Renal deal creates superregional player

One Williamson company's purchase of another results in company that will treat more than 10,000 people

Email | Print By Geert De Lombaerde

Two locally based dialysis services providers are joining forces to create a company that will run almost 140 centers in 18 states.

Brentwood-based Renal Advantage Inc. will pay an undisclosed amount to buy National Renal Alliance, which makes its home in Cool Springs and has annual revenues of about $100 million. Combined, the company will treat more than 10,000 patients. By comparison, industry leaders DaVita and Fresenius each treat about 110,000 people.

Renal Advantage CEO Michael Klein said the deal "brings together two highly compatible organizations that share similar cultures, philosophies and standards of excellence." Joe Cashia, founder and CEO of six-year-old National Renal, called Renal Advantage – which was born three years ago as a result of DaVita's buyout of Gambro – "a trusted employer and proven provider."

Aside from some overlap in Georgia and South Carolina, the two companies' footprint complement each other. Renal Advantage has centers on the Atlantic seaboard and scattered across the Midwest and in California, while National Renal has built a network that reaches into Missouri and Texas.

To read Renal Advantage's release on the deal, click here.