The Wall Street Journal
(5/22, B3, Mathews, Athavaley, Subscription Publication) reports on
DaVita Inc.'s $4.42 billion purchase of HealthCare Partners LLC, which
employs about 700 physicians directly and has over 8,000 affiliated
physicians. The purchase is seen as DaVita's bet that US healthcare is
moving towards large systems that take responsibility for patients'
total healthcare needs in exchange for fixed per patient fees.
The AP
(5/22) reports, "DaVita operates or provides administrative services
at 1,841 dialysis facilities in the United States and also runs 15
outpatient dialysis centers in three other countries."
The New York Times
(5/22, Scott, Subscription Publication) "DealBook" blog reports,
"DaVita said its purchase of HealthCare Partners, which is expected to
close by the end of the year, would allow DaVita to expand its business
in California, Nevada and Florida, where HealthCare Partners has large
operations."
The Denver Post
(5/22, Pankratz, Booth) reports that DaVita, which is based in Denver,
is part of the company's effort to be allowed to oversee all healthcare
for its patients instead of just dialysis. The story points out that
the company already has a clinic in the state of Washington where it
manages all the healthcare of its patients.
The Los Angeles Times
(5/22, Terhune) reports, "The deal represents the latest sign of
insurers, hospitals and other large healthcare companies buying up
physician practices in order to better position themselves for changes
in how the federal government is reimbursing for medical care."
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