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Getting Results – A complex health care transaction

JMBM served as legal counsel for the sale of a neonatal physician group based in Lancaster, California, to Pediatrix Medical Group, Inc. (NYSE: PDX), a leading provider of neonatal, fetal and pediatric subspecialty physician services. Our client joined the 860 doctors and 350 nurse practitioners in 32 states that work with Pediatrix. The sale involved an unusual tax issue concerning how much goodwill belongs to the professional corporation versus its sole physician shareholder.