Fresenius, DaVita shares soar following scrapping of payment cut

|About: Fresenius Medical Care AG... (FMS)|By:, SA News Editor

Shares in Fresenius Medical Care (FMS) are +8.3% and those of DaVita HealthCare Partners (DVA) +6.1% after the Centers for Medicare & Medicaid Services scrapped a proposed 9.4% cut in reimbursement rates for dialysis treatment for patients with end-stage renal disease.

Instead, payments for 2014 and 2015 they will remain flat.