American Renal Associates Holdings (ARA) (Beverly, MA) launched an initial public offering in April 2016, and has now grown to 217 clinics serving more than 15,000 patients with 385 nephrologists.
Second quarter 2017 net patient service operating revenues increased 0.2% to $186.0 million, compared with $185.6 million for the prior year period.
ARA stated that 32 new clinics had signed with the company in the first half of 2017 and noted the large dialysis market presents a growing joint venture opportunity in the nephrology community. To date 4% of US nephrologists have joined with ARA. The company also noted that