Pediatrix enters 8-year revenue cycle management agreement with Guidehouse

Pediatrix Medical Group, Inc.

PMG Services (Pediatrix subsidiary) signs Master Services Agreement with Guidehouse for enterprise revenue cycle management.
Initial term of 8 years with successive 2-year extensions; PMG can terminate without cause during extension with 180 days' notice.
Fees include monthly amount per Guidehouse employee, base advisory fees, and performance-based advisory fees tied to metrics.
Agreement includes customary representations, warranties, indemnities, and termination rights for breach, insolvency, or regulatory changes.
Statement of work #1 provides one-year term for specific services with performance metrics driving advisory fees.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Pediatrix Medical Group, Inc. entered into Master Services Agreement with Guidehouse Managed Services LLC valued at enterprise revenue cycle management services; eight-year initial term; successive two-year extension (effective 2024-04-19).

Action: entry
Counterparty: Guidehouse Managed Services LLC
Value: enterprise revenue cycle management services; eight-year initial term; successive two-year extension
Effective: 2024-04-19

Exact text from the filing

On April 19, 2024, Pediatrix Medical Group, Inc., a Florida corporation (the “Company”), through PMG Services, Inc., a Florida corporation and wholly-owned subsidiary of the Company (“PMG Services”), entered into a Master Services Agreement (the “Agreement”) with Guidehouse Managed Services LLC (“Guidehouse”), a Delaware limited liability company, pursuant to which Guidehouse will provide certain enterprise revenue cycle management services for the Company.

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Source: SEC EDGAR

accession 0000950170-24-048387

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