lauralea

Flag

lauralea Updated   
NYSE:DVA   DaVita Inc.
Earnings 2-22 AMC.

Price has broken up from a triangle and looks to be forming a flag.

Earnings close and there has been some Medicare reimbursement issues which could affect earnings.

No recommendation.

EPS (FWD)
6.40
PE (FWD)
12.96
Div Rate (TTM)
-
Short Interest
3.04%
Market Cap
$7.47B
DaVita Inc. provides kidney dialysis services for patients suffering from chronic kidney failure. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers. In addition, the company provides disease management services to 16,000 patients in risk-based integrated care arrangements and 7,000 patients in other integrated care arrangements; vascular access services; clinical research programs; physician services; and comprehensive kidney care services. As of December 31, 2021, it provided dialysis and administrative services in the United States through a network of 2,815 outpatient dialysis centers serving approximately 203,100 patients; and operated 339 outpatient dialysis centers located in 10 countries outside of the United States serving approximately 39,900 patients. Further, the company provides acute inpatient dialysis services in approximately 850 hospitals and related laboratory services in the United States. The company was formerly known as DaVita HealthCare Partners Inc. and changed its name to DaVita Inc. in September 2016. DaVita Inc. was incorporated in 1994 and is headquartered in Denver, Colorado.
Comment:
Unfortunately Dialysis is not going away and neither is kidney failure.

Catching this stock at the right price is paramount but Medicare will always reimburse this.

Sad job which I have done for too many years, but unfortunately Dialysis is here to stay
Comment:
hold me til i die?'
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.