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DaVita 1st Quarter 2009 Results
Date:4/27/2009
ts under the Medicare ESRD Program which result in lower reimbursement for services we provide to Medicare patients,
We undertake no obligation to update or revise any forward-looking statements, whether as a result of changes in underlying factors, new information, future events or otherwise.
This release contains non-GAAP financial measures. For reconciliations of these non-GAAP financial measures to their most comparable measure calculated and presented in accordance with GAAP, see the attached reconciliation schedules.
DAVITA INC.
CONSOLIDATED STATEMENTS OF INCOME
(unaudited)
(dollars in thousands, except per share data)
Three months ended
March 31,
2009 2008
Net operating revenues $1,447,640 $1,344,724
Operating expenses and charges:
Patient care costs 1,005,886 930,209
General and administrative 127,273 120,765
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