DaVita

DaVita Inc.
Company typePublic
IndustryHealthcare
Founded1979; 45 years ago (1979)
HeadquartersDenver, Colorado, U.S.
Key people
Javier J. Rodriguez (CEO)
ServicesKidney dialysis
RevenueIncrease US$12.140 billion (2023)
Increase US$1.602 billion (2023)
Increase US$956 million (2023)
Total assetsDecrease US$16.893 billion (2023)
Total equityIncrease US$1.244 billion (2023)
OwnerBerkshire Hathaway (41.2%)[1]
Number of employees
70,000 (2023)
Websitedavita.com
Footnotes / references
[2]

DaVita Inc. provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation. The company has a 37% market share in the U.S. dialysis market. It is organized in Delaware and based in Denver.[2]

In 2023, 67% of the company's revenues came from Medicare and other government-based health insurance programs. In 2023, 89% of the company's patients were covered by government-based health insurance programs. Commercial payers, which accounted for 33% of revenues in 2023, 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 341st 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. April 26, 2024.
  2. ^ a b c "DaVita Inc. 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 14, 2024.
  3. ^ "Fortune 500: Davita". Fortune.
  4. ^ "About DaVita". DaVita.