Renal Care Group, Inc. - Introduction

Introduction

2525 West End Avenue, Suite 600
Nashville, Tennessee 37203
U.S.A.
Telephone: (615) 345-5500
Fax: (615) 345-5505
Web site: http://www.renalcaregroup.com

Public Company
Incorporated:
1995
Employees: 7,352
Sales: $1.34 billion (2004)
Stock Exchanges: New York
Ticker Symbol: RCI
NAIC: 621492 Kidney Dialysis Centers

Renal Care Group, Inc., provides dialysis services to individuals with chronic kidney failure. The company serves the majority of its patients through its own dialysis centers and a lesser number though contractual relationships with hospitals. Renal Care operates 425 outpatient dialysis facilities in 33 states, performing more than four million dialysis treatments annually. Through contracts, the company provides acute dialysis services to more than 200 hospitals. Renal Care also provides practice management and administrative services to groups of physicians. Roughly 50 percent of the company's annual revenue is derived from Medicare reimbursement payments. In mid-2005, Renal Care agreed to be acquired by Fresenius Medical Care AG, the largest integrated provider of products and services for individuals with chronic kidney failure.