CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leader in technology-enabled value-based care for seniors, has scheduled a virtual Analyst & Investor Day on September 9, 2021, from 9:30 to 11:30 am EST. The event will feature insights from the leadership team regarding the company's corporate strategy, growth initiatives, technology advancements, and financial performance, concluded with a Q&A session. Interested parties can access the live webcast and presentation materials at ir.caremax.com.
CareMax, Inc. (CMAX, CMAXW) reported Q2 2021 financial results with total revenue of $44.9 million, resulting in a net loss of $7.4 million or $0.26 per diluted share. The company anticipates opening at least 75 new centers within three years and recently acquired Senior Medical Associates. Pro forma revenue was $97.8 million, with adjusted EBITDA of $1.5 million impacted by COVID-related challenges. CareMax serves approximately 61,500 members, including 21,500 Medicare Advantage members, and plans to expand operations in Florida.
CareMax, Inc. (NASDAQ: CMAX; CMAXW) has entered a collaboration agreement with Anthem to establish approximately 50 medical centers focusing on value-based care for seniors in several states including Indiana and Texas. This initiative aims to improve patient outcomes by allowing patients to engage more with healthcare providers. Additionally, Anthem plans to transition retired workers into value-based arrangements starting January 1, 2022, under a contract with Empire BlueCrossBlueShield.