Supreme Court Rules Against DaVita
In a 7-2 ruling, the court decides in favor of Marietta Memorial Hospital in a case involving coordination of benefits with Medicare
This brief note is a follow-up to DaVita: An Essential Provider of Dialysis Services, a business profile published on May 20 for premium subscribers of Rational Reflections.
DaVita shares have declined by more than 15 percent today on news of the Supreme Court’s 7-2 opinion in Marietta Memorial Hospital Employee Health Benefit Plan v. DaVita. The opinion, written by Justice Kavanaugh, has important implications for the coordination of benefits between private insurers and Medicare that has formed the basis for the economics of the dialysis industry for decades.