The Midwest is no longer a lock in terms of avoiding the AMC/Borg Takeover:
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jun. 7, 2016-- MEDNAX, Inc. (NYSE:MD), today announced the acquisition of Northwest Anesthesia, PA, a private physician group practice based in Minneapolis, MN.
Northwest Anesthesia, established in 1974, is the first Minnesota-based practice to join the Company. The clinical care team consists of 128 full-time equivalent clinicians (37 full-time equivalent anesthesiologists and 91 full-time equivalent anesthetists) who provide services to seven Allina Health facilities, including Abbott Northwestern Hospital, the Minneapolis Heart Institute and The Mother Baby Center. In addition, Northwest Anesthesia is the exclusive provider of professional anesthesia services to several off-campus surgical centers throughout Minneapolis and other Allina Health tertiary hospitals.
Allina Health includes 13 hospitals and over 26,000 employees. Its flagship facility, Abbott Northwestern Hospital, is a major provider of surgical services, most notably in the areas of cardiology and cardiac surgery, neuroscience, high-risk obstetrics, orthopedics, integrative medicine, rehabilitation, spinal diseases and cancer prevention.
Northwest Anesthesia provides a broad range of specialty and subspecialty anesthesia services including obstetrics, general surgery, complex cardiac surgery, major spine and neurosurgery, and orthopedic surgery, as well as acute pain management services.
“We felt that MEDNAX was the best strategic partner to help us grow our practice and navigate the changes occurring in the healthcare arena,” said Steven Dentz, M.D., who will serve as medical director for the practice. “MEDNAX’s research, education and quality initiatives will strengthen our practice and allow us to demonstrate our value to our hospital partners.”