Author Topic: DVA DaVita HealthCare Partners  (Read 195018 times)

DooDiligence

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« Last Edit: May 24, 2019, 08:51:57 AM by DooDiligence »
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thefatbaboon

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Re: DVA DaVita HealthCare Partners
« Reply #611 on: June 12, 2019, 07:07:39 AM »
Is this deal ever going to happen

 ::)

ander

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Re: DVA DaVita HealthCare Partners
« Reply #612 on: June 12, 2019, 07:37:23 AM »
Is this deal ever going to happen

 ::)

https://news.bloomberglaw.com/mergers-and-antitrust/davita-gains-on-report-ftc-staff-nearing-approving-unh-unit-deal?utm_source=rss&utm_medium=MANW&utm_campaign=0000016b-32ac-dcbd-ad6b-faecfe8e0000

According to Capitol Forum it seems like a vote to approve may happen within the next couple of weeks. Though, I guess the market is saying it doesn't care and / or doesn't believe it.

thefatbaboon

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Re: DVA DaVita HealthCare Partners
« Reply #613 on: June 12, 2019, 07:59:43 AM »
What a saga this HCP investment has been!

ander

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Re: DVA DaVita HealthCare Partners
« Reply #614 on: June 19, 2019, 12:08:42 PM »
https://www.forbes.com/sites/brucejapsen/2019/06/19/unitedhealth-group-wins-ftc-approval-of-davita-deal/#1683cad16e40

"UnitedHealth Group Wins FTC Approval Of DaVita Deal"

Reporter states FTC to announce officially later this afternoon. DVA and UNH have not commented.
« Last Edit: June 19, 2019, 01:04:20 PM by ander »

ander

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Re: DVA DaVita HealthCare Partners
« Reply #615 on: June 19, 2019, 02:00:28 PM »
https://www.businesswire.com/news/home/20190619005805/en/

Now the deal has finally closed. What a saga.

cubsfan

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Re: DVA DaVita HealthCare Partners
« Reply #616 on: June 19, 2019, 04:35:26 PM »

Spekulatius

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Re: DVA DaVita HealthCare Partners
« Reply #617 on: June 19, 2019, 05:58:25 PM »
Cost pressure are relentless. It seems like costs are raising faster than reimbursements, maybe due to labor market tightness? the smaller players are probably sucking air through a straw. Fresenius on the other hand seems to be doing better, due to being more diversified.
To be a realist, one has to believe in miracles.

ander

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Re: DVA DaVita HealthCare Partners
« Reply #618 on: June 20, 2019, 08:16:51 AM »
Cost pressure are relentless. It seems like costs are raising faster than reimbursements, maybe due to labor market tightness? the smaller players are probably sucking air through a straw. Fresenius on the other hand seems to be doing better, due to being more diversified.

Part of the slower reimbursement rise has been because the out-of-network commercial amounts are coming down. It's pretty small currently but is a small headwind. Labor market has been affecting them like everyone else, but the cost pressures have always been there and like you're saying they manage better than the smaller guys so at some stage rates catch up a little bit as well. Fresenius is doing better on volumes this past quarter but that's lumpy. DVA has had a lot of "one-off" headwinds for the past 3 years. Assuming that those do not go away and are permanent, I still expect them to start growing EBIT in-line with previous history over the next 3 years. A large opportunity is Medicare Advantage patients which start in 2021 -- that could add up to 20% of EBIT alone. I'm looking forward to their Investor Day later this year and also am looking forward to them buying back up to 1/3 of the market cap over the next 12 to 18 mos.

MrB

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Re: DVA DaVita HealthCare Partners
« Reply #619 on: June 21, 2019, 06:55:23 AM »
"buying back up to 1/3 of the market cap over the next 12 to 18 mos."
How do you figure that?