CORVA Completes Acquisition of Innovative Renal Care (Posted on: 01/10/13)

Flexpoint Ford, LLC ("Flexpoint"), a private equity firm focused on the healthcare and financial services sectors, and Corva, LLC ("Corva") announced today that Corva has signed a definitive agreement to acquire the assets of Innovative Renal Care ("IRC"). Corva is a new partnership between Flexpoint, Jerry Simonsen and other senior managers that is focused on acquiring, developing, and operating dialysis clinics. IRC is located in Houston, Texas and currently serves approximately 100 patients with end stage renal disease. Dr. Freemu Varghese, one of the owners of IRC, will remain as its medical director.

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Corva Provides renal care to patients with chronic kidney disease (CKD) and end stage renal disease (ESRD).


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