Navigation Links
DaVita Acquires Majority Stake in HomeChoice Partners, Inc.
Date:9/10/2007

EL SEGUNDO, Calif., Sept. 10 /PRNewswire-FirstCall/ -- DaVita Inc. (NYSE: DVA) announced today that it has acquired 85% of the outstanding stock of HomeChoice Partners, Inc. for approximately $65 million in cash. HomeChoice, based in Norfolk, Virginia, provides a broad range of infusion therapy services to patients with acute or chronic conditions that can be treated at home or at an ambulatory infusion suite. HomeChoice has reported approximately $37 million in trailing twelve month revenue and currently serves over 2000 patients in Virginia, North Carolina, South Carolina and Georgia. The acquisition is expected to be EPS neutral in the first year.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020729/DAVITALOGO)

The remaining 15% ownership interest will be retained by current HomeChoice senior management. This minority interest is subject to annual put and call options beginning 4 years from the date of closing.

"HomeChoice is a high quality company in a large and fragmented healthcare segment. It has an experienced management team that will fit well with DaVita's culture and our focus on outstanding clinical outcomes. We have modest initial growth plans, but as we learn the business we will evaluate the possibility for further investment in infusion services," said Kent Thiry, CEO of DaVita.

"HomeChoice is proud and excited to be part of a national healthcare company where the primary focus is to be the leader in patient outcomes. DaVita and HomeChoice are totally aligned in our goal to maintain that clinical leadership," said Mary Ann Cope, founder and President of HomeChoice.

