Central Operations of FORTUNE 500 Company to Be Located in Denver
DENVER, May 27 /PRNewswire-FirstCall/ -- DaVita Inc. (NYSE: DVA), a
leading provider of kidney care services for those diagnosed with chronic
kidney disease (CKD), today announced the home of its corporate headquarters
will be located in Colorado. The announcement was made during a press
conference on the Galleria of the Denver Performing Arts Complex by DaVita
Chairman and Chief Executive Officer Kent Thiry, who was joined by Denver
Mayor John Hickenlooper.
Thiry plans to move to the Denver area along with several other senior
executives, but relocation efforts are not currently planned for teammates
working in the current El Segundo, California headquarters or elsewhere around
Since DaVita started in 1999, it has grown to become a FORTUNE 500(R)
company with nearly $6 billion in annual revenues and clinical outcomes widely
and consistently recognized as the best or among the best in the kidney care
industry. The company operates more than 1,400 outpatient dialysis centers
and acute units in more than 700 hospitals in 43 states and the District of
Columbia. DaVita - which is Italian for "giving life" - currently has more
than 32,000 teammates around the nation and serves more than 114,000 patients
with life-saving kidney care treatment. In fact, nearly one-in-three dialysis
patients in the United States is a DaVita patient.
"We're very pleased to announce our search is over and we've selected the
Denver area to make our home," said Kent Thiry, Chairman and Chief Executive
Officer of DaVita. "I want to thank Governor Ritter, Mayor Hickenlooper and
their staffs for making such a tremendous effort in helping us choose
The decision to select the Denver area for DaVita's corporate headquarters
was based on four critical factors:
1. The city's geographic location is ideal for a nationwide company with
facilities and operations spread across nearly every state in the
2. The relative costs in the area are less expensive for families and
3. Denver is widely considered to be a highly desirable place to live and
4. DaVita's significant existing presence in the region provides a solid
foundation upon which the company can continue to grow.
The company expects to see millions of dollars in savings over time as a
result of the change.
"DaVita's decision to move its headquarters is a great coup for metro
Denver and the state of Colorado," said Denver Mayor John Hickenlooper.
"DaVita is one of the biggest and the best in its industry. The company's
decision reaffirms what we know is true about our community - that Denver is
one of the best places in the nation to work and play. We are proud DaVita
chose to call Colorado home."
"While Colorado families and businesses continue to struggle, we are
clearly seeing encouraging signs of economic activity - and DaVita's decision
to move its headquarters to Colorado tops the list," said Governor Bill
Ritter. "Colorado's business-friendly climate and my administration's
strategy to create new jobs, help businesses survive the downturn, and develop
a highly skilled 21st century labor pool are positioning Colorado for a strong
and sustainable recovery. On behalf of people throughout the state, we
heartily welcome DaVita's Colorado expansion and we congratulate Mayor
Hickenlooper and all those who helped make these new jobs a reality."
As part of DaVita's extensive network of outpatient facilities and acute
units, DaVita has nearly 30 outpatient facilities statewide and a total of
nearly 800 employees serving approximately 2,000 kidney care patients around
DaVita(R) is a registered trademark of DaVita Inc. All trademarks are the
property of their respective owners.
About DaVita Inc.
DaVita Inc., a FORTUNE 500(R) company, is a leading provider of kidney
care in the United States, providing dialysis services and education for
patients with chronic kidney failure and end stage renal disease. Recognized
as the only FORTUNE 500 company on WorldBlu's annual list of "Most Democratic
Work Places," DaVita manages more than 1,400 outpatient facilities and acute
units in more than 700 hospitals located in 43 states and the District of
Columbia, serving approximately 114,000 patients - nearly one-in-three of all
dialysis patients in the United States. As part of DaVita's commitment to
building a healthy, caring community, DaVita develops, participates in and
donates to numerous programs dedicated to transforming communities and
creating positive, sustainable change for children, families and our
environment. For more information about DaVita, its kidney education
materials and its community programs, please visit www.davita.com.
SOURCE DaVita Inc.
/CONTACT: Brad Chase of DaVita, +1-310-536-2406, email@example.com/
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/Web Site: http://www.davita.com /
CO: DaVita Inc.
IN: HEA MEQ MTC
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