Expenses Hurting Mednax As Revenue Continues to Climb
Mednax (MD) continues to grow its physician practice business through acquisitions, but right now profits are coming in rather flat due to higher expenses.
Mednax (MD) continues to grow its physician practice business through acquisitions, but right now profits are coming in rather flat due to higher expenses.
Physician management group Mednax (MD) grew profits 13% a year the past decade, but profits might grow 8% this year due to tough comparisons.
Physician management group Mednax (MD) had a strong 2015 with 28% profit growth. But 2016 growth is expected to be in the mid-single digits.
Mednax (MD) is a leader in neonatal care and I will add the stock to the Conservative Growth Portfolio.
Mednax (MD), which got its roots in pediatric care and later expanded into anesthesiology, is now getting into radiology.