CareMax, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 11:55 am
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CareMax, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 224.44 million compared to USD 172.28 million a year ago. Net loss was USD 32.38 million compared to USD 9.38 million a year ago. Basic loss per share from continuing operations was USD 8.7 compared to USD 3.3 a year ago. Diluted loss per share from continuing operations was USD 8.7 compared to USD 3.3 a year ago.
For the six months, revenue was USD 397.42 million compared to USD 309.2 million a year ago. Net loss was USD 114.46 million compared to USD 26.18 million a year ago. Basic loss per share from continuing operations was USD 30.9 compared to USD 9 a year ago. Diluted loss per share from continuing operations was USD 30.9 compared to USD 9 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. 
