DaVita plans to ac­quire DSI Re­nal for $690 mil­lion

Modern Healthcare - - Late News -

Re­nal-care provider DaVita has an­nounced plans to ac­quire Nashville­based DSI Re­nal for $690 mil­lion. The two par­ties have en­tered into a de­fin­i­tive agree­ment, ac­cord­ing to a DaVita news re­lease, and the trans­ac­tion is ex­pected to close in the sec­ond or third quar­ter of 2011. DSI Re­nal op­er­ates 108 dial­y­sis cen­ters across the coun­try and has an­nual rev­enue of roughly $360 mil­lion. “This ac­qui­si­tion in­tro­duces us to sev­eral new ge­ogra­phies and makes us a more­ef­fec­tive com­peti­tor in se­lected ar­eas,” Kent Thiry, chair­man and CEO of DaVita, said in the re­lease. “Through this ac­qui­si­tion, we will be able to bring the broader line of DaVita chronic kid­ney­dis­ease ser­vices to DSI pa­tients.” The com­pa­nies said terms of the deal may change slightly based on ad­just­ments.

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