CareMax

CareMax, Inc. provides medical services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation. The company also provides CareOptimize, a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows. The company was founded by Carlos de Solo and Alberto de Solo in 2011, and is headquartered in Miami, FL.

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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CareMax exceeds revenue expectations, eyes growth in new markets

CareMax's Q4 2022 earnings call highlighted strong performance, operational successes, and growth prospects. Despite cash flow challenges and payment delays, the company remains optimistic about future opportunities and expansion plans. Integration efforts post-Steward acquisition are progressing well.

CareMax (CMAX) surpasses Q1 revenue expectations, focuses on quality care

CareMax (CMAX) delivered strong financial performance in Q1 2023, exceeding revenue expectations and focusing on quality care initiatives.
Despite challenges such as a high medical expense ratio and net loss, the company is on track with integration efforts and growth strategies.
Opportunities for CareMax include achieving a 5-star rating, driving membership growth, and improving cash flow for financial stability.

CareMax surpasses 100,000 Medicare members, faces financial challenges

CareMax's Q2 performance reflects strong membership growth and revenue generation, despite challenges with prior year developments impacting financial metrics.
The company's strategic strengths lie in reducing specialty leakage, expanding service offerings, and enhancing care coordination through new programs.
While facing challenges such as data migration issues and financial inquiries, CareMax remains optimistic about future growth opportunities and performance.

CareMax reports strong Q3 performance, eyes sustainable cash flow by 2024

CareMax's Q3 2023 performance showcased growth in membership and revenue, with a focus on optimizing cost structure and care management programs. Challenges include managing costs and addressing prior period developments, while opportunities lie in building positive momentum and achieving sustainable free cash flow by 2024.

CareMax reports challenges in 2023, focuses on operational excellence

CareMax navigated challenges in 2023 through cost-saving initiatives and strategic financial planning, focusing on operational excellence and long-term value creation.
Despite negative adjusted EBITDA, the company achieved a 5-star quality rating and aims to optimize business for liquidity preservation and future growth.
Actively addressing data accuracy issues and aligning strategies to enhance operational efficiency and drive financial performance in 2024.

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CareMax, Inc. provides medical services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation. The company was founded by Carlos de Solo and Alberto de Solo in 2011, and is headquartered in Miami, FL.

CareMax, Inc. (NASDAQ:CMAX ) Q2 2022 Results Conference Call August 9, 2022 8:30 AM ET Company Participants Samantha Swerdlin - VP, IR Carlos de Solo - CEO Kevin Wirges - CFO Conference Call Participants Andrew Mok - UBS Josh Raskin - Nephron Research Taji Phillips - Jefferies Jessica Tassan - Piper Sandler Operator Good day, and welcome to the CareMax, Inc. Second Quarter 2022 Financial Results Conference Call. Please note, today's conference is being recorded.

CareMax, Inc. (CMAX) CEO Carlos de Solo on Q2 2022 Results - Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today financial results for the second quarter ended June 30, 2022. “Our strong second quarter results reflect disciplined execution of our strategy and continued growth of our whole-person health model. As a result of our performance year-to-date, we are increasing our full-year membership and revenue outlook,” said Carlos de Solo, Chief Executive Officer

CareMax, Inc. Reports Second Quarter 2022 Results; Raises Full Year Medicare Advantage Membership and Revenue Outlook

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced that it will release its financial results for the second quarter 2022 before the opening of the financial markets on Tuesday, August 9, 2022, and host a conference call at 8:30 am Eastern Time the same day to discuss the results. The conference call can be accessed by dialing (888) 440-6519 for U.S. participants, or (646) 960-0384 for internat

CareMax, Inc. Schedules Second Quarter 2022 Earnings Conference Call

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Prologis

VMware

NEW YORK , July 15, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: VMware, Inc. (NYSE: VMW) 's  sale to Broadcom Inc. Under the terms of the merger, VMware shareholders may elect to receive either $142.50 in cash or 0.2520 shares of Broadcom common stock for each share of VMware they own. The shareholder election is subject to proration.

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates VMW, CMAX, PLD, EGY

DALLAS--(BUSINESS WIRE)--Steward Health Care announced the appointment of Rubén José King-Shaw Jr to its Board of Directors.

Steward Health Care Appoints Rubén José King-Shaw Jr to Its Board of Directors

Goldenstone Acquisition Ltd

Natus Medical Inc

US Well Services

NEW YORK , June 23, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: U.S. Well Services, Inc. (NASDAQ: USWS)'s sale to ProFrac Holding Corp. Under the terms of the merger agreement, USWS shareholders will receive 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock they own. If you are a USWS shareholder, click here to learn more about your rights and options.

INVESTIGATION NOTICE: Halper Sadeh LLP Investigates USWS, GDST, NTUS, CMAX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Steward Health Care System to CareMax, Inc. (“the Company”) (NasdaqGS: CMAX). Under the terms of the proposed transaction CareMax will pay $25 million in cash and issue 23.5 million shares of CareMax's Class A common stock to the equityholders of Steward at closing, subject to customary adjustments. In additio

CAREMAX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates CareMax, Inc- CMAX

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that members of senior management are scheduled to participate in a fireside chat at the Jefferies Healthcare Conference in New York City on Thursday, June 9, 2022 at 4:00 pm EDT. A live webcast and replay of the event will be available on CareMax's investor relations website at ir.caremax.com. About CareMax CareMax is a technology-enable

CareMax, Inc. to Present at the Jefferies Healthcare Conference

NEW YORK , June 1, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CareMax, Inc. ("CareMax" or the "Company") (NASDAQ: CMAX), in connection with the proposed transaction with Steward Health Care System ("Steward"). Upon completion of the transaction, CareMax will pay $25 million in cash and issue 23.5 million shares of CareMax's Class A common stock to the equity holders of Steward.

