DaVita Finalizes Acquisition of Mountain View Medical Group

COLORADO SPRINGS, Colo., Feb. 1, 2017 /PRNewswire/ -- DaVita Inc. (NYSE: DVA), a leading independent medical group and leading provider of kidney care services, today announced closure of the acquisition of Mountain View Medical Group by one of its affiliated entities. Financial terms were not disclosed.

"Mountain View Medical Group is known throughout the Pikes Peak region for the high quality care it provides to the local community," said Mark Price, Colorado market president for DaVita's medical group division. "We're proud to have such a highly regarded medical group join DaVita, and together we look forward to expanding our ability to serve this community."

Mountain View Medical Group is an independent physician group in Colorado Springs with 50 physicians providing services that include family medicine, internal medicine, neurology, OB-GYN, pediatrics and podiatry. The group operates 14 medical office locations that care for more than 80,000 patients.

"Mountain View Medical Group is thrilled to be the newest addition to DaVita's medical group division, and we expect to accomplish great things together," said Mountain View Medical Group Board President Dr. Amy Owen.  "Aligning with DaVita means we will have greater opportunities to continue providing the highest levels of care to our patients and their families."

About DaVita Inc.
DaVita Inc., a Fortune 500® company, is the parent company of DaVita Kidney Care and HealthCare Partners, a DaVita Medical Group. DaVita Kidney Care is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end stage renal disease. As of September 30, 2016, DaVita Kidney Care operated or provided administrative services at 2,318 outpatient dialysis centers located in the United States serving approximately 186,000 patients. The company also operated 139 outpatient dialysis centers located in 11 countries outside the United States. HealthCare Partners manages and operates medical groups and affiliated physician networks in California, Nevada, New Mexico, Florida, Colorado and Washington in its pursuit to deliver excellent-quality health care in a dignified and compassionate manner. As of September 30, 2016 HealthCare Partners provided integrated care management for approximately 750,000 patients. For more information, please visit DaVita.com/about.

About Mountain View Medical Group
Mountain View Medical Group (MVMG), located in Colorado Springs, Colorado, is a team of professional medical caregivers established at 14 different facilities throughout the Pikes Peak region but with one common goal... "Excellence Inspired by Compassion". MVMG encompasses a spectrum of modalities from family medicine, internal medicine, neurology, OB/GYN, pediatrics and podiatry. The mission of everyone in the organization, including each of the 71 highly qualified Colorado Springs clinicians, is to enhance the health and lives of over 80,000 MVMG patients and their families. For more information, please visit www.MVMG.com.

Forward Looking Statements
This release may contain forward-looking statements within the meaning of the federal securities laws. All statements that do not concern historical facts are forward-looking statements and include, among other things, statements about our expectations, beliefs, intentions and/or strategies for the future, including the prospective performance of or synergies created involving the acquired business. Factors which could impact future results include the uncertainties associated with our ability to complete any acquisition or merger that we might be considering or announce, or integrate and successfully operate any business we may acquire or with whom we merge, and the other risk factors set forth in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2015, and subsequent quarterly reports filed on Form 10-Q. Any forward-looking statements should be considered in light of these risks and uncertainties. We base our forward-looking statements on information currently available to us at the time of this release, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of changes in underlying factors, new information, future events or otherwise.

Contact Information:

DaVita Inc.
David Tauchen
(303) 876-2802
[email protected]

Mountain View Medical Group
Vanessa Dedmon
(719) 590-1177
[email protected]

SOURCE DaVita Inc.

Related Links

https://www.davita.com