Renal Treatment Centers California Inc history

Against the backdrop of an industry in the midst of consolidating, Medical Ambulatory was spun off from National Medical in a leveraged buyout led by the subsidiary's management and DLJ Merchant Banking Partners, L.P. in August 1994.

For Chaltiel, the progress by this point was merely a prelude to far more ambitious plans, for which he prepared by completing an initial public offering (IPO) of stock in October 1995.

The expansion achieved during 1996 was unprecedented in scale, but Chaltiel soon established a new benchmark to measure the company's expansion, by completing a deal that positioned Total Renal Care near the top of its industry.

In November 1997, the company announced that it had agreed to acquire its closest competitor, Renal Treatment Centers.

Further, debt escalated, reaching $1.5 billion in 1999—the consequence of the numerous acquisitions that fueled Total Renal Care's expansion from fewer than 40 facilities to nearly 500 facilities during the previous five years.

March 2000: New CEO Kent Thiry and others take over leadership duties and work to transform the company and unite its workforce through a mission-and values-based approach.

November 2001: “The DaVita Way” is introduced at the first national meeting, Villagewide.

By 2002, there were 309,000 individuals in the nation who required DaVita's services.

2010: DaVita implements multiple voluntary quality improvement measures, including an in-house benchmarking tool and a nationally recognized vaccination program to help improve patients’ lives.

2011: International expansion of the Village begins.

2012: DaVita joins forces with HealthCare Partners, known today as DaVita Medical Group.

2017: DaVita launches the Executive Inclusion Council to help create a strategy for diversity and inclusion for all of its teammates.