Renal Advantage Inc. (RAI) – the third largest for profit provider of dialysis services in the U.S. – is advancing a robust growth strategy amidst a sluggish economy, opening four new centers in the first quarter of 2010.
Nashville, Tenn. (PRWEB) May 6, 2010 -- Renal Advantage Inc. (RAI) – the third largest for profit provider of dialysis services in the U.S. – is advancing a robust growth strategy amidst a sluggish economy, opening four new centers in the first quarter of 2010. RAI has opened six new centers in five states since last November.
In addition to the newly developed centers, RAI acquired seven centers during the first quarter, including a joint venture with The University of Kansas Hospital.
This strong growth underscores the company’s strategic vision of expanding its presence in key markets nationwide.
“RAI is growing rapidly in a tight economy and in the midst of a recession,” said Michael Klein, chief executive officer of RAI. “We have already opened four dialysis centers this year, and our company goal is to reach a point where we are opening a new center every month – 12 a year. This type of growth will allow us to achieve our long–term growth strategy for the next five years and, coupled with selective acquisitions, will position RAI well from a competitive standpoint within our industry.”
RAI has opened centers in California, Florida, Nebraska, Tennessee and the Washington, D.C. suburbs. These six centers feature 129 stations for in-center dialysis and 13 home dialysis training rooms to prepare patients for treatment in their homes, another long-term strategic growth initiative of RAI. Each center offers exceptional quality care and many of the conveniences of home – big screen TVs in the waiting area, individual TVs for each patient station and Wi-Fi internet for laptop connectivity. Here are more details on the locations:
About Renal Advantage Inc.
Based in Brentwood, Tennessee, RA Group Holdings, Inc., through its wholly owned entity, Renal Advantage Inc., provides dialysis services to patients with chronic kidney failure, also known as end-stage renal disease (ESRD). With the completion of the acquisition of National Renal Alliance, RA Group Holdings, through its operating companies, provides services to approximately 12,000 patients in 149 dialysis centers in 19 states. RAI also delivers laboratory services through RenaLab, a state-of-the-art independent clinical laboratory located in Jackson, Miss. Founded by veteran healthcare executives, RAI’s growth plan began with its acquisition of 73 dialysis centers in October 2005, which was financed in partnership with Welsh, Carson, Anderson & Stowe. For more information, visit RAI’s website at www.renaladvantage.com.
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