Pediatrix® Medical Group Releases Inaugural Sustainability Report
December 01 2022 - 06:50AM
Business Wire
Report outlines the organization’s ESG
commitment, vision and strategy
Pediatrix® Medical Group, Inc. (NYSE: MD), the nation’s leading
provider of highly specialized health care for women, babies and
children, today released its inaugural sustainability report which
outlines Pediatrix’s approach and business practices related to its
Environmental, Social and Governance (ESG) efforts. The report is a
milestone in the company’s commitment to transparently providing
ESG information to its key stakeholders.
“In today’s environment, it is no longer appropriate to measure
companies by growth and profitability alone,” said Mark Ordan,
Chief Executive Officer of Pediatrix Medical Group and ESG
Executive Oversight Committee member. “Discerning investors, boards
of directors and executive leaders also look at companies based on
their environmental conscience, social commitment and corporate
governance best practices. Pediatrix Medical Group is proud to
adhere to its strong environmental, social and governance policies,
ensuring that we foster mutually beneficial and healthy
relationships with patients, associates and shareholders
alike.”
“We are dedicated to be a leading provider of services for
women, babies and children,” said Bethany Forss, Senior Director of
Diversity, Equity and Inclusion and ESG Committee Co-chair. “We are
proud to apply that same level of care and standard of excellence
to our associates and communities. As part of our commitment toward
a sustainable future, we have integrated ESG principles into our
operations and aligned them with our overarching business strategy
to create a positive environmental and social impact.”
"Our governance structure underscores our commitment to
compliance with applicable local, federal and state laws, rules and
regulations," said Dana Dreher-Rodwell, Vice President, Chief
Compliance Officer and ESG Committee Co-chair. "Our ESG program is
designed to allow us to conduct business in compliance with ethical
standards and integrity and demonstrates our commitment to our
stakeholders."
To view the report, please visit
www.pediatrix.com/sustainability.
About Pediatrix Medical Group, Inc.
Pediatrix® Medical Group, Inc. (NYSE:MD) is the nation’s leading
provider of physician services. Pediatrix-affiliated clinicians are
committed to providing coordinated, compassionate and clinically
excellent services to women, babies and children across the
continuum of care, both in hospital settings and office-based
practices. Specialties include obstetrics, maternal-fetal medicine
and neonatology complemented by more than 20 pediatric
subspecialties, as well as a newly expanded area of pediatric
primary and urgent care clinics. The group’s high-quality,
evidence-based care is bolstered by significant investments in
research, education, quality-improvement and safety initiatives.
The physician-led company was founded in 1979 as a single
neonatology practice and today provides its highly specialized and
often critical care services through more than 4,800 affiliated
physicians and other clinicians in 37 states and Puerto Rico. To
learn more about Pediatrix, visit www.pediatrix.com or follow us on
Facebook, Instagram, LinkedIn, Twitter and the Pediatrix blog.
Investment information can be found at
www.pediatrix.com/investors.
Certain statements and information in this press release and the
sustainability report referenced herein may be deemed to contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended (the “Securities Act”), and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements may include, but are not limited to,
statements relating to our objectives, plans, initiatives,
projections, goals, commitments, expectations and strategies, and
all statements, other than statements of historical facts, that
address activities, events or developments that we intend, expect,
project, believe or anticipate will or may occur in the future are
forward-looking statements. These statements are often
characterized by terminology such as “believe,” “hope,” “may,”
“anticipate,” “should,” “intend,” “plan,” “will,” “expect,”
“estimate,” “project,” “positioned,” “strategy” and similar
expressions, and are based on assumptions and assessments made by
the Company’s management in light of their experience and their
perception of historical trends, current conditions, expected
future developments and other factors they believe to be
appropriate. Any forward-looking statements in this press release
are made as of the date hereof, and the Company undertakes no duty
to update or revise any such statements, whether as a result of new
information, future events or otherwise. Forward-looking statements
are not guarantees of future performance and are subject to risks
and uncertainties. Important factors that could cause actual
results, developments, and business decisions to differ materially
from forward-looking statements are described in the Company’s most
recent Annual Report on Form 10-K and its Quarterly Reports on Form
10-Q, including the sections entitled “Risk Factors”, as well the
Company’s current reports on Form 8-K, filed with the Securities
and Exchange Commission, and include the impact of the Company’s
name change; the impact of the COVID-19 pandemic on the Company and
its financial condition and results of operations; the effects of
economic conditions on the Company’s business; the effects of the
Affordable Care Act and potential changes thereto or a repeal
thereof; the Company’s relationships with government-sponsored or
funded healthcare programs, including Medicare and Medicaid, and
with managed care organizations and commercial health insurance
payors; the impact of surprise billing legislation and its
implementation; the Company’s ability to comply with the terms of
its debt financing arrangements; the Company’s transition to a
third-party revenue cycle management provider; the impact of the
divestiture of the Company’s anesthesiology and radiology medical
groups; the impact of management transitions; the timing and
contribution of future acquisitions; the effects of share
repurchases; the impacts of ESG programs on the Company’s business;
and the effects of the Company’s transformation initiatives,
including its reorientation on, and growth strategy for, its
pediatrics and obstetrics business.
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version on businesswire.com: https://www.businesswire.com/news/home/20221201005273/en/
Media Contact Jennifer Gutierrez Manager, Corporate
Communications 954.384.0175 ext. 5684
jennifer.gutierrez@pediatrix.com
Investor Relations Contact Charles Lynch Senior Vice
President, Finance and Strategy 954.384.0175 ext. 5692
charles.lynch@pediatrix.com
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