January 17, 2012

Faith Regional Sells Dialysis Services to DaVita, Inc.

Faith Regional Health Services (FRHS) recently entered into an agreement with DaVita Inc. (NYSE: DVA), a leading provider of kidney care services that is committed to improving the quality of life for those diagnosed with chronic kidney disease, to acquire the hospital’s dialysis program and continue to provide inpatient and outpatient services.

“Over the past several months, Faith Regional has been looking at partnering with a dialysis vendor to continue the enhancement and expansion of our inpatient and outpatient dialysis services to patients living with chronic kidney failure and end stage renal disease,” Kelly Driscoll, vice president of Patient Care Services said.  “The purpose behind moving away from the hospital providing the care to a vendor service is based upon the fact that DaVita can provide additional cutting edge, clinically based services to our patients while doing it more cost effectively because of their national buying power.”

The medical direction of the services will remain under Dr. Jonathan Weitzmann, a nephrologist with Faith Regional Physician Services, who is currently the medical director of the Dialysis Center.  The Faith Regional employees currently working in that department have been offered employment through DaVita.  The dialysis services provided at FRHS currently serve approximately 47 patients each week which will continue with the acquisition. DaVita currently has nine clinics in Eastern Nebraska.

“Faith Regional is committed to ensuring that dialysis care will continue to be available to patients in northeast Nebraska for years to come,” added Lisa Parks, director of Dialysis Services.  “Partnering with DaVita is a win-win for patients, employees, Faith Regional Health Services and DaVita, Inc.”

“DaVita is excited to expand its industry leading kidney care services in Eastern Nebraska. DaVita’s brings to the community 11 straight years of improved clinical outcomes, benefits of which include reductions in hospitalizations and infections,” said Paul Elliott, divisional vice president at DaVita. “With this acquisition we can provide a larger array of services to patients and are glad to be able to work so closely with our neighbors at FRHS.”

The transition of services from Faith Regional Health Services to DaVita, Inc. was effective December 1, 2011.