7 Followers USX:DVA - DaVita Inc DaVita HealthCare Partners Inc
Sector: Health Care, Industry: Health Care Facilities
Next Earnings: 6 May 2024
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USD 136.85    +1.6 (+1.18%)

27 Mar 2024


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General

CEO: Mr. Javier J. Rodriguez

IPO: 1995-10-31

Headquarters: US

Employees: 70,000

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Description

DaVita is the largest provider of dialysis services in the United States, boasting market share that eclipses 35% when measured by both patients and clinics. The firm operates over 3,000 facilities worldwide, mostly in the U.S., and treats over 240,000 patients globally each year. Government payers dominate U.S. dialysis reimbursement. DaVita receives about two thirds of U.S. sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. However, while commercial insurers represented only about 10% of the U.S. patients treated, they represent nearly all of the profits generated by DaVita in the U.S. dialysis business.

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