CareMax, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 11:57 am
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CareMax, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 157.67 million compared to USD 104.62 million a year ago. Net loss was USD 22.05 million compared to USD 14.48 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.25 compared to USD 0.18 a year ago.
For the nine months, revenue was USD 466.87 million compared to USD 177.46 million a year ago. Net loss was USD 48.23 million compared to USD 3.12 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 0.08 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. 
