Pediatrix Medical Group, Inc. (NYSE:PDX), the nation's leading provider of neonatal, maternal-fetal and pediatric subspecialty physician services, today announced the acquisition of a neonatal physician group practice based in Munster, Indiana.

Neonatology Associates consists of three neonatologists who provide 24-hour, in-house care to premature and critically ill infants at Community Hospital's Level III, 16-bed neonatal intensive care unit (NICU). The practice's annual patient volume exceeds 5,600 NICU patient days.

?We are excited about drawing on Pediatrix's national resources and quality improvement activities, including its collaborative projects and clinical toolkits, to help us achieve better patient outcomes,? said Wichest Boonyapredee, M.D., who will serve as Medical Director for Pediatrix. ?We also look forward to accessing Pediatrix's professional development programs and online forums to keep us abreast of the latest neonatal advances and help us collaborate with other subspecialists across the country.?

Pediatrix's Center for Research and Education has advanced a series of evidence-based, online initiatives to improve neonatal outcomes, including a collaborative effort to reduce retinopathy of prematurity, the leading cause of blindness and vision loss in premature infants. Today, hospital teams across the country are accessing Pediatrix University's Continuous Quality Improvement tools to share best practices aimed at enhancing patient outcomes.

In addition to Munster, Pediatrix also staffs NICUs in South Bend and Fort Wayne, Indiana.

Pediatrix paid cash for the practice and the transaction is expected to be accretive to earnings.

About Pediatrix

Pediatrix Medical Group, Inc. is the nation's leading provider of newborn, maternal-fetal and pediatric physician subspecialty services. Pediatrix physicians and advanced nurse practitioners are reshaping the delivery of maternal-fetal and newborn care by identifying best demonstrated processes and participating in clinical research to enhance patient outcomes and provide high-quality, cost-effective care. Founded in 1979, its neonatal physicians provide services at more than 240 NICUs, and through Obstetrix, its perinatal physicians provide services in many markets where Pediatrix's neonatal physicians practice. Combined, Pediatrix and its affiliated professional corporations employ more than 900 physicians in 32 states and Puerto Rico. Pediatrix is also the nation's largest provider of newborn hearing screens and newborn metabolic screening. Additional information is available at www.pediatrix.com.

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