Reliant Renal Care Inc., Expands Operations into Another
State with Strategic Acquisition and Joint Venture and
Plans for New Center
06/1/08, Barbara Bednar
Media, PA - Reliant Renal Care, Inc. (RRC), a comprehensive outpatient dialysis provider, announced today the acquisition of Fort Worth Dialysis Associates, Inc. in Fort Worth, Texas.
Fort Worth Dialysis Associates, Inc. operates two dialysis centers, with a total of 37 dialysis stations. These centers will have the capacity to serve over 200 patients. There is also opportunity to immediately add an additional center in the area.
Barbara Bednar, President and CEO of Reliant Renal Care said, "We are pleased to be expanding our company in Texas with the opportunity of working with some very experienced nephrologists. This acquisition together with the ability to add a new center will allow the company to meet the needs of more patients while expanding the platform of the company. Our ability to provide partnership opportunities with the physician group will allow for more collaboration going forward and strengthen our ties with our physician partners."
Jack O. Gratch, D.O. of Fort Worth Dialysis Associates states, "I am energized to partner with a group that has such high clinical ideals and integrity. This company really cares about the delivery of excellent patient care and it is evident by its CEO and COO being clinicians. The opportunity to partner with this company and expand in the near term is exciting to me personally."
Reliant Renal Care develops, acquires, and operates outpatient treatment centers for patients suffering from chronic kidney failure, also known as End Stage Renal Disease ("ESRD"). Reliant Renal Care is a renal disease management company that affiliates with selected nephrology physician practices and hospital systems to develop health care delivery systems in markets throughout the United States.
For more information on Reliant Renal Care, Inc., please visit www.reliantrenalcare.com
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