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Dialyze Direct Signs Letter of Intent to Acquire Compass Home Dialysis

BROOKLYN, N.Y.–(BUSINESS WIRE)–#AcquisitionDialyze Direct, the nation’s leading provider of home hemodialysis services in skilled nursing facilities (SNFs), announced today that it has signed a letter of intent (LOI) to acquire Compass Home Dialysis, a regional dialysis provider in Pennsylvania with on-site dialysis services in nine SNFs as well as an outpatient dialysis clinic.

The proposed acquisition comes on the heels of Dialyze Direct’s recent acquisition of Renew Dialysis, a regional SNF dialysis provider in Ohio and Virginia, and solidifies its position as the leading SNF dialysis provider in the U.S. with on-site dialysis services in more than 130 SNFs across 13 states prior to the proposed transaction.

“We are very pleased that Compass presented us with this strategic opportunity, and we believe that their commitment to ensuring a consistently superior patient experience makes them an ideal partner as we continue to expand the Dialyze Direct footprint,” said Henry Kauftheil, Chief Executive Officer and Co-Founder of Dialyze Direct.

The proposed transaction represents a strong strategic fit aligned with Dialyze Direct’s vision and accelerates Dialyze Direct’s nationwide growth. The proposed acquisition is also expected to achieve operating synergies and cost savings in the integration of the acquired business.

“Compass is a dialysis provider with a patient-first approach to care, and we believe that Dialyze Direct is the right partner to take our patient care model to the next level in order to meet the unique needs of today’s underserved market,” said Efraim Elchonen, Compass’s Chief Executive Officer. “The company and team that we built here at Compass is defined in its commitment to care, and this opportunity will stand to embolden that resolve through the strength and leadership of the Dialyze Direct brand,” said Jeremy Graves, Compass’s Chief Operating Officer.

“We are confident that Compass’s patients will receive the highest caliber of care from Dialyze Direct,” added Ari Karoly, Partner at Walnut Court Capital, Compass’s financial sponsor. “We are excited to partner with the industry leader in the SNF home dialysis market given their extensive hospital and payor relationships and their national scale.”

The LOI sets out the principal terms on which the parties have agreed to complete the proposed transaction. Subject to customary approvals and confirmatory due diligence, the parties intend to enter into a definitive agreement with respect to the transaction on or before February 28, 2022.

About Dialyze Direct:

Founded in 2015, Dialyze Direct is a leading kidney care innovation company that seeks breakthrough solutions for patients suffering from kidney disease. With a mission to build the next generation of kidney care, Dialyze Direct leverages its leading nephrology specialists to develop new methods and technology to evolve the treatment options nephrologists have at their disposal. Dialyze Direct pioneered significant changes to the existing treatment model for dialysis patients in skilled nursing facilities (SNFs), in which many of the most medically challenging subsets of dialysis patients reside, and has grown to become the nation’s largest provider of home dialysis in the SNF setting. Dialyze Direct’s innovative staff-assisted home hemodialysis treatment model entails a gentler, personalized treatment plan comprised of meticulously crafted protocols designed to tackle the unique fluid management challenges of geriatric dialysis patients, resulting in increased overall patient health and reduced hospitalizations while substantially decreasing costs for payors. Dialyze Direct currently operates in 13 states with new operations launching soon in additional states.

About Compass Home Dialysis:

Compass Home Dialysis is an End Stage Renal Disease (ESRD) dialysis organization with a patient-first approach to providing quality-of-life improving dialysis programs to patients in Pennsylvania. With programs ranging from skilled nursing facility (SNF) dialysis programs to in-center hemodialysis programs, and transitional outpatient dialysis programs, the vision of Compass Home Dialysis rests in the idea that every dialysis patient is deserving of individualized care, tailored to their needs and not the needs of the dialysis provider.


Zumado Public Relations

Nicholas Gaffney



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