May 20, 2018 12:13 PM ET

Healthcare Providers and Services

Company Overview of DaVita Inc.

Company Overview

DaVita Inc. provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers. In addition, the company operates DaVita Rx, a pharmacy that provides oral medications and medication management services to patients with ESRD; disea...

2000 16th Street

Denver, CO 80202

United States

Founded in 1994

74,500 Employees

Phone:

303-405-2100

Key Executives for DaVita Inc.

Group Vice President of Purchasing & Public Affairs
Age: 58
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2016.

DaVita Inc. Key Developments

DaVita Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Reaffirms Earnings Guidance for the Year 2018

DaVita Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, total net revenues were $2,849,444,000 against $2,631,251,000 a year ago. Operating income was $410,686,000 against $875,928,000 a year ago. Income from continuing operation before income taxes was $301,752,000 against $775,517,000 a year ago. Net income from continuing operations was $231,015,000 against $493,852,000 a year ago. Net income attributable to DaVita Inc. was $178,686,000 against $447,697,000 a year ago. Diluted net income from continuing operations per share attributable to DaVita Inc. was $1.05 against $2.26 a year ago. Diluted net income per share attributable to DaVita Inc. was $0.98 against $2.29 a year ago. Net cash provided by operating activities was $362,539,000 against $865,171,000 a year ago. Additions of property and equipment were $232,443,000 against $214,535,000 a year ago. Adjusted net income from continuing operations attributable to DaVita Inc. excluding certain items was $191 million against $147 million a year ago. Adjusted diluted net income from continuing operations per share attributable to DaVita Inc. was $1.05 against $0.75 a year ago. Adjusted income from continuing operations before income taxes attributable to DaVita Inc. was $261,664,000 against $243,243,000 a year ago. Free cash flow from continuing operations was $61,556,000 against $656,968,000 a year ago. The company still expects its Kidney Care consolidated operating income for 2018 to be in the range of $1.5 billion to $1.6 billion. The company still expects its operating cash flow from continuing operations for 2018 to be in the range of $1.4 billion to $1.6 billion. The company still expects its 2018 effective tax rate attributable to DaVita Inc. to be approximately 26.5% to 27.5%.

DaVita Inc. to Report Q1, 2018 Results on May 03, 2018

DaVita Inc. announced that they will report Q1, 2018 results at 5:00 PM, US Eastern Standard Time on May 03, 2018

DaVita Inc., Q1 2018 Earnings Call, May 03, 2018

DaVita Inc., Q1 2018 Earnings Call, May 03, 2018

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 3, 2018
One Dialysis Center in Unites States
Private Placement
January 11, 2018
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Merger/Acquisition
December 6, 2017
DaVita Medical Holdings, LLC
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