NASHVILLE—Renal Advantage Inc. has acquired five dialysis clinics in Florida and Alabama, according to a July 7 press release.
The acquisition of the centers—located in Oxford, Anniston, Jacksonville and Talladega in Alabama; and Sarasota, Fla.—was effective on July 1. The terms of transactions were not disclosed.
Within the last year, Renal Advantage has opened six new centers in five states and has acquired 12 more clinics. The company has increased its presence in Alabama from two centers to six, and in Florida has expanded to 12 centers from 11 centers.
Renal Advantage now has 154 centers in 19 states, and provides dialysis services to more than 12,000 patients.
“Alabama and Florida are important to our continued growth across the nation and throughout the Southeast,” said Michael Klein, CEO of Renal Advantage. “As we eye future expansion, it is important to focus on the markets and regions that we serve, while achieving our long–term growth strategy through selective acquisitions that further solidify RAI’s competitive position within the industry.”
