Welcome to our dedicated page for Davita news (Ticker: DVA), a resource for investors and traders seeking the latest updates and insights on Davita stock.
DaVita Inc. (NYSE: DVA) is a comprehensive kidney care provider whose news flow reflects its clinical, operational and financial activities in the kidney dialysis centers industry. Company press releases and updates highlight its focus on transforming care delivery for patients with kidney disease, its large global network of outpatient dialysis centers and its role in integrated kidney care and value-based care models.
News about DaVita often covers quarterly financial and operating results, where the company reports consolidated revenues, operating income, cash flow and key U.S. dialysis metrics such as treatment volumes, revenue per treatment and patient care costs per treatment. These releases may also discuss share repurchases, debt transactions, credit facility amendments and guidance ranges for adjusted operating income, adjusted diluted net income per share and free cash flow.
Investors and observers can also find updates on clinical research and innovation. DaVita publishes information about studies presented at events like the American Society of Nephrology’s Kidney Week, including research on GLP-1 receptor agonist use in end-stage kidney disease, home dialysis outcomes, transplant access and end-of-life care. Additional news may describe initiatives such as the MODEL and MEMOIRS evaluations of medium cut-off dialyzers and efforts to better understand middle-molecule clearance.
Other DaVita news items include leadership appointments, participation in investor conferences and statements on government programs such as the Kidney Care Choices (KCC) Model. These communications provide insight into the company’s strategy, governance, integrated kidney care footprint and engagement with value-based care initiatives. For ongoing context on DVA, readers can use this news feed to follow developments in DaVita’s kidney care operations, research programs and capital allocation decisions over time.
DaVita Inc. (NYSE: DVA) has priced its $1.5 billion offering of senior notes due 2031 at a coupon of 3.750%. Closing is scheduled for August 11, 2020. Proceeds will redeem existing $1.5 billion senior notes due 2025, with the redemption set for August 21, 2020. The offering is conducted under Rule 144A and Regulation S, and is not registered under the Securities Act. The release includes forward-looking statements regarding the offering and its use of proceeds, along with risk factors related to market conditions and business impacts from COVID-19.
DaVita Inc. (NYSE: DVA) has announced a private offering of $1.5 billion in senior notes due 2031, subject to market conditions. The proceeds will be used to redeem all outstanding 5.000% senior notes due 2025, totaling $1.5 billion. A notice of redemption for the 2025 notes will be issued, contingent on the completion of the new offering. The notes are being offered under Rule 144A and Regulation S of the Securities Act. Risks include market conditions affecting the offering and ongoing impacts from the COVID-19 pandemic.
During Q2 2020, DaVita (NYSE: DVA) reported consolidated revenues of $2.880 billion with an operating income of $410 million, achieving a 14.2% operating margin. The company focused on patient care amid the COVID-19 pandemic, enhancing safety through testing and telehealth. Diluted EPS from continuing operations was $1.62, up from $1.16 Y-o-Y. Operating cash flow reached $651 million. DaVita treats over 236,000 patients at around 3,082 centers. However, the company reported a $16 million loss on the sale of its vascular access business.
DaVita Inc. (NYSE: DVA) has announced a quarterly conference call scheduled for July 30, 2020, at 5:00 p.m. Eastern Time to discuss its second-quarter results. Results will be released after market close on the same day. Investors can access the call via phone at 877-918-6630 (international 517-308-9042) or through a webcast on the DaVita IR web page. The company is a leading provider of kidney care services, treating 207,000 patients across 2,772 outpatient centers in the U.S. as of March 31, 2020.
DaVita Kidney Care announced the appointment of Mandy Hale as the new chief nursing officer, effective immediately. Hale previously served as vice president of nursing, managing over 18,000 nurses. With a career spanning over two decades at DaVita, she has held various leadership roles, enhancing nursing strategy and patient care. Hale's educational qualifications include a Master of Science in nursing, an MBA, and a doctorate of nursing practice. CEO Javier Rodriguez praised her leadership qualities, anticipating a positive impact on patient care.