Pediatrix Medical Group, Inc. (MD) Q3 2025 10-Q Quarterly Report

Filed: Nov 3, 2025Period ending Sep 30, 2025
Health Care
Services-HospitalsSEC EDGAR

Pediatrix Medical Group, Inc. (MD) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 3, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Pediatrix Medical Group, Inc. Q3 2025 10-Q Analysis

Risk Factors

  • Newly added risk: Medicaid Reform via One Big Beautiful Bill Act on July 4, 2025, imposing work requirements and increased patient cost-sharing, uncertain reimbursement impact
  • Most materially updated risk: Exit of office-based pediatric practices finalized by Dec 31, 2024, shifting focus to hospital-based and maternal-fetal medicine to reduce operational complexity and costs
  • Regulatory risk: No Surprises Act enforcement risks including potential CMS investigations and federal/state penalties for surprise billing non-compliance affecting revenue recovery from out-of-network services
  • Market risk: Patient service revenue declined 3.6% QoQ due to practice dispositions despite 8.0% same-unit revenue growth, signaling near-term pressure from portfolio changes
  • Financial risk: Cash and equivalents increased to $340.1 million as of Sept 30, 2025, with working capital up by $119.2 million from Dec 31, 2024 driven by improved revenue and faster accounts receivable collections (DSO down to 43.1 days)

Pediatrix Medical Group, Inc. Q3 2025 Quarterly Financials
XBRL

Revenue

$493M

-3.6% YoY +5.1% QoQ

Net Income

$72M

+268.8% YoY +82.6% QoQ

Operating Margin

13.8%

+719bp YoY +104bp QoQ

Net Margin

14.5%

+1075bp YoY +618bp QoQ

ROE

8.1%

Total Assets

$2.2B

EPS (Diluted)

$0.84

+265.2% YoY +82.6% QoQ

Operating Cash Flow

$137M

+49.5% YoY +0.1% QoQ

Source: XBRL data from Pediatrix Medical Group, Inc. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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