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Cano Health completed the acquisition of Doctor's Medical Center for $300m.

Synopsis

Cano Health, a value-based primary care provider for seniors and underserved communities, completed the acquisition of Doctor's Medical Center, a non-profit health organization, for $300m. "Cano Health is on a mission to become America's Primary Care, and today's acquisition brings us one step closer to that important goal. The DMC team has served the South Florida region for nearly 25 years, evolving its clinical platform to meet the diverse care needs of the community. With DMC as part of the Cano Health family, we are bringing our care model to more patients and acquiring important footprint and infrastructure to further improve the clinical outcomes of underserved patients," Marlow Hernandez, Cano Health CEO.

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