Diligence memo · auto-generated · as of July 2, 2026
Mednax, Inc.
Mednax, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mednax, Inc. operates in Hospitals and Physicians, based in Sunrise.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mednax, Inc. has raised $11M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.8M on 2015-09-18.
Most recent recorded round closed around 2017-10-17.
Valuation (modeled)modeled
Provath models Mednax, Inc. at approximately $40M (range $2.9M–$219M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.43× the median modeled value of Series A Hospitals and Physicians companies in 2016–2018 (17 peers) — value vs value, same stage and era. Issuer reports $100M+ revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 8.7 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 81% of Hospitals and Physicians peers (599 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: PocketDerm, Inc., Caribbean Healthcare Partners, Ltd., Island Medical Management Holdings, LLC, Innovation Park Mob I Investors, Llc, Flathead Physicians Group Llc.
Peoplefiled
18 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.