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Stock Market & Financial Investment News

News Breaks
January 8, 2013
13:32 EDTDVADaVita partners with Fresenius Medical Care
DaVita, the kidney care division of DaVita HealthCare Partners (DVA) announced an agreement to provide certain pharmacy services to Fresenius Medical Care. FMC, a leading provider of dialysis services and maker of dialysis products, will use DaVita Rx prescription drug services for its Medicare patients in the United States. Congress required that beginning in 2011, some oral medications will be included in the bundled payment model. By 2016 all oral end stage renal disease medications will be included in the bundled payment. FMC's contract with DaVita Rx will help implement that requirement by using DaVita Rx's state-of-the-art pharmacy to fill and ship oral medications to FMC Medicare patients. DaVita Rx service for FMC will begin in late 2013.
News For DVA From The Last 14 Days
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October 15, 2014
11:02 EDTDVAWashington Trust provides $4.84M in financing for Connecticut building
Washington Trust's Commercial Real Estate Group recently provided $4.84M to Newtown Medical Office I to finance the construction of a two-story suburban medical office building in Newtown, Connecticut. The building will feature 25,806 square-feet of rentable space. More than 9,400 square-feet of the building is leased to national dialysis treatment providers, DaVita, a division of DaVita HealthCare Partners (DVA). The Washington Trust Company is a subsidiary of Washington Trust Bancorp (WASH).

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