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DaVita HealthCare Partners Inc. 4th Quarter 2013 Results

February 11, 2014  | Press Releases
DENVER, Feb. 11, 2014 /PRNewswire/ -- DaVita HealthCare Partners Inc. today announced results for the quarter and year ended December 31, 2013. Income for the quarter ended December 31, 2013 and adjusted income for the year ended December 31, 2013 from continuing operations attributable to DaVita HealthCare Partners Inc. was $212.3 million and $817.6 million, or $0.99 per share and $3.81 per share, respectively. Adjusted income from continuing operations attributable to DaVita HealthCare Partners Inc. for the year ended December 31, 2013 excluded a loss contingency reserve and a contingent earn-out obligation adjustment. Income from continuing operations attributable to DaVita HealthCare Partners Inc. for the year ended December 31, 2013 including these items was $620.2 million, or $2.89 per share.

Adjusted income from continuing operations attributable to DaVita HealthCare Partners Inc. for the quarter and year ended December 31, 2012 was $173.8 million and $612.6 million, or $0.84 per share and $3.13 per share, respectively, excluding transaction expenses associated with the acquisition of HCP, debt refinancing charges and a legal settlement and related expenses. Income from continuing operations attributable to DaVita HealthCare Partners Inc. for the quarter and year ended December 31, 2012 including these items was $156.3 million and $536.2 million, or $0.76 per share and $2.74 per share, respectively.
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