Pediatrix Medical Group Reports Fourth Quarter Results [Yahoo! Finance]
Pediatrix Medical Group, Inc. (MD)
Last pediatrix medical group, inc. earnings: 2/20 06:00 am
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Source: Yahoo! Finance
health care for women, children and babies, today reported a loss from continuing operations of $1.50 per share for the three months ended December 31, 2023. On a non-GAAP basis, Pediatrix reported Adjusted EPS from continuing operations of $0.32. For the 2023 fourth quarter, Pediatrix reported the following results from continuing operations: Net revenue of $496 million; Loss from continuing operations of $124 million; and Adjusted EBITDA of $51 million. "Our fourth quarter operating results were consistent with our expectations," said James D. Swift, M.D., Chief Executive Officer of Pediatrix Medical Group. "We believe our operating plans for 2024, which build on progress in both our hybrid revenue-cycle management structure and increased in-network status, position us for very reliable cash flow, a foundation for future growth." Operating Results from Continuing Operations – Three Months Ended December 31, 2023 Pediatrix's net revenue for the three months ended Decemb
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