A GREAT BUSINESS MODEL – Profit From The Suffering of Others!

Wednesday, January 8, 2014 | By Scott | No Comments

BUSINESS EXAMINER – January, 2014
by KATIE SCAFF
 

“There’s an underlying growth in the population of patients that need dialysis. That population growth is roughly four percent,” said Jim Hilger, DaVita’s chief accounting officer.

DaVita operates in 44 states, has 53,000 employees and pulled in more than $12 billion in revenue last year. This is up from operating in 42 states with 32,500 employees and $5.7 billion in revenue in 2008. DaVita has been opening about 75 new clinics each year across the country.

“For our dialysis business, we weren’t really affected by the downturn of the economy and that’s because of our patients. The healthcare service we provide these patients is life sustaining,” Hilger said. “It’s a very stable business.”

Long story short: patients will show up for treatment regardless of the state of the economy — good or bad.

Recession, recovery haven’t dampened DaVita’s growth
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