DaVita Maintains 2018 Outlook as Reimbursement and Labor Cost Headwinds Persist
We don’t anticipate any dramatic change to our fair value estimate for DaVita, as the company’s fourth-quarter performance—which now includes the medical group business in discontinued operations—and 2018 outlook continue to mostly track our expectations. These results showed a return to more normal operating conditions after the hurricane-related issues of the third quarter. Management maintained its $1.5 billion to $1.6 billion operating income goal for 2018, which is close to our forecast, bu...
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