July 25, 2014 11:46 PM ET

Healthcare Equipment and Supplies

Company Overview of Fresenius Medical Care Holdings Inc.

Company Overview

Fresenius Medical Care Holdings Inc., doing business as Fresenius Medical Care North America, provides kidney dialysis services and renal care products in North America. It manufactures and distributes various dialysis products and equipment, including dialysis machines, pertioneal dialysis products, dialyzers, and other dialysis-related supplies, as well as renal pharmaceuticals. The company also provides dialysis care services, such as hemodialysis, peritoneal dialysis, education tools, and transplant support services in-center, at home, or in a hospital; and physician, laboratory, and inpatient services. In addition, it offers products support services, such as technical phone support, fi...

920 Winter Street

Waltham, MA 02451-1457

United States

60,625 Employees

Phone:

781-402-9000

Fax:

781-402-9005

Key Executives for Fresenius Medical Care Holdings Inc.

Chief Executive Officer
Age: 54
Chief Financial Officer
Senior Vice President of Operations and President of West Division
Deputy Chairman of The Management Board and Chief Executive Officer of Fresenius Medical Care North America
Age: 58
Chief Executive Officer of Extracorporeal Alliance
Age: 67
Compensation as of Fiscal Year 2014.

Fresenius Medical Care Holdings Inc. Key Developments

Fresenius Medical Care North America Announces Voluntary Recall of 56 Lots of NaturaLyte(R) Liquid Bicarbonate Concentrate

Fresenius Medical Care North America announced that its voluntary recall of 56 lots of NaturaLyte(R) Liquid Bicarbonate Concentrate, 6.4 liters (intended for use in hemodialysis machines) from distribution has been classified as a Class 1 Recall. The affected lots were produced in its Montreal, Canada facility and are being recalled because they may develop higher bacteria levels than is allowed by the company's internal specification during their shelf life. Laboratory testing has identified the bacteria as Halomonas (species 1, 2, 3), a Gram Negative bacteria, typically found in water with high salinity (salt concentration). According to a few case reports in the medical literature, bacterial contamination of the dialysate may lead to bacteremia or systemic infection. The dialysis filter (dialyzer) and the use of the Diasafe(TM) filter or equivalent create an effective bacteria and endotoxin barrier that makes this event unlikely.

Fresenius Medical Care Renal Therapies Group Announces Executive Changes

Fresenius Medical Care Renal Therapies Group (RTG) announced that Dr. Jose A. Diaz-Buxo, Chief Medical Officer and Senior Vice President, has decided to retire as of May 31, 2014. Dr. Robert Kossmann will assume this position beginning July 1, 2014. Dr. Diaz-Buxo joined Fresenius Medical Care North America (FMCNA) in 1996 as president of the company's Peritoneal Dialysis Services and was named RTG's Chief Medical Officer in 2004. RTG has named Dr. Robert Kossmann as its incoming Chief Medical Officer. He will assume this position following Dr. Diaz-Buxo's retirement. Dr. Kossmann is a nephrologist in Santa Fe, N.M., a member of the volunteer clinical faculty at the University of New Mexico's Department of Medicine, and has served extensively in the renal care field. His roles have included; President of the Renal Physicians Association, nephrology advisor to the American Medical Association's Relative Value Scale Update Committee, founding member of the Nephrology Coverage Advocacy Program, and founder of the New Mexico Renal Disease Collaborative Group.

Apollo Medical Holdings, Inc. and Fresenius Medical Care Enter into Strategic Relationship

Apollo Medical Holdings, Inc. announced that it has entered into a strategic relationship with Fresenius Medical Care North America ("Fresenius Medical Care"). The relationship will enable ApolloMed to further develop its risk-oriented, integrated care model in California and expand its "Best in Class" medical management and physician-driven model nationally.

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Private Placement
June 13, 2014
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