Dialysis services provider operating outpatient kidney dialysis centers.
Acquired by Golden Gate Capital2017-11-28
Community-based dialysis centers with physician-centric care model
Reduction in nursing staff, with more LPNs and aides replacing RNs at dialysis centers
Aggressive coding for higher-reimbursement procedures and diagnoses to boost revenue
Elimination of unprofitable but essential services like psychiatric care or home dialysis
Extraction of large management and consulting fees, reducing resources for patient care
Announcements of 'optimizing' operations and a leadership shuffle
Staffing cuts begin, with fewer RNs per patient and longer wait times
Noticeable decline in service quality, with rushed appointments and reduced access to specialized care
Potential closure of less profitable dialysis centers, leading to reduced access for patients
Possibility of bankruptcy or a fire sale to another operator, further disrupting patient care
Other companies that followed a similar path after PE acquisition
Closely monitor wait times, staff-to-patient ratios, and access to specialized care at your local dialysis center
Be aware of any changes in billing practices or a sudden increase in higher-reimbursement procedures
Advocate for the preservation of essential services like home dialysis and psychiatric care
Stay informed about any potential center closures or disruptions to your care, and be prepared to switch providers if necessary
Community-focused healthcare
Integrated managed care consortium