CareMax

CareMax

CareMax is a Medicare Advantage organization with a full complement of health and wellness services for the senior population. Learn more

Launch date
Employees
Market cap
CAD10.6m
Enterprise valuation
CAD688m (Public information from Sep 2024)
Miami Florida (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues103m296m631m751m772m1.1b1.3b
% growth-186 %113 %19 %3 %38 %18 %
EBITDA11.2m(34.9m)(6.7m)(67.0m)(42.3m)(3.4m)34.2m
% EBITDA margin11 %(12 %)(1 %)(9 %)(5 %)-3 %
Profit7.6m(6.7m)(37.8m)(683m)(130m)(113m)(66.9m)
% profit margin7 %(2 %)(6 %)(91 %)(17 %)(11 %)(5 %)
EV / revenue2.7x2.5x0.9x0.5x0.5x0.5x0.5x
EV / EBITDA25.1x-21.1x-88.2x-5.6x-9.5x-166.1x17.4x
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DateInvestorsAmountRound
N/A

N/A

IPO

$400m

Post IPO Equity

$310m

Post IPO Debt
N/A

$21.9m

Post IPO Equity
N/A

$1.0m

Post IPO Equity
Total Funding-

Recent News about CareMax

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More about CareMaxinfo icon
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CareMax operates a network of 13 medical centers in Florida, providing high-quality, white glove medical services. The company focuses on proactive and preventative healthcare to promote healthy living, primarily serving Medicare Advantage members. CareMax collaborates with health plans to align goals and optimize care through innovative technology, processes, and a team of top-quality clinicians. The business model revolves around offering comprehensive healthcare services that include emergency care and prescription drug coverage, ensuring seamless integration with existing provider relationships. Revenue is generated through contracts with Medicare and private insurance companies.

Keywords: Medicare Advantage, preventative care, white glove service, Florida, top clinicians, health plans, innovation, technology, comprehensive care, seamless integration.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by CareMax

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Steward Health Care
ACQUISITION by CareMax Jun 2022
Senior Medical Associates
ACQUISITION by CareMax Jun 2021
DNF Medical Centers
ACQUISITION by CareMax Sep 2021