earnings
confidence high
sentiment negative
materiality 0.85
Pediatrix Q4 GAAP EPS $0.29, adjusted $0.47; revenue $514M; 2023 EBITDA guidance $235-245M
Pediatrix Medical Group, Inc.
2022-FY EPS reported
$0.79
revenue$1,972,021,000
- Net revenue $513.8M (+3.1% YoY); same-unit patient volume +4.1%; commercial payor mix improved 20 bps.
- GAAP diluted EPS $0.29 vs $0.47; Adjusted EPS $0.47 vs $0.52; CARES Act benefit declined materially.
- Adjusted EBITDA $66.5M vs $81.0M; full year 2022 Adjusted EBITDA $241.0M, GAAP EPS $0.74.
- 2023 preliminary Adjusted EBITDA guidance $235-245M, assuming no additional CARES Act funds.
- Revenue cycle management vendor underperformance partly offset by vendor support; overhead costs reduced.