COLORADO SPRINGS, Colo.,
April 8, 2016 /PRNewswire/ -- DaVita
HealthCare Partners (NYSE: DVA), a leading independent medical
group in America and leading global provider of kidney care
services, today announced the company's intent to acquire Mountain
View Medical Group, a leading independent physician group in
Colorado Springs. Under the
proposal, Mountain View Medical Group would join the company's
HealthCare Partners division. Financial terms were not
disclosed.
"Mountain View Medical Group has a history of high clinical
performance and a strong reputation in the Pikes Peak region of
Colorado," said Joe Mello, chief operating officer of DaVita's
HealthCare Partners division. "The prospect of welcoming their
group to DaVita HealthCare Partners is very exciting, and we look
forward to potentially partnering with them as we expand our
medical group's presence in the Colorado market."
Mountain View Medical Group is the second largest independent
physician group in Colorado
Springs with 50 physicians providing services including
family medicine, internal medicine, neurology, OB-GYN, pediatrics
and podiatry. The group operates 14 medical office locations caring
for more than 80,000 patients.
"Our mission is to enhance the health and lives of our patients
and their families and be the provider of choice for the Pikes Peak
Region," said Dr. Amy Owen, Mountain
View Medical Group's board president. "As independent physician
groups working together, we believe we will be able to provide the
highest level of quality care to our patients and their
families."
The transaction is expected to close in July 2016, subject to negotiation of a final
definitive agreement with Mountain View Medical Group, their
shareholders' approval of the transaction, regulatory approvals,
completion of due diligence and other customary closing
conditions.
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,
Colorado and Washington in its pursuit to deliver
excellent-quality health care in a dignified and compassionate
manner. As of December 31, 2015
HealthCare Partners provided integrated care management for
approximately 807,000 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 December 31,
2015, DaVita Kidney Care
operated or provided administrative services at 2,251 outpatient
dialysis centers located in the United
States serving approximately 180,000 patients. The company
also operated 118 outpatient dialysis centers located in 10
countries outside the United
States. For more information, please visit
DaVitaHealthCarePartners.com.
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 HealthCare Partners
David Tauchen
(303) 876-2802
dtauchen@healthcarepartners.com
Mountain View Medical Group
Vanessa Dedmon
(719) 590-1177
Vdedmon@mtviewmedgroup.com
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SOURCE HealthCare Partners LLC