DaVita to Buy California Physician Network for $4.4B

Denver-based DaVita, which provides services to patients with chronic kidney disease, has agreed to acquire Torrance, Calif.-based HealthCare Partners for $4.42 billion.

HealthCare Partners operates medical groups and physician networks in Southern California, southern Nevada and central Florida. It provides medical care to 667,000 patients.

DaVita will pay HealthCare Partners' owners as much as $275 million in bonus pay if HealthCare Partners meets performance targets in 2012 and 2013.

More Articles Related to Physician Practice Transactions:

Navigating Physician Practice Acquisitions, Post-Transaction Compensation
5 Fundamentals for a Physician Practice Valuation
Best Practices for Strategic Communications During a Transaction

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>