In order to expand its foothold in Arizona recently,
HealthCare Partners LLC, a subsidiary of
DaVita HealthCare Partners Inc.
) entered into a merger agreement with the physician owned
West-Valley based organization, Arizona Integrated Physicians
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As per the deal, AIP which consists of more than 700 physicians
who cater to an extensive client base in Arizona will work
together with HealthCare Partners to deliver innovative
healthcare in Arizona. DaVita has already been operating in
Arizona and it intends to widen its presence in the state through
Over the last 21 years HealthCare Partners of Davita has been
engaged in managing and operating medical groups and affiliated
physician networks in places like California, Nevada, New Mexico
and Florida. It caters to approximately 733,000 managed care
patients nationally and is on a spree to associate with other
physician and healthcare organizations to expand its clientele
base. The addition of AIP is a realization of this goal whereby
the latter will accentuate the former's Arizonian operations.
DaVita announced poor second quarter results for HealthCare
Partners in Aug 6, 2013. Thus to recover from the poor numbers in
the past, DaVita is focused to strengthen the business
developmental front of HealthCare Partners. The above partnership
is a reflection of this intention of DaVita.
Among its other partnership endeavors, the association with
Myriad RBM in Jun 2013 is worth mentioning. Myriad RBM is a
wholly owned subsidiary of a leading molecular diagnostic
Myriad Genetics Inc.
). The deal was aimed at performing a protein biomarker discovery
research. The objective is to develop and introduce innovative
diagnostic tests into the market so that they can be of help in
treating dialysis patients
DaVita currently carries a Zacks Rank #3 (Hold). Other healthcare
service providers like
Addus Home Corporation
) with a favorable Zacks Rank #1 (Strong Buy), and
) with a Zacks Rank #2 (Buy) are worth considering.