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PM Pediatric Care says it acquired 10 pediatric urgent care centers from Pediatrix Medical Group, including one in Jacksonville.
The Night Lite Pediatrics at 1140 Beach Blvd. Will be renamed PM Pediatric Urgent Care, the company said in a July 22 news release.
It is the third owner in two years for Night Lite. Pediatrix acquired it in 2022.
Lake Success, New York-based PM Pediatric Care said the July 1 acquisition will expand its network to nearly 90 offices across 15 states.
"This partnership will bring together two like-minded organizations, combining our strengths to better serve our patients and communities," PM Pediatric Care CEO Kevin Trexler said in a news release. "Night Lite has a long-standing reputation for excellence and a deep-rooted commitment to patient-centered care, like our own. Together, we'll benefit from shared knowledge, expanded resources, and a broader network of care facilities."
PM Pediatric Care calls itself the nation's largest provider of specialized pediatric urgent care, with its clinics open 365 days a year.
PM Pediatric Care offices are staffed by board-certified pediatric emergency physicians and pediatricians. It offers imaging, lab testing on-site, wound suturing, concussion care, IV treatment for dehydration, oxygen and nebulizer treatment and other services.
In 2023, privately-held PM Pediatric Care said it received $50 million in funding from Scopia Capital, including Jefferson River Capital. It said the money would be used to accelerate expansion of the company's urgent care network and expand its offerings.
"PM Pediatric Care continues to be poised for significant growth. We're proud to support the Company as it works to change how pediatric medicine is delivered in our country, making access to specialized physical and mental health care convenient and affordable," said Matthew Sirovich, managing partner of Scopia Capital.
PM Pediatric Care was founded in 2005 by Dr. Jeffrey Schor and Steven Katz.
Psychology & Psychiatry
At a time when mental health problems are skyrocketing, a new study provides one of the most comprehensive state-by-state accountings to date of firearm suicides in children and youth. The findings, published in JAMA Pediatrics, ...
John Yang:
The number of pediatric residents has been on a steady decline for the past 10 years or so. But this year's drop was much steeper. Dr. Sallie Permar is head of the Pediatrics Department at Weill Cornell Medicine, and the pediatrician in chief at New York Presbyterian Children's Hospital.
Doctor, why this decline in pediatric residents, why are they doctors reluctant to go into that field?
Dr. Sallie Permar, Head of Pediatrics, Weill Cornell Medicine: This is a really important issue that's facing a lot of American families and their children is access to a pediatrician is becoming harder. And in fact, pediatricians have to think about when they come out of medical school with significant debt is how they're going to think about the economics of both paying off that debt while setting up their practice.
And it's been well established that pediatricians are paid at a lower level than that of adult doctors despite the same number of years of training and debt after medical school. And so that's really facing them when they make their decision.
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