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Friday, June 10, 2016 - Inspira Health Network Announces Intent to Partner with DaVita to Provide and Expand Dialysis Services
MULLICA HILL, NJ (June 8) – Inspira Health Network announced today that the network is pursuing a partnership with DaVita HealthCare Partners to enhance and expand dialysis services in South Jersey. Once approved, Inspira would enter into a joint venture acquisition with DaVita to transfer majority ownership of three dialysis centers in Vineland, Millville and Bridgeton to the organization.
“This transaction will be a win for our community,” said John DiAngelo, Inspira Health Network President and CEO. “DaVita is a leading global provider of kidney care services and we’re pleased to partner with them to bring their industry-leading quality patient care to Southern New Jersey.”
In addition to partnering in its three current centers, Inspira will explore opportunities with DaVita to expand services across the region to meet the growing need for dialysis care.
“We conduct regular health needs assessments in our communities and they demonstrate that the need for dialysis is on the rise,” said DiAngelo. “This joint venture will give both of our organizations the ability to address this community health need with high quality services that are conveniently located close to home.”
The transaction is expected to close in the coming months subject to regulatory approvals, completion of due diligence and other required conditions.
“Once finalized, this long-term joint venture between two innovative, leading healthcare providers will deliver superior and comprehensive renal care in Southern New Jersey,” said Charlie Choi, Group Vice President at DaVita HealthCare Partners.
Inspira has committed to assisting all of their dialysis employees in identifying positions either within the joint venture or the network.
DaVita, which operates 2,278 outpatient dialysis centers nationwide serving approximately 180,000 patients, has been recognized throughout the country for its clinical quality, positive teammate culture and community service. The Centers for Medicare & Medicaid Services (CMS) Five-Star program rates dialysis providers from one to five stars to measure patient outcomes, giving consumers a better picture of how a center is performing. For the second year in a row, DaVita has the highest number of four- and five-star centers in the country, twice as many as other dialysis providers.
About Inspira Health Network
Inspira Health Network is a charitable nonprofit health care organization serving communities across southern New Jersey. The network, which traces its roots to 1899, comprises three hospitals, a comprehensive cancer center, several multi-specialty health centers and a total of more than 100 access points. These include urgent care; outpatient imaging and rehabilitation; numerous specialty centers, including sleep medicine, cardiac testing, digestive health and wound care; home care and hospice; and more than 30 primary and specialty physician practices in Gloucester, Cumberland, Salem and Camden counties.
Together with its medical staff of more than 1,100 physicians and other care providers, as well as more than 5,700 employees, Inspira Health Network provides evidence-based care to help each patient achieve the best possible outcome. Accredited by DNV Healthcare, the network’s clinical and support staffs are focused on providing quality care in a safe environment. For more information about Inspira Health Network, call 1-800-INSPIRA.
About DaVita Kidney Care
DaVita Kidney Care is a division of DaVita HealthCare Partners Inc., a Fortune 500® company that, through its operating divisions, provides a variety of health care services to patient populations throughout the United States and abroad. A leading provider of dialysis services in the United States, DaVita Kidney Care treats patients with chronic kidney failure and end stage renal disease. DaVita Kidney Care strives to improve patients' quality of life by innovating clinical care, and by offering integrated treatment plans, personalized care teams and convenient health-management services. As of March 31, 2016, DaVita Kidney Care operated or provided administrative services at 2,278 outpatient dialysis centers located in the United States serving approximately 180,000 patients. The company also operated 124 outpatient dialysis centers located in 10 countries outside the United States. DaVita Kidney Care supports numerous programs dedicated to creating positive, sustainable change in communities around the world. The company's leadership development initiatives and social responsibility efforts have been recognized by Fortune, Modern Healthcare, Newsweek and WorldBlu. For more information, please visit DaVita.com.
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