DaVita (DVA) Misses Q1 EPS by 3c

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DaVita (DVA) Divests 7 Dialysis Facilities in NJ & TX to Physicians Dialysis

May 4, 2017 10:13 AM EDT

Physicians Dialysis today announced that it has closed on the acquisition of seven dialysis facilities located in New Jersey and Texas from DaVita Inc. (NYSE: DVA). Based in Miami, Florida, Physicians Dialysis has been operating, developing and acquiring clinic and home-based dialysis programs for nearly thirty years. It now has fifteen locations across eight states.

This acquisition is operationally and geographically in keeping with our strategic growth plan and furthers our mission of providing world-class and innovative dialysis care, said Dr. Allan Jacob, Chairman and Founder of Physicians Dialysis. We welcome our new patients, physician... More