U.S. Renal Care Buys Dialysis Firm

by Mark Friedman  on Wednesday, Jun. 26, 2013 11:06 am  

U.S. Renal Care, founded in Jonesboro in 2000, announced Wednesday that it has entered into an agreement to buy Ambulatory Services of America Inc. of BrentwoodTenn., for a price that wasn't disclosed.

U.S. Renal Care, which in 2006 moved its headquarters to PlanoTexas, will nearly double the number of patients it serves when the acquisition closes. The company said it expects the deal to happen in August after it receives government approval.

U.S. Renal Care is projected to provide dialysis services to about 13,000 patients and operate more than 200 dialysis centers, home and specialty hospital dialysis programs and facilities in Arkansas and 18 other states and the territory of Guam, the news release said.

In addition to the 79 dialysis centers that ASA operates through its Innovative Dialysis Systems of Long Beach, Calif., ASA also runs 17 radiation oncology centers in five states through its subsidiary Radiation Oncology Services of America Inc. U.S. Renal Care plans to sell these radiation centers to a "to-be-determined" company, the news release said.

"We have long admired ASA as a leader in the field, and know this transaction will create even greater opportunities for physicians, patients and staff alike," said Chris Brengard, CEO of U.S. Renal in the news release. "We look forward to working with Innovative Dialysis’ physician partners to continue to provide excellent care to dialysis patients."

 

 

Please read our comments policy before commenting.