WASHINGTON (dpa-AFX) - DaVita Kidney Care, a division of DaVita HealthCare Partners Inc. (DVA), on Monday announced the next step in an agreement in principle for a settlement in an Atlanta-based case, which previously was announced on April 15.
The lawsuit was brought by private attorneys regarding allegations of medication wastage from 2003 to 2010.
'Although we believe strongly in the merits of our case, we decided it was in our stakeholders' best interests to resolve it,' said Chief Legal Officer for DaVita HealthCare Partners Kim Rivera. 'The potential mandatory penalties for being found in the wrong in even a small percentage of instances were simply too large.'
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