DaVita Inc. (NYSE:DVA) confirmed a ransomware attack impacting 2.7M individuals. The attack began on March 24 and was discovered and partially mitigated by April 12. DaVita incurred $13.5 million in expenses during Q2 2025 to address the incident. The company provides kidney care services through a network of outpatient dialysis centers and integrated care programs.
Title: DaVita Inc. Confirms Ransomware Attack Affecting 2.7 Million Individuals
July 02, 2025 - DaVita Inc. (NYSE:DVA), a leading provider of kidney care services, has confirmed that a ransomware attack led to a data breach impacting approximately 2.7 million individuals. The incident, which began on March 24, 2025, was discovered and partially mitigated by April 12, when the company removed the attackers from its systems [1].
The ransomware group, Interlock, claimed responsibility for the attack and has since leaked some of the stolen data. DaVita reported that the incident caused a temporary disruption to its operations, primarily affecting its laboratories. However, the company maintained uninterrupted delivery of critical dialysis services across its network of over 3,100 outpatient clinics and home treatment programs worldwide [2].
DaVita incurred about $13.5 million in expenses during the second quarter of 2025 to address the incident. Of this, $1 million was attributed to increased patient care costs, while $12.5 million was allocated to general and administrative expenses for system restoration and third-party professional assistance [1].
The company provides kidney care services through a network of outpatient dialysis centers across the United States and in select international markets. DaVita also offers integrated care programs, laboratory services, and clinical research support [3].
Despite the recent setback, DaVita remains a resilient, long-term investment with substantial upside potential from its aggressive share buyback program. The company has authorized an additional $2 billion for buybacks, bringing the total to $4 billion, which could conclude in approximately 1.6 years, potentially reducing the share count to 43 million by 2027. This reduction could boost EPS from $10.77 to $17.96, a 70% increase, without factoring in continued revenue growth [3].
References:
[1] https://finance.yahoo.com/news/davita-dva-confirms-ransomware-attack-043319041.html
[2] https://www.scworld.com/brief/toll-of-davita-ransomware-hack-reaches-2-7m
[3] https://finance.yahoo.com/news/davita-inc-dva-bull-case-135339640.html
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