DAVITA INC. Overview
Company Headquarters: Denver, Colorado, US
Founded: 1994
Workforce: ~77,000
Company Working: DaVita Inc. (DaVita) consists of two major divisions, the US dialysis & related lab services and ancillary services & strategic initiatives. The US dialysis and related lab services business is a provider of kidney dialysis services in the US for patients suffering from chronic kidney failure, also known as end-stage renal disease (ESRD). The company conducts clinical trials for drug and device development customers as well as DaVita’s strategic need to innovate clinical care for patients with ESRD. On June 19, 2019, it completed the sale of the DaVita Medical Group (DMG) business, a patient and physician-focused integrated healthcare delivery and management company, to Collaborative Care Holdings, LLC (Optum), a subsidiary of UnitedHealth Group Inc. It operates or provides administrative services to a total of 259 outpatient dialysis centers, which includes consolidated and nonconsolidated centers located in ten countries outside the US, serving approximately 28,700 patients.
Strategy
Acquisitions, developing new outpatient dialysis centers, patient retention, entry into joint ventures, and physician relationships are critical components of DaVita Inc.’s growth strategy. It garners profits through rebates from insurance companies, federal Medicare, and state Medicaid policies. The expansion of the international business to meet the demands of the end stage renal disease and associated clinical trials are some key strategies employed by the company.
