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Pediatrix Medical Group Inc

pediatrix.com

Pediatrix Medical Group (MD) is a physician services company that provides newborn, maternal-fetal, and pediatric subspecialty care through a national network of affiliated physicians. Revenue is generated by billing patients and third-party payors for clinical services delivered primarily in hospital settings, including neonatal intensive care units. At December 31, 2025, the network comprised approximately 2,295 affiliated physicians operating across 37 states, including 1,350 neonatal physicians, over 475 maternal-fetal and obstetrical physicians, over 230 pediatric intensive care physicians, 220 hospital-based pediatric physicians, and 20 pediatric surgical physicians. During 2024, Pediatrix exited almost all office-based practices other than maternal-fetal medicine and also exited its primary and urgent care service line, concentrating the portfolio on hospital-based subspecialty care.

Products & Services

Neonatal intensive care (NICU-based care for premature and medically complex newborns), maternal-fetal medicine and obstetrical care for complicated pregnancies, pediatric intensive care, hospital-based pediatric care, and pediatric surgical care.

Revenue Model

Fee-for-service billing to patients and third-party payors for physician services delivered in hospital settings, primarily neonatal intensive care units and affiliated hospital environments.

Customers & Markets

Patients receiving neonatal, maternal-fetal, and pediatric subspecialty care; third-party payors including government and commercial insurers; hospital systems hosting affiliated physician practices across 37 states (as of December 31, 2025).

Geographic Exposure

United States, 37 states (as of December 31, 2025).

Financial Snapshot

Revenue
TTM
$1.932B
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
$174.2M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
132.62%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
878.6M
Cash
2026 Q1
P/E
TTM
11.94
Free Cash Flow
TTM
$237.3M

Stock Price

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Market Cap: $2.0801 Billion

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