Is The Recession Resulting In Fewer Babies
Pediatrix owns group practices of neonatal specialists and employs 1,070 physicians and 400 nurse practitioners in 32 states and Puerto Rico. Its teams staff some 257 neonatal intensive care units, about one-sixth of the nation’s total. Pediatrix has a market capitalization of $2.5 billion. (Here’s the company’s history and its 2007 annual report.) The company says that about 12 percent of births require NICU admissions. By my back-of-the-envelope calculations, Pediatrix winds up caring for about 2 percent of the babies born in the United States each year....