Quote from nursetaminator
Big companies face big lawsuits all the time. Davita has enough $$ to fight this however long it takes and will probably survive no matter the outcome. But who knows. The dialysis patients have to be treated somewhere. If for some crazy reason the lawsuit is detrimental to Davita someone will buy them out and the clinics will still operate.
BTW Warren Buffett's company Berkshire Hathaway now owns about 13% of Davita stock. Not sure they would invest that much in a company they thought would be in any big trouble. But I'm not a business/finance expert.
That's the way I see it too.
White collar crime, and all...
DaVita isn't any different than any other mega-corp. pushing the limits of legality. It's not about the law, it's about manipulating the law's gray areas to extract the biggest possible payout.
No, they're not going down. How do you think The Big Two were able to corner 80% of the dialysis market in the first place? Friends in high (government) places, for one.
This folks, is Corporate America exemplified. Again, DaVita is not the lone "bad guy." It's just crony capitalism running amok as it always has.
Funny, I went into healthcare in part twenty years ago, because
of the opportunity to avoid the corporate scene, and work for independent, community-based healthcare entities. That was attractive to me. Times have changed as buyouts and mergers rule the day.
I am no longer in dialysis.