Liberty Dialysis (“Liberty”), headquartered in Mercer Island, Washington, is the third largest dialysis services company in the world operating over 280 dialysis programs throughout the country. Liberty provides dialysis services to patients who have been diagnosed with end-stage renal disease (“ESRD”).  The Company employs or partners with local nephrologists (ESRD patient’s primary care physicians) and/or hospitals in developing, owning and operating these centers. The alignment of interests between the nephrologist and the dialysis services provider drives superior patient outcomes and increased collaboration on operations of the clinic.

Date of Realization:  February 2012

Industry Sector:  Healthcare Services

Fund: IV