Phosphorus deficiency hemoglobinuria, also known as red water disease, is a hemolytic disease affecting dairy cattle around calving. It is characterized by intravascular hemolysis and severe anemia, which can lead to death. Clinical signs include hemoglobinuria, weakness, inappetence, and reduced milk yield. Diagnosis is based on dark red-brown urine despite the absence of red blood cells, along with anemia and hypophosphatemia. Treatment involves intravenous and oral phosphorus supplementation along with fluid therapy. Prevention focuses on ensuring adequate phosphorus intake in early lactation and correcting copper deficiencies.