MARKET COMPOSITE
DVA - DaVita Inc8:00:02 PM 4/24/2024
Price
$132.74
-1.17 (-0.87%)
DaVita Inc. provides kidney dialysis services through a network of 2,753 outpatient dialysis centers in the United States, serving 206,900 patients, and 259 outpatient dialysis centers in 10 other countries serving 28,700 patients. The company primarily treats end-stage renal disease , which requires patients to undergo dialysis 3 times per week for the rest of their lives unless they receive a donor kidney. The company has a 37% market share in the U.S. dialysis market. It is organized in Delaware and based in Denver. In 2019, 69% of the company's revenues came from Medicare and other government-based health insurance programs. In 2019, 90% of the company's patients were covered by government-based health insurance programs. Commercial payers, which accounted for 31% of revenues in 2019, generate all of the company's profit as they reimburse at a much higher rate than government-based health insurance programs.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue3.1B+1%
Operating Income389.9MM-21%
Operating Expenses2.8B-
Net Income150.7MM-39%
G&A401.5MM+7%
Amortization195.3MM+4%
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