Dialysis providers Fresenius Medical Care AG, American Renal Associates Holdings Inc. and DaVita Inc. all fell after saying they were subpoenaed in the U.S. over premium-assistance programs that support dialysis patients on private insurance plans that can be more lucrative for providers.
The U.S. Attorney for the District of Massachusetts is investigating connections to the American Kidney Fund, which manages a patient-assistance program for the private plans, Bad Homburg, Germany-based Fresenius said Jan. 9. American Renal also said its subpoena is in connection with the American Kidney Fund, while DaVita said it’s been subpoenaed regarding “charitable premium assistance.”
Fresenius Medical Care fell ...
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