Calif.’s HealthCare Partners To Be Acquired in $4.42B Deal
DaVita, the second-largest provider of dialysis services in the U.S., has confirmed a $4.42 billion deal to acquire Torrance, Calif.-based physician group HealthCare Partners. The deal is the latest in a string of similar acquisitions by large health care companies as a strategy to rein in rising health costs. HealthCare Partners has more than 50 medical offices that serve 550,000 patients across Southern California.
- "HealthCare Partners To Be Bought by DaVita in $4.42-Billion Deal" (Terhune, Los Angeles Times, 5/22).