CareMax, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:55 am EST
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CareMax, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 201.84 million compared to USD 157.67 million a year ago. Net loss was USD 103.12 million compared to USD 22.05 million a year ago. Basic loss per share from continuing operations was USD 27.6 compared to USD 7.5 a year ago. Diluted loss per share from continuing operations was USD 27.6 compared to USD 7.5 a year ago.
For the nine months, revenue was USD 599.27 million compared to USD 466.87 million a year ago. Net loss was USD 217.58 million compared to USD 48.23 million a year ago. Basic loss per share from continuing operations was USD 58.5001 compared to USD 16.5 a year ago. Diluted loss per share from continuing operations was USD 58.5001 compared to USD 16.5 a year ago.
CareMax, Inc. is a technology-enabled care platform providing value-based care and chronic disease management through physicians and health care professionals committed to the overall health and wellness continuum of care for its patients. It operates over 56 centers and managed affiliated providers across 10 states that offer a suite of healthcare and social services, and a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows for physicians across the United States. Its CareOptimize is an end-to-end technology platform that aggregates and analyzes data using proprietary algorithms and machine learning to support more informed care delivery decisions and to focus care decisions on preventative chronic disease management and the social determinants of health. The Company offers 24/7 access to care through employed providers and provides a comprehensive suite of high-touch health care and social services for its patients.
CAREMAX, INC. 
