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news.Pediatrix Medical Group has acquired a pediatric cardiology practice with principal offices in Tampa and St Petersburg, Florida, that provides services to patients in communities in western and central Florida.
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The acquisition was completed with cash, and the practice is expected to contribute to Pediatrix’s earnings per share immediately.
With the acquisition of Pediatric Cardiology Associates, Pediatrix’s national group of pediatric cardiologists is now comprised of more than 85 physicians practicing in more than 15 metropolitan areas across the US.
Jorge McCormack, who has served as CEO of Pediatric Cardiology Associates, said: “We’re looking forward to collaborating with other Pediatrix pediatric cardiologists in research and clinical quality programs.
“In addition, as our practice continues to grow we will now have the clinical and administrative support, including an electronic medical record system that will allow us to focus on our core competency of caring for the patient.”