Cano Health Provides Update on Third Quarter 2023 10-Q Filing
Cano Health Blog
by kbulgado
6M ago
MIAMI, Nov. 9, 2023 /PRNewswire/ — Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO), a leading value-based primary care provider and population health company, provided the following update regarding the filing of its Q3 2023 Quarterly Report on Form 10-Q: Due to technical difficulties, Cano Health’s Q3 2023 Form 10-Q was accepted for filing by the SEC’s EDGAR filing system at 5:45 P.M. on Thursday, November 9, 2023. As the filing was made shortly after the SEC’s 5:30 P.M. deadline, due to the SEC’s observance of Veteran’s Day on Friday, Novemb ..read more
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Cano Health Announces Financial Results for the Third Quarter 2023
Cano Health Blog
by kbulgado
6M ago
MIAMI, Nov. 9, 2023 /PRNewswire/ — Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO), a leading value-based primary care provider and population health company, today announced financial results for the third quarter ended September 30, 2023. Executive Management Highlights Third quarter results reflect improved performance and stability in the Medicare Advantage business due to operational enhancements and third-party medical cost initiatives Targeting over $100 million in annualized third-party medical cost reductions by the end of 2024 through me ..read more
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Cano Health Announces Consummation of Previously-Announced 1-for-100 Reverse Stock Split
Cano Health Blog
by kbulgado
6M ago
MIAMI, Nov. 2, 2023 /PRNewswire/ — Cano Health, Inc. (“Cano Health” or the “Company“) (NYSE: CANO) today announced that it completed a 1-for-100 reverse stock split of its shares Class A common stock and Class B common stock, including both issued and outstanding and unissued shares, following approval by the Company’s stockholders and its Board of Directors (the “Reverse Stock Split“). Discussing the preliminary vote tabulation from the Company’s special stockholders’ meeting held earlier today, Solomon Trujillo, Chairman of the Board said, “The Board and management a ..read more
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Cano Health Announces Date to Report Third Quarter 2023 Results
Cano Health Blog
by kbulgado
6M ago
MIAMI, Nov. 1, 2023 /PRNewswire/ — Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO), a leading value-based primary care provider and population health company, will release its financial results for the third quarter 2023 after the market closes on Thursday, November 9, 2023, and will host a conference call at 5:00 PM Eastern Time the same day to review its business and financial results. To access the live call and webcast, please dial (888) 660-6359 for U.S. participants, or (929) 203-0867 for international participants, referencing the Cano Healt ..read more
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Cano Health Announces Change in Chief Financial Officer Role
Cano Health Blog
by kbulgado
6M ago
MIAMI, Sept. 29, 2023 /PRNewswire/ — Cano Health, Inc. (“Cano Health”) (NYSE: CANO) today announced that Eladio Gil has been appointed Interim Chief Financial Officer, effective September 29, 2023. Mr. Gil, who previously served as Cano Health’s Vice President of Medicare Advantage Finance, succeeds Brian Koppy, who has stepped down to accept an opportunity outside the organization. Mr. Gil is a seasoned finance executive with more than 30 years of comprehensive healthcare experience. Before joining Cano Health, Mr. Gil served as the Chief Financial Officer o ..read more
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Cano Health sells substantially all of its Primary Care Centers in Texas & Nevada to CenterWell Senior Primary Care
Cano Health Blog
by LOliva
6M ago
MIAMI, FL, September 26, 2023 /PRNewswire/— Cano Health, Inc. (“Cano Health”) (NYSE: CANO) today announced that it sold substantially all of the assets associated with the operation of Cano Health’s senior-focused primary care centers in Texas and Nevada to CenterWell Senior Primary Care (“CenterWell”). The total value of the transaction to Cano Health is approximately $66.7 million, consisting of approximately $35.4 million in cash paid at closing (of which approximately $1.9 million was withheld for satisfaction of potential indemnification claims), plus the release of certain liabilities ow ..read more
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Cano Health Announces Financial Results for the Second Quarter 2023
Cano Health Blog
by LOliva
6M ago
Cano Health is pursuing a process to sell the Company   The Company plans to exit operations in California, New Mexico and Illinois by the fall of 2023, and Puerto Rico by January 1, 2024   MIAMI, August 10, 2023 /PRNewswire/– Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO), a leading value-based primary care provider and population health company, today announced financial results for the second quarter ended June 30, 2023.   Second Quarter 2023 Financial Results • Total membership of 381,066 including 205,696 Medicare capitated members, an increase of 35% and 2 ..read more
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Cano Health Announces Date to Report Second Quarter 2023 Results
Cano Health Blog
by LOliva
6M ago
MIAMI, FL July 25, 2023 /PRNewswire/– Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO), a leading value-based primary care provider and population health company, will release its financial results for the second quarter 2023 after the market closes on Wednesday, August 9, 2023, and will host a conference call at 5:00 PM Eastern Time the same day to review its business and financial results. To access the live call and webcast, please dial (888) 660-6359 for U.S. participants, or (929) 203-0867 for international participants, referencing the Cano Health Second Quarter 2023 Earni ..read more
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Summer Survival Kit: Essential Items for a Fun and Stress-Free Season
Cano Health Blog
by LOliva
6M ago
The summer season brings with it sunshine, warmth, and a sense of adventure. Whether you’re planning a beach getaway, embarking on outdoor activities, or simply enjoying the longer days,  it’s essential to have a summer survival kit by your side.   Don’t worry! We have created a Summer Survival Kit just for you:    Sunscreen: Your Skin’s Best Friend The scorching summer sun demands proper protection, making sunscreen the first and most crucial item in your survival kit. Choose a broad-spectrum sunscreen with a high SPF to shield your skin from harmful UV ra ..read more
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