DaVita Inc. (DVA)

Sector: Healthcare|Industry: Medical Care Facilities|Market Cap: $12.43B|Employees: 70K


DaVita Inc. provides kidney dialysis services for patients suffering from chronic kidney failure in the United States. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also offers outpatient, hospital inpatient, and home-based hemodialysis services; operates clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers. In addition, the company offers integrated care and disease management services to patients in risk-based and other integrated care arrangements; clinical research programs; physician services; and comprehensive kidney care services. Further, it engages in the provision of acute inpatient dialysis services and related laboratory services; and transplant software business. The company was formerly known as DaVita HealthCare Partners Inc. and changed its name to DaVita Inc. in September 2016. DaVita Inc. was incorporated in 1994 and is headquartered in Denver, Colorado.

  1. Filings

Filing Highlights

Financial Performance

Total revenues increased by 6.5% year-over-year, primarily driven by a 6.1% increase in dialysis patient service revenues. This indicates a strong core business performance, although the growth rate needs to be compared against industry trends.

Net income attributable to DaVita Inc. increased from $294.2 million to $462.3 million for the six months ended June 30, 2024. This substantial increase suggests improved profitability, although the underlying drivers need further investigation.

Total operating expenses increased from $5,156.1 million to $5,267.0 million year-over-year. This increase could offset some of the revenue growth benefits, and the reasons for the increase should be examined.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment