Fort Lauderdale, Fla.-based MEDNAX Inc. announced Tuesday it has acquired Anesthesia and Pain Management Group LLC, a private physician group practice in Millburn.
According to the announcement, the practice will become part of MEDNAX’s American Anesthesiology division.
“After evaluating our options, it was American Anesthesiology’s mission and culture that aligned with ours, and their back-office infrastructure gives us confidence that we can excel even as we face the changes occurring with health care reform,” Idrees Ahman, M.D., who will serve as medical director for the practice, said in a prepared statement. “We look forward to collaborating with a national network of physicians as part of the company’s research, education and quality initiatives as we look to grow our niche outpatient anesthesia services.”
MEDNAX’s division consists of more than 2,050 anesthesia providers, more than 875 physicians and 1,175 anesthetists practicing in Florida, Georgia, Maryland, Michigan, New Jersey, New York, North Carolina, Tennessee, Texas and Virginia, the company said.
Financial terms were not disclosed, but according to the announcement it was a cash transaction.
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