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DaVita information


DaVita Inc.
Company typePublic company
Traded as
NYSE: DVA
S&P 500 component
IndustryHealthcare
Founded1979; 45 years ago (1979)
HeadquartersDenver, Colorado, United States
Key people
Javier J. Rodriguez, CEO
Peter Grauer, lead independent director
ServicesDialysis
RevenueIncrease US$11.62 billion (2021)
Operating income
Increase US$1.80 billion (2021)
Net income
Increase US$978 million (2021)
Total assetsIncrease US$17.12 billion (2021)
Total equityDecrease US$756 million (2021)
OwnerBerkshire Hathaway 37.9%[1]
Number of employees
69,000 (2021)
Websitewww.davita.com
Footnotes / references
[2]

DaVita Inc. provides kidney dialysis services through a network of 2,816 outpatient dialysis centers in the United States, serving 204,200 patients, and 321 outpatient dialysis centers in 10 other countries serving 3,200 patients. The company primarily treats end-stage renal disease (ESRD), 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.[2]

In 2020, 68% of the company's revenues came from Medicare and other government-based health insurance programs. In 2020, 90% of the company's patients were covered by government-based health insurance programs. Commercial payers, which accounted for 32% of revenues in 2020, generate nearly all of the company's profit as they reimburse at a much higher rate than government-based health insurance programs.[2]

The company is ranked 357th on the Fortune 500.[3]

The name "DaVita" was derived from the Italian language phrase "Dare Vita", which means "to give life".[4]

  1. ^ "Davita Inc. Proxy Statement". U.S. Securities and Exchange Commission. 25 April 2022.
  2. ^ a b c "DaVita Inc. 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission. 11 February 2022.
  3. ^ "Fortune 500: Davita". Fortune.
  4. ^ "About DaVita". DaVita.

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