Affiliated Dialysis Centers, LLC (“ADC”), an independent dialysis provider based in Illinois, today announced that a definitive agreement has been reached to purchase a nursing home dialysis business in the Chicago market. When the purchase of the 14 locations serving nearly 200 patients are fully integrated into its existing nursing home dialysis program, ADC will become the premier provider of nursing home dialysis in Illinois. The purchase closed on November 1, 2009. Other terms have not been disclosed.
Mr. Steven Bucher, ADC’s Chief Executive Officer, stated, “We have made a unique and focused commitment to this market to provide dialysis to a very vulnerable patient population in a new and different delivery alternative. Home dialysis is the core of our business and this acquisition is an important milestone for us to greatly expand our business footprint. Through our dedicated employees we will use this opportunity, now as an industry leader, to show the way in cost- effectively meeting the needs of dialysis patients who may require nursing home care.”