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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,
  • changes in pharmaceutical or anemia management practice patterns, payment policies, or pharmaceutical pricing,
  • our ability to maintain contracts with physician medical directors,
  • legal compliance risks, including our continued compliance with complex government regulations and compliance with the corporate integrity agreement applicable to the dialysis centers acquired from Gambro Healthcare and assumed in connection with such acquisition, and
  • the resolution of ongoing investigations by various federal and state governmental agencies.

  • 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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    SOURCE DaVita Inc.
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