DaVita in $4.42 bil buyout bid

Shares of the U.S.' biggest kidney dialysis clinics operator jumped after it said it will buy HealthCare Partners, a private physician practices group, for $4.42 bil. The deal allows Denver-based DaVita (DVA - News) to offer integrated services, which the gov't wants to incentivize. The Medicare reimbursement model was changed in '11 to encourage clinical service providers to cut costs and use fewer drugs. This could favor big players like DaVita and rival FMC, the U.S. arm of Germany's Fresenius Medical Care (FMS - News). Warren Buffett's Berkshire Hathaway is DaVita's largest shareholder. Its shares rose 5%.

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