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Mednax buys physician group in Texas

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Mednax made its sixth medical practice acquisition of the year with the purchase of a neonatal physician group in Odessa, Texas. The Sunrise-based company (NYSE: MD) said it bought Sanjay P. Patel, P.A. for cash, but didn’t disclose the price. Opened in 2004, it has five neonatologists, three neonatal nurse practitioners, and three administrative support staff. It serves Odessa Regional Medical Center, Southwest General Hospital in San Antonio and Wadley Regional Medical Center. It is now part… Reported by bizjournals 1 hour ago.

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