DaVita HealthCare Partners, Centura Health to jointly help optimize health care in Colorado, Kansas

Nov 6 2014

Centura Health and DaVita HealthCare Partners Inc. (NYSE: DVA) today announced a new joint venture that will offer a differentiated health care delivery model to help optimize health care value and lower costs for consumers in Colorado and Kansas. The two partners will combine their expertise to provide enhanced resources that increase coordination of care, equip care providers with sophisticated analytical tools and focus on prevention.

The new entity will be based in Colorado and jointly owned 50/50 by Englewood-based Centura Health and Denver-based DaVita HealthCare Partners.

"We are excited to partner with Centura Health, and to help providers participate in the shift from volume to value-based care," said Kent Thiry, co-chairman and CEO of DaVita HealthCare Partners and CEO of HealthCare Partners, which serves 829,000 patients in five states. "We are deeply committed to innovative models that provide high-quality health care while containing costs."

Together, Centura Health and DaVita HealthCare Partners will arm primary care providers, specialists and Centura Health acute and ambulatory care facilities with a range of services and tools. These include care coordination, disease management, risk stratification, consumer engagement and more.

This new health care model can lessen the complexity, confusion and fragmentation of health care for consumers by helping care providers to be more effective in making critical decisions about consumer care, reducing unnecessary and costly medical interventions and rewarding providers for helping consumers actively manage and maintain their health.

The new joint venture combines the expertise of the region's leading health care system and a nationally recognized leader in physician-centric coordinated care. It will be used to power Colorado Health Neighborhoods (CHN), Centura Health's physician-led network of providers.

"This unique joint venture with DaVita HealthCare Partners will accelerate our efforts to transform the health care delivery system to better position providers to meet the health care needs of consumers," said Gary Campbell, president and CEO of Centura Health. "Together, we will partner with CHN to elevate the traditional, trusting provider-patient relationship with the most innovative tools and technology, raising the bar on health care delivery to provide high-value, personalized care."