DaVita to Pay $4.42 Billion for HealthCare Partners
///MM
Billion-Dollar DaVita Deal Highlights Movement Toward Mergers, ACOs
Topics: Delivery of Care, Marketplace, Topics, Health Reform
May 22, 2012
This particular deal, in which DaVita will acquire HealthCare Partners, will enable the dialysis services provider to offer a more integrated group of services that fall under the ACO model that the government is trying to encourage.
Los Angeles Times: HealthCare Partners to Be Bought By DaVita In $4.42 Billion Deal
HealthCare Partners, the Torrance owner of physician groups in Southern California, Nevada and Florida, agreed to be acquired in a $4.42-billion deal by dialysis chain DaVita Inc., as large healthcare companies continue snapping up doctor groups and clinics. … Nationally, much of the merger activity stems from Medicare, which is moving away from fee-for-service payments that encourage volume rather than quality care or efficiency. Instead, Medicare is adopting new payment methods that reward medical providers that keep patients healthy and curb excessive spending. If those so-called accountable-care organizations succeed at managing their pool of patients, Medicare allows them to share in the savings and boost their profits (5/22).
Read Additional Info
http://www.kaiserhealthnews.org/Daily-Reports/2012/May/22/davita-deal.aspx
If KT wanted to encourage savings, he would push Nocturnal, in getting more private insurance clients.