.

    Kohdistuu: Neonatal services

  3. Hospital contract concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Hospitals control access to units and can re-award staffing contracts.

    Kohdistuu: Hospital-based practices

  4. Medical malpractice and litigationVaikutus: Korkea

    Specialty physician services carry inherent liability and defense-cost exposure.

    Kohdistuu: Professional liability

  5. Physician recruitment and retentionVaikutus: KeskitasoTodennäköisyys: Korkea

    The business depends on affiliated physicians to staff specialty care units.

    Kohdistuu: Clinical staffing

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and collection estimates

The company records net revenue based on expected ultimate collections from payors.

Vaikutus: Changes in payor mix, denials, and bad debt estimates affect reported revenue.

Goodwill impairment

The business has acquisition-related goodwill that must be tested for impairment.

Vaikutus: Impairment charges can materially reduce earnings and equity.

Professional liability reserves

Medical malpractice claims require estimates for self-insured retention and coverage.

Vaikutus: Reserve changes can affect expenses and liabilities.

Quarterly comparability

Patient volume, acquisitions, and practice exits can distort period-to-period results.

Vaikutus: Reported margins and operating income may not be directly comparable across quarters.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Pediatrix Medical Group, Inc. (MD) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo