Mednax to acquire radiology firm vRad for $500M

Mednax will buy radiology and telemedicine firm vRad for $500 million, the companies announced Tuesday. The Sunrise-based medical network (NYSE: MD) expects to close the deal in the second quarter. Mednax will take on vRad’s executive team, keeping the company’s headquarters and operations center in Eden Prairie, Minnesota. Mednax CEO Roger Medel said the acquisition would expand the services that the network can offer to its hospital partners. "We believe vRad is an excellent platform for…