Doctor's Medical Center Update
Company Overview
- Doctor's Medical Center ("DMC") is a value-based primary care provider group in Florida
- Strategic rationale for the transaction includes:
- Increases capacity for Medicare Advantage members at existing Cano Health centers
- Leverages DMC's Medicaid services for Cano Health's Medicaid members
- Provide targeted services in specialized Medicaid medical centers appropriate to its pediatric and adult members
- Builds upon Cano Health's strong relationship with Humana
DMC Key Metrics
$300mm | 7/2 | $194mm | $22mm |
Purchase Price | Deal Closing Date | Standalone Full-year | Standalone Full-year |
2021 Revenue | 2021 EBITDA | ||
Key Stats | |||
7K | 31K | 14K |
Medicare Advantage members | Medicaid members | ACA (Exchange) members |
18 | 55 | 50% |
medical centers | employed providers | of Medicaid population |
is Pediatric |
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Disclaimer
Cano Health Inc. published this content on 06 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2021 10:37:00 UTC.