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Baxter Renal Services Divestment May Strengthen Home Health Care Business

This article was originally published in The Gray Sheet

Executive Summary

Baxter International aims to expand its peritoneal and hemodialysis product offerings, particularly in the home setting, following a planned divestiture of the majority of its renal dialysis services

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Baxter renal replacement

Promotion of 30-year Baxter veteran Carlos de Salto to division president marks most recent move to revitalize business, as former Renal President Al Heller resigns to become a life sciences advisor to One Equity Partners. In 2002, Baxter initiated divestiture of the majority of its renal dialysis services, in favor of strengthening peritoneal and home dialysis offerings (1"The Gray Sheet" Dec. 9, 2002, p. 19)...

Baxter renal replacement

Promotion of 30-year Baxter veteran Carlos de Salto to division president marks most recent move to revitalize business, as former Renal President Al Heller resigns to become a life sciences advisor to One Equity Partners. In 2002, Baxter initiated divestiture of the majority of its renal dialysis services, in favor of strengthening peritoneal and home dialysis offerings (1"The Gray Sheet" Dec. 9, 2002, p. 19)...

Baxter Profit Pressures Lead To Expanded Restructuring, SEC Probe

Baxter expects to save $120-$160 mil. annually upon completion of a revised restructuring plan that includes the closure of 30 facilities and downsizing its workforce by 6%, or 3,200 employees

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