Deutsche Bank comments on the impact to DaVita (DVA -4.9%) of CMS' 2014 Medicare ESRD proposed...


Deutsche Bank comments on the impact to DaVita (DVA -4.9%) of CMS' 2014 Medicare ESRD proposed rule - which reduces dialysis rates by 9.4% - saying the figure is twice as high as expected. Deutsche doesn't plan to make any changes to DVA's model at present, as it expects CMS to make adjustments in a final rule, but the changes would have to improve significantly for for the firm to remain confident in 2014 estimates.

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