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DaVita Medical Group Acquires Large IPA Network in the Pacific Northwest
Northwest Physicians Network Joins DaVita Medical Group

TACOMA, Wash., Nov. 28, 2017 /PRNewswire/ -- DaVita Medical Group, a division of DaVita Inc. and a leading independent medical group in the United States, today announced the acquisition of Northwest Physicians Network (NPN), a respected independent physician association (IPA) network in the Pacific Northwest.

"Welcoming Northwest Physicians Network to DaVita Medical Group is a key step in growing our footprint in the region and expanding our IPA network from South Seattle down into Northern Oregon," said Joe Mello, chief operating officer for DaVita Medical Group. "This means our patients in the region should have a larger network of high-quality, independent physicians to choose from. We're very excited by this partnership and to be working with Northwest Physicians Network as we build the leading independent medical group in America."

With administrative offices in Tacoma, Northwest Physicians Network is comprised of more than 1,000 primary care and specialty care physicians. Since its incorporation in 1995, Northwest Physicians Network has built a full-service managed care infrastructure and secured risk-bearing contracts with various health plans.

"As Northwest Physicians Network sought to grow, we knew we needed to find a partner with access to resources, expertise, and, most importantly, an alignment with our fundamental values," said Scott Kronlund, M.D., president and chief medical officer for Northwest Physicians Network. "With their commitment to physician independence, physician leadership and focus on clinical excellence, DaVita Medical Group was the natural choice for Northwest Physicians Network."

The acquisition also opens up the opportunity for greater partnership with The Everett Clinic, a part of DaVita Medical Group, potentially expanding choices for both patients and providers.

About DaVita Medical Group
DaVita Medical Group is a division of DaVita Inc., a Fortune 500® company, that operates and manages medical groups and affiliated physician networks in California, Colorado, Florida, Nevada, New Mexico, Pennsylvania and Washington. A leading independent medical group in America, DaVita Medical Group has over two decades of experience providing coordinated, outcomes-based medical care in a cost-effective manner. DaVita Medical Group's teammates, employed clinicians and affiliated clinicians provided care for approximately 1.7 million patients. For more information, please visit DaVitaMedicalGroup.com.

About DaVita Inc.
DaVita Inc., a Fortune 500® company, is the parent company of DaVita Kidney Care and DaVita Medical Group. DaVita Kidney Care is a leading provider of kidney care in the United States, delivering dialysis services to patients with chronic kidney failure and end-stage renal disease. As of September 30, 2017, DaVita Kidney Care operated or provided administrative services at 2,470 outpatient dialysis centers located in the United States serving approximately 218,200 patients. The company also operated 230 outpatient dialysis centers located in 11 countries outside the United States. DaVita Medical Group manages and operates medical groups and affiliated physician networks in California, Colorado, Florida, Nevada, New Mexico, Pennsylvania and Washington in its pursuit to deliver excellent-quality health care in a dignified and compassionate manner. DaVita Medical Group's teammates, employed clinicians and affiliated clinicians provided care for approximately 1.7 million patients. For more information, please visit DaVita.com/About.

Forward Looking Statements
This release may contain forward-looking statements within the meaning of the federal securities laws. All statements that do not concern historical facts are forward-looking statements and include, among other things, statements about our expectations, beliefs, intentions and/or strategies for the future, including the prospective performance of or synergies created by the acquired business, prospects for enhanced patient care, and the impact the business combination will have on clinical outcomes or growth of the business in the region. Factors which could impact future results include the uncertainties associated with our ability to complete any acquisition or merger that we might be considering or announce, or integrate and successfully operate any business we may acquire, and the other risk factors set forth in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2016, and subsequent quarterly reports filed on Form 10-Q. Any forward-looking statements should be considered in light of these risks and uncertainties. We base our forward-looking statements on information currently available to us at the time of this release, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of changes in underlying factors, new information, future events or otherwise.

Contact Information

Media:

David Tauchen
DaVita Medical Group
David.Tauchen@DaVita.com
(303) 876-2802

DaVita Medical Group (PRNewsfoto/DaVita Medical Group)

 

SOURCE DaVita Medical Group


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