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DVA - DaVita falls 10% after Supreme Court ruling in dialysis coverage case
DaVita Inc.
The shares of dialysis provider DaVita (NYSE:DVA) dropped more than 10% in the morning hours Tuesday after the Supreme Court sided with a health insurer in a legal dispute over health insurance reimbursements for kidney dialysis. Issuing the ruling, the Supreme Court rejected a claim from DaVita (DVA) that insurer's low reimbursement rates violated federal law. This is a developing story. Check back for more updates.