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DaVita Inc (DVA.N)

DVA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

DaVita Medical Says HealthCare Partners Acquired Coastal Physicians Medical Group
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - DaVita Inc ::DAVITA MEDICAL GROUP - HEALTHCARE PARTNERS ACQUIRED COASTAL PHYSICIANS MEDICAL GROUP.  Full Article

DaVita - Entered Into Amendment To Equity Purchase Agreement Dated Dec 5, 2017
Monday, 17 Dec 2018 

Dec 17 (Reuters) - DaVita Inc ::DAVITA - ENTERED INTO AMENDMENT TO EQUITY PURCHASE AGREEMENT, DATED DEC 5, 2017, BY AND AMONG CO, COLLABORATIVE CARE HOLDINGS, UNIT OF OPTUM, UNITEDHEALTH.DAVITA - AMENDMENT PROVIDES PURCHASE PRICE TO BE PAID TO CO RELATED TO PROPOSED TRANSACTION REDUCED FROM $4.90 BILLION TO $4.34 BILLION.DAVITA - DUE TO AMENDMENT, CO EXPECTS TO RECORD CHARGE IN Q4 OF ABOUT $200 MILLION TO $250 MILLION.DAVITA - WILL CONTINUE TO ASSESS CARRYING VALUE OF ITS HELD FOR SALE ASSETS UNTIL PROPOSED TRANSACTION CLOSES..  Full Article

DMHC Approves Optum's Acquisition Of DaVita
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - California Department of Managed Health Care::DMHC APPROVES OPTUM’S ACQUISITION OF DAVITA.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE SAYS AS PER DMHC APPROVAL, OPTUM & DAVITA AGREE TO NOT INCREASE PREMIUMS AS A RESULT OF ACQUISITION COSTS.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE SAYS AS PER DMHC APPROVAL, OPTUM & DAVITA AGREE TO KEEP PREMIUM RATE INCREASES TO A MINIMUM.CALIFORNIA DEPARTMENT OF MANAGED HEALTH CARE ON APPROVAL OF OPTUM’S ACQUISITION OF DAVITA -PLANS AGREE TO INVEST AT LEAST $58 MILLION IN CALIFORNIA.  Full Article

Davita Inc Q2 EPS $1.15 From Continuing Operations
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - DaVita Inc ::. 2ND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.05 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $1.15 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $0.97 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUES $2.9 BILLION VERSUS $2.7 BILLION YEAR AGO.DAVITA-TOTAL U.S. DIALYSIS TREATMENTS FOR Q2 OF 2018 WERE 7.3 MILLION OR 93,995 TREATMENTS PER DAY, REPRESENTING A PER DAY INCREASE OF 4.2% OVER Q2 OF 2017.EXPECT OPERATING CASH FLOW FROM CONTINUING OPERATIONS FOR 2018 TO BE IN THE RANGE OF $1.4 BILLION TO $1.6 BILLION.Q2 REVENUE VIEW $2.88 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Davita Issues Response To Legal Ruling
Thursday, 28 Jun 2018 

June 28 (Reuters) - DaVita Inc ::DAVITA RESPONSE TO LEGAL RULING.STATEMENT ON JURY VERDICT ISSUED IN MENCHACA V. DAVITA INC, SALDANA V. DAVITA INC. AND HARDIN V. DAVITA INC. MATTERS, CASE NO. 1:15-CV-02106-RBJ."STRONGLY DISAGREE WITH THIS JURY'S VERDICT AND WILL VIGOROUSLY PURSUE ALL APPEAL RIGHTS".  Full Article

Berkshire Hathaway Inc Reports 22.1 Percent Stake In Davita Inc As Of May 3, 2018
Saturday, 12 May 2018 

May 11 (Reuters) - Berkshire Hathaway Inc ::BERKSHIRE HATHAWAY INC REPORTS 22.1 PERCENT STAKE IN DAVITA INC AS OF MAY 3, 2018 - SEC FILING.BERKSHIRE HATHAWAY INC PREVIOUSLY REPORTED 20.2 PERCENT STAKE IN DAVITA INC AS OF AUGUST 1, 2017.  Full Article

UnitedHealth's Optum To Buy Davita Medical Group For About $4.9 Bln In Cash
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - UnitedHealth Group Inc ::DAVITA MEDICAL GROUP TO JOIN OPTUM.OPTUM - ‍AGREEMENT, ENTERED INTO ON DECEMBER 5, 2017, CALLS FOR OPTUM TO ACQUIRE DAVITA MEDICAL GROUP FOR APPROXIMATELY $4.9 BILLION IN CASH​.OPTUM - FOLLOWING TRANSACTION, DAVITA MEDICAL GROUP WILL BECOME PART OF OPTUM'S OPTUMCARE DIVISION.OPTUM - ‍DAVITA PLANS TO USE PROCEEDS FROM DEAL FOR SIGNIFICANT STOCK REPURCHASES OVER 1 TO 2 YRS AFTER CLOSE OF DEAL, AS WELL AS TO REPAY DEBT​, OTHERS.OPTUM - ‍JOE MELLO, COO OF DAVITA MEDICAL GROUP, WILL CONTINUE IN LEADERSHIP ROLE IN COMBINED ENTITY, AS WILL DAVITA MEDICAL GROUP LEADERSHIP TEAM​.  Full Article

DaVita Medical Group Acquires Large IPA Network In The Pacific Northwest
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - DaVita Inc ::DAVITA MEDICAL GROUP ACQUIRES LARGE IPA NETWORK IN THE PACIFIC NORTHWEST.DAVITA MEDICAL GROUP - ANNOUNCED ACQUISITION OF NORTHWEST PHYSICIANS NETWORK.  Full Article

Davita says recognizes that DMG business is not achieving capital return expectations - conf call ‍​
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - DaVita Inc ::DaVita CFO, on conf call, says we recognize that the DaVita Medical Group business is not achieving our capital return expectations ‍​.  Full Article

DaVita Inc. 3rd quarter 2017 results
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Davita Inc :DaVita Inc. 3rd quarter 2017 results.Q3 loss per share $1.14.Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.81.DaVita Inc - ‍adjusted consolidated operating income guidance for 2017 to be in range of $1.62 billion to $1.69 billion​.DaVita -‍total U.S. Dialysis treatments for Q3 2017 were 7.2 million or 90,966 treatments per day, representing a per day increase of 4.3% over Q3 2016​.DaVita Inc qtrly total net revenues $3.92 billion versus $3.73 billion.Q3 revenue view $3.90 billion -- Thomson Reuters I/B/E/S.  Full Article

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DaVita unit to pay $270 million to resolve Medicare payments probe

A medical care unit of DaVita Inc has agreed to pay $270 million to resolve claims it provided inaccurate information about patients that caused Medicare Advantage plans operated by private insurers to obtain inflated payments from the government.