This release contains forwa
'/>"/>

SOURCE DaVita Inc.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Ossur Acquires the U.S. Orthopaedics Company
2. Stem of Hope: Stem Cell Research Acquires a Brittle Star As A model
3. Pfizer Acquires Worldwide Rights For New Overactive Bladder Drug
4. Premier Army Hospital Acquires PET-CT Scanner
5. Wockhardt acquires Protinex, Farex brands from Netherland Co
6. Indoco Remedies Acquires La Nova Chem
7. Ranbaxy Acquires Glaxosmithklines Generic Unit in Spain
8. AIIMS Acquires Four-Armed Robot to Assist in Surgeries
9. Apollos Global Arm Acquires US-based Firm
10. ‘Obesity’ Acquires Permanent Resident Status in the US
11. Indias Wockhardt Acquires Irish Firm
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... JZ Fitness, an independently operated wellness brand ... authorship, international lecturing and community wellness, created by Jenn ... of the JZ Fitness nutrition app, available on iTunes. ... of individuals on nutrition, Jenn Zerling (“JZ”) has developed ... calorie counting or cumbersome food logging. , ...
(Date:10/20/2014)... PA (PRWEB) October 20, 2014 ... Matthew Voicheck as Assistant Director of their ... role in managing the innovative turnkey drug sourcing, ... , Matthew brings over 12 years of industry ... joins Myoderm at the peak of their international ...
(Date:10/20/2014)... National Teen Driver Safety Week is October 19-25, 2014 and ... AAP, http://www.ohioaap.org ) is joining the National Highway Traffic ... talk to their teens and always set the rules before ... leading cause of death for U.S. teens. In 2012, there ... (42%) of those teen drivers were killed in crashes. While ...
(Date:10/20/2014)... Punzoné , the first line of ... a lot to celebrate this month. October marks Italian Heritage ... and contributions of Americans of Italian heritage and Italians in ... it shares its favorite Italian cocktails and encourages everyone to ... even if it is only in a glass. , ...
(Date:10/19/2014)... The leading review website, Top10BestSEOHosting.com, has recently ... are the best Dedicated Server Hosting suppliers. Their ... to buy high quality hosting and save money ... of Top10BestSEOHosting.com says, “We believe that iPage and ... A lot of the global clients enjoy using ...
Breaking Medicine News(10 mins):Health News:JZ Fitness Nutrition App Launches on iTunes 2Health News:JZ Fitness Nutrition App Launches on iTunes 3Health News:Myoderm Hires Matthew Voicheck to Lead Turnkey Drug Sourcing Service 2Health News:Ohio AAP Promotes National Teen Driver Safety Week 2Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 2Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 3Health News:Celebrate Italian Heritage Month With Authentic Cocktails from Punzoné: The Only Ultra Premium Line of Organic Imported Italian Vodka 4Health News:Top10BestSEOHosting.com Considers iPage And GreenGeeks As The Best Dedicated Server Hosting Suppliers 2
... -- Management expects to report revenues of approximately, ... the Fiscal Year which ends June 30, 2009. ... $12.4 million and, $1.8 million, respectively., ... $10.5 million in net income, representing approximately 40%, ...
... LAIYANG, China, June 18 /PRNewswire-Asia-FirstCall/ ... (the "Company","Jiangbo"), a U.S. pharmaceutical company with its ... announced that it will attend the China New,Drugs ... at Tianjin Binhai International,Convention & Exhibition Center, and ...
... The Ensign Group, Inc. (Nasdaq: ENSG ), ... rehabilitative care services and assisted living companies, announced today that ... of $0.045 per share of Ensign common stock, payable on ... of June 30, 2009. Ensign has been a dividend-paying company ...
... ... NJ on September 24th and September 25th, 2009, will be bringing together leaders in ... clinical development, regulatory issues and real-world pain management in the clinic. , ... Minneapolis, MN (PRWEB) -- ...
... A U.S. Congressional letter to Secretary of State Clinton regarding the ... 31 Members of Congress, as more cosigned the letter prior to ... directly urge the Prime Minister of Thailand and senior Thai military ... Nam Khao ... there are currently about 5,000 Hmong refugees... who ...
... Health Emphasized , , CHICAGO, June 17 The ... in support of practices and policies within health care systems ... system. The resolution also calls on the AMA to work ... health care community and the public about the importance of ...
Cached Medicine News:Health News:Tianyin Pharmaceutical Co., Inc. Provides Fiscal 2010 Guidance 2Health News:Tianyin Pharmaceutical Co., Inc. Provides Fiscal 2010 Guidance 3Health News:Tianyin Pharmaceutical Co., Inc. Provides Fiscal 2010 Guidance 4Health News:Tianyin Pharmaceutical Co., Inc. Provides Fiscal 2010 Guidance 5Health News:Jiangbo Pharmaceuticals to Attend the 44th China New Drugs Trade Fair in Tianjin 2Health News:Jiangbo Pharmaceuticals to Attend the 44th China New Drugs Trade Fair in Tianjin 3Health News:Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead's 3rd Annual Pain Therapeutics Summit 2Health News:Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead's 3rd Annual Pain Therapeutics Summit 3Health News:Leaders from the Field of Pain Therapeutics to Discuss Latest Discoveries and Breakthroughs at Arrowhead's 3rd Annual Pain Therapeutics Summit 4Health News:Congress Appeals to Obama Administration, Thailand: Stop Hmong Returns to Laos 2Health News:American Medical Association Passes Resolution Supporting Sustainable Food System 2Health News:American Medical Association Passes Resolution Supporting Sustainable Food System 3
(Date:10/20/2014)... DIEGO , Oct. 20, 2014  ResMed ... availability of the ResMed Data Exchange program, a ... home medical equipment (HME) and other health care ... timely, secure access to critical patient information. It ... ResMed,s AirView™ and U-Sleep™ patient management platforms with ...
(Date:10/20/2014)... Oct. 20, 2014   BioNano Genomics announced today ... ability to collect human data at 30X depth, sufficient for ... This new capability was established and demonstrated for the IrysChip ... TM System and will be rolled out to ... will be showcasing this advancement at the American Society ...
(Date:10/20/2014)... , Oct. 20, 2014   Taiho Oncology, ... Ltd. ( Japan ), announced that ... Fast Track designation for TAS-102 (nonproprietary names: trifluridine ... under investigation for the treatment of refractory metastatic ... initiated a rolling NDA submission to the FDA. ...
Breaking Medicine Technology:ResMed Launches ResMed Data Exchange 2BioNano Genomics Announces One Human : One Chip : One Day 2BioNano Genomics Announces One Human : One Chip : One Day 3Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 2Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 3Taiho Oncology, Inc. Receives FDA Fast Track Designation for TAS-102 as a Potential Treatment for Refractory Metastatic Colorectal Cancer 4
... Jan. 8 Oxygen Biotherapeutics, Inc. (OTC Bulletin Board: OXBT) ... listing on the NASDAQ Capital Market. , "Moving up from ... important milestone for our company," said company chairman and CEO ... with greater visibility for our company, more liquidity for our ...
... , , , St. ... Tournament , BOCA RATON, Fla., Jan. 8 St. Andrews ... player Morgan Pressel this week to raise $405,000 through the 3rd annual ... early detection and treatment. In their third year of hosting the event, ...
Cached Medicine Technology:Oxygen Biotherapeutics, Inc. Announces Approval for NASDAQ Listing 2St. Andrews Country Club of Boca Raton Members Team Up With Morgan Pressel to Raise $405,000 to Fight Breast Cancer 2St. Andrews Country Club of Boca Raton Members Team Up With Morgan Pressel to Raise $405,000 to Fight Breast Cancer 3St. Andrews Country Club of Boca Raton Members Team Up With Morgan Pressel to Raise $405,000 to Fight Breast Cancer 4
... maintaining the ankle in functional alignment. Entire ... cushioning AliPlast™ foam liner. The cushioning air ... heel in a protective hammock, reducing ulceration ... bed from side-lying to supine. Only the ...
... 1978, the Aircast Air-Stirrup Ankle Brace has ... functional management of ankle injuries and has ... for its superior performance in helping to ... anatomically designed shells lined with the patented ...
... As a prophylaxis for deep vein ... effective combination of graduated sequential compression and ... thrombus formation by increasing venous ejection while ... VenaFlow System includes a pump with tube ...
... with the Aircast VenaFlow System (a prophylaxis ... three different styles: calf, foot, and thigh, ... is made from light, cool, comfortable material ... cuff may be placed directly against the ...
Medicine Products: