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Pediatrix Medical Group Appoints New CEO Amidst Strategy Shift
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Pediatrix Medical Group Appoints New CEO Amidst Strategy Shift

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Pediatrix Medical Group ( (MD) ) has issued an update.

Pediatrix Medical Group announced a leadership transition with Mark S. Ordan returning as CEO to accelerate the company’s transformational strategy aimed at enhancing shareholder value. The company is refocusing on hospital relationships and patient-centric activities, and expects to achieve the high end of its adjusted EBITDA range for 2024, signaling strong financial performance.

More about Pediatrix Medical Group

Pediatrix Medical Group, Inc. is a leading provider of physician services, focusing on coordinated, compassionate, and clinically excellent services for women, babies, and children in both hospital settings and office-based practices. The company specializes in obstetrics, maternal-fetal medicine, and neonatology, supported by investments in research, education, and safety initiatives. Founded in 1979 as a neonatology practice, it now operates with approximately 4,500 affiliated physicians and clinicians.

YTD Price Performance: -4.53%

Average Trading Volume: 741,933

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.07B

See more data about MD stock on TipRanks’ Stock Analysis page.

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