Fresenius Medical Care Completes Acquisition of NxStage Medical
Thousands of end stage renal disease experts turn to Renal Therapies Group for pharmaceuticals and the most prescribed technologies in the industry.
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Cigna is aiming to avoid unnecessary hospitalizations for people on dialysis at clinics run by Fresenius Medical Care and others who are covered by Cigna insurance.
If Fresenius Health Partners, the care management arm of the multinational company, is able to reduce overall costs, Cigna and Fresenius will share in the savings. Fresenius cares for approximately 180,000 people throughout the United States, about a third of the total dialysis market.
Although Fresenius Medical Care is one of the big two dialysis chains, Cigna is only responsible for about 1,100 people at their centers.
About 85 percent of all Americans on dialysis are covered by Medicare. The government health program is open to all with end-stage renal disease, even if they are not yet 65.
Fresenius has more than 10 years of experience working to lower the cost of care by improving the management of patients’ chronic illnesses, starting with Medicare.
Read full story at Courant.com.
Fresenius Medical Care North America (FMCNA) is the premier healthcare company focused on providing the highest quality care to people with renal and other chronic conditions. Through its industry-leading network of dialysis facilities, outpatient cardiac and vascular labs and urgent care centers, Fresenius Medical Care North America provides coordinated health care services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world’s largest fully integrated renal company, it offers specialty pharmacy and laboratory services, and manufactures and distributes the most comprehensive line of dialysis equipment, disposable products and renal pharmaceuticals. For more information, visit the FMCNA website at https://fmcna.com.