EVERETT, Wash., Sept. 21, 2015 /PRNewswire/ -- DaVita HealthCare
Partners (NYSE: DVA), the leading independent medical group in
America and leading provider of kidney care services, and The
Everett Clinic, a nationally recognized physician group, today
announced their intention to merge. DaVita HealthCare Partners will
acquire The Everett Clinic, subject to the clinic's stakeholders'
approval and a final definitive agreement. Financial terms were not
disclosed.
"DaVita HealthCare Partners is honored to have this opportunity
to join forces with an organization whose core values and mission
so intentionally align with our own," said Kent Thiry, chairman and CEO of DaVita
HealthCare Partners. "We are excited to work with the Everett team as we improve healthcare delivery
and expand the leading independent medical group in America."
The Everett Clinic operates 20 care sites north of Seattle treating more than 315,000 patients
and employing roughly 2,200 teammates, including more than 500
specialty and primary care providers. It serves patients through
traditional doctor's offices, urgent care, lab services, imaging,
hearing and vision centers, behavioral health, and cancer
treatment.
"Our goals have always been both to transform care for our
patients and to create a workplace that makes staff and providers
feel excited about coming to work each day," said Rick Cooper, CEO of The Everett Clinic. "We
believe we have found the partner that will help make our vision a
reality."
"We also feel extremely optimistic about our future and the
opportunity for our patients, staff and providers with this
merger," said Harold Dash, M.D.,
president of The Everett Clinic. "Perhaps at no other time in
our history have we been as well positioned to grow and transform
care as we are now with DaVita HealthCare Partners."
About DaVita HealthCare Partners
DaVita
HealthCare Partners Inc., a Fortune 500® company, is the parent
company of DaVita Kidney Care and
HealthCare Partners. HealthCare Partners manages and operates
medical groups and affiliated physician networks in Arizona, California, Nevada, New
Mexico, Florida and
Colorado in its pursuit to deliver
excellent-quality health care in a dignified and compassionate
manner. As of June 30, 2015
HealthCare Partners provided integrated care management for
approximately 826,000 patients. 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 June 30,
2015, DaVita Kidney Care
operated or provided administrative services at 2,210 outpatient
dialysis centers located in the United
States serving approximately 176,000 patients. The company
also operated 96 outpatient dialysis centers located in 10
countries outside the United
States. For more information, please visit
DaVitaHealthCarePartners.com.
About The Everett Clinic
Founded in 1924, The
Everett Clinic is a nationally recognized, locally-owned
physician group known for providing high-quality healthcare
services while lowering the overall cost of care. It has 500
providers in primary and specialty care at nine locations
throughout Snohomish County, Wash.
who care for more than 300,000 patients. Consistently named as a
Fortune Magazine "100 Best Companies to Work For," The
Everett Clinic staff and providers support the core value of doing
what is right for each patient.
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 growth, opportunities and performance of or synergies
attributable to the acquired business or the combined business
resulting from the merger. Factors which could impact future
results include the uncertainties associated with our ability to
complete any acquisition, merger or disposition that we might be
considering or announce, or integrate and successfully operate any
business we may acquire, and the other risk factors set forth in
DaVita's SEC filings, including its Annual Report on Form 10-K for
the year ended December 31, 2014, and
its subsequent quarterly reports filed on Form 10-Q. Any
forward-looking statements should be considered in light of these
risks and uncertainties. DaVita bases its forward-looking
statements on information currently available to it at the time of
this release, and it undertakes 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.
Media Contact Information:
Skip Thurman
Skip.Thurman@DaVita.com
(303) 876-6610
April Zepeda
azepeda@everettclinic.com
(425) 304-1139
Investor Contact Information:
Jim
Gustafson
Jim.Gustafson@DaVita.com
(310) 536-2585
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SOURCE DaVita HealthCare Partners; The Everett Clinic