Financial research concept

Dialysis Average Patient Service Revenue per Treatment

measures average patient-service reimbursement recognized for each dialysis treatment.

By Lee BaileyPublished Sep 25, 2026

Research context

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Research date: Sep 25, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context: 17 connected conceptsPart of the reviewed Dialysis Provider Economics; issuer definitions remain distinct where disclosed.
Company examples: 1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Revenue exceeded direct patient-care cost by $136.22 per treatment
The direct-care spread was about 33.3% of revenue per treatment
This is a blended reimbursement measure, not a posted price
Part of the Dialysis Provider Economics
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Dialysis Average Patient Service Revenue per Treatment measures average patient-service reimbursement recognized for each U.S. dialysis treatment.

DaVita reported $409.56 per treatment in 2025.

Revenue exceeded direct patient-care cost by $136.22 per treatment

DaVita also reported $273.34 of patient care cost per treatment.

Subtracting $273.34 from $409.56 gives a direct-care spread of $136.22 per treatment, before other operating expenses needed to reach segment operating income.

The direct-care spread was about 33.3% of revenue per treatment

Dividing $136.22 by $409.56 gives approximately 33.3%.

Use Dialysis Patient Care Cost per Treatment to keep the reimbursement and direct-cost legs visible.

This is a blended reimbursement measure, not a posted price

Government and commercial payors reimburse at different rates, and drug reimbursement, modality, contract terms, and collections can all change the average.

The metric should not be interpreted as a standardized treatment price.

Primary source: DaVita 2025 Form 10-K.

Part of the Dialysis Provider Economics

Connect treatment activity, reimbursement per treatment, patient-care cost, modality and payor mix, collections, network footprint, market share, and segment profitability across a dialysis provider.

Browse the full operating model in Company Analysis →

Where this concept fits

Reimbursement, payor mix, and care settingCurrent relationship
Average patient service revenue per treatment shows blended reimbursement, government and commercial revenue mix show payor economics, and outpatient, home-based, and hospital inpatient revenue mix show where care is delivered. Revenue shares are not interchangeable with patient or treatment shares.
Dialysis Average Patient Service Revenue per TreatmentCurrent conceptDialysis Commercial Revenue Mix Dialysis Government Revenue Mix Dialysis Home-Based Revenue Mix Dialysis Hospital Inpatient Revenue Mix Dialysis Outpatient Revenue Mix
Treatment volume, patient base, and network footprint
Treatment volume, average daily treatments, treatment days, patient count, outpatient centers, hospital service contracts, market share, and normalized non-acquired growth show the operating scale and underlying demand base. Center count and patient count are point-in-time measures, while treatments are period activity.
Dialysis Average Treatments per Day Dialysis Hospital Service Contract Count Dialysis Normalized Non-Acquired Treatment Growth Dialysis Outpatient Center Count Dialysis Patient Count Dialysis Treatment Days Dialysis Treatment Volume Dialysis U.S. Market Share
Cost, collections, and segment profitability
Patient care cost per treatment frames direct operating cost, days sales outstanding shows collections efficiency, and segment operating income shows the resulting GAAP segment contribution after the issuer's reported expense structure.
Dialysis Days Sales Outstanding Dialysis Patient Care Cost per Treatment Dialysis Segment Operating Income

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

DVAOpen operating-model research →17 of 17 reviewed concepts in Dialysis Provider EconomicsReimbursement, payor mix, and care setting6 of 6 bridge concepts supportedContinue through this bridge:Dialysis Commercial Revenue Mix Dialysis Government Revenue Mix Dialysis Home-Based Revenue Mix Dialysis Hospital Inpatient Revenue Mix Dialysis Outpatient Revenue Mix

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Compare public companies

Compare reimbursement per treatment with direct patient-care cost and the resulting per-treatment spread.

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