SHAREHOLDER ALERT: Weiss Law Investigates CareMax, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of CareMax, Inc. (NASDAQ: CMAX) and Steward Health Care System is fair to CareMax shareholders. Halper Sadeh encourages CareMax shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether CareMax and its board violated the

CMAX STOCK ALERT: Halper Sadeh LLP Is Investigating Whether the Merger of CareMax, Inc. Is Fair to Shareholders

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX) (“CareMax” or the “Company”), a leading technology-enabled provider of value-based care to seniors, and Steward Health Care System (“Steward”), the parent of one of the nation's largest accountable care organizations (“ACOs”) with more than 6,600 providers and 43,000 healthcare professionals, today announced a definitive merger agreement pursuant to which CareMax will acquire the Medicare value-based care business of Steward for a combination

CareMax, Inc. to Acquire Medicare Value-Based Care Business of Steward Health Care System

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that senior management is scheduled to participate in a fireside chat at the UBS Global Healthcare Conference 2022 in New York City on Wednesday, May 25, 2022 at 8:30 am EST. A live webcast and replay of the event will be available on CareMax's investor relations website at ir.caremax.com. About CareMax CareMax is a technology-enabled car

CareMax, Inc. to Present at the UBS Global Healthcare Conference 2022

CareMax, Inc. (NASDAQ:CMAX ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Samantha Swerdlin - VP, IR Carlos de Solo - CEO Kevin Wirges - CFO Conference Call Participants Andrew Mok - UBS Investment Bank Joshua Raskin - Nephron Research Jack Slevin - Jefferies Jessica Tassan - Piper Sandler Gary Taylor - Cowen and Company Operator Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today.

CareMax, Inc. (CMAX) CEO Carlos de Solo on Q1 2022 Results - Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today financial results for the first quarter ended March 31, 2022. “We had a strong start to the year and continue to execute on our strategy of maintaining profitable growth in our core markets while opening de novo centers in new markets” said Carlos de Solo, Chief Executive Officer. “Our entry into the Memphis, Tennessee and New York City markets is th

CareMax, Inc. Announces First Quarter 2022 Financial Results

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that it will release its financial results for the first quarter ended March 31, 2022, before the opening of the financial markets on Tuesday, May 10, 2022. Management will host a conference call that morning at 8:30 am ET to discuss the results and business activities. A live audio webcast and replay of the event will be available on the

CareMax, Inc. Schedules First Quarter 2022 Earnings Conference Call

MIAMI--(BUSINESS WIRE)--Ben Quirk, Chief Strategy Officer of CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, is among Modern Healthcare's 2022 class of Top Innovators. Modern Healthcare annually recognizes leaders who are instituting innovation and leading transformative programs that improve care by achieving measurable results and contributing to the clinical and financial goals of their organization. “The healthcare indus

Ben Quirk of CareMax Named to Modern Healthcare's Top 25 Innovators List

CareMax, Inc. (CMAX) CEO Carlos de Solo on Q4 2021 Results - Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today financial results for the fourth quarter and full year ended December 31, 2021. “We delivered 2021 membership ahead of expectations, despite COVID headwinds, and continue to demonstrate the effectiveness of our model in delivering value-based whole person healthcare,” said Carlos de Solo, Chief Executive Officer. “We are excited for the year ahead as

CareMax Inc. Announces Fourth Quarter and Full Year 2021 Financial Results

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today the Company's participation at the following investor conferences in March: Cowen's 42nd Annual Health Care Conference Wednesday, March 9, 2022 at 9:10 am ET Fireside Chat Barclays Global Healthcare Conference Wednesday, March 16, 2022 at 3:50 pm ET Presentation Live webcasts and replays of each event will be available on the “Events &amp

CareMax, Inc. to Present at Upcoming Investor Conferences

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2021 before the opening of the financial markets on Tuesday, March 8, 2022. Management will host a conference call that morning at 8:30 am ET to discuss the results and business activities. Interested parties may participate in the call by d

CareMax, Inc. Schedules 2021 Fourth Quarter and Full Year Financial Results Conference Call

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, today announced the appointment of Mr. Jose R. Rodriguez as Chair of CareMax's board of directors, to succeed Mr. Richard A. Barasch, who has resigned from the Board. Mr. Rodriguez has served as a member of CareMax's board of directors since June 2021 and previously served as CareMax's Lead Independent Director. Mr. Barasch will continue to serve as an a

CareMax, Inc. Announces Board Leadership Transition

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that Carlos de Solo, President & CEO of CareMax, is scheduled to present at the 40th Annual J.P. Morgan Healthcare Conference on Thursday, January 13, 2022 at 12:00 pm EST. A live webcast and replay of the event will be available on CareMax's investor relations website at ir.caremax.com. About CareMax CareMax is a technology-enabled c

CareMax, Inc. to Present at the 40th Annual J.P. Morgan Healthcare Conference

CareMax (CMAX) has been struggling lately, but the selling pressure may be coming to an end soon.

CareMax (CMAX) Sees Hammer Chart Pattern: Time to Buy?

MIAMI--(BUSINESS WIRE)--CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today that Carlos de Solo, President & CEO, Kevin Wirges, Chief Financial Officer, and Ben Quirk, Chief Strategy Officer, will participate in the Piper Sandler 33rd Annual Virtual Healthcare Conference taking place November 29 to December 2, 2021. A pre-recorded fireside chat is available at CareMax's investor relations website at ir.carema

CareMax, Inc. to Present at the Piper Sandler 33rd Annual Virtual Healthcare Conference

CareMax, Inc. (CMAX) CEO Carlos de Solo on Q3 2021 Results - Earnings Call Transcript

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