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Announced

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CenterWell to acquire a primary care centers in Texas and Nevada of Cano Health for $67m.

Synopsis

CenterWell, a healthcare company, agreed to acquire a primary care centers in Texas and Nevada of Cano Health, a high-touch, technology-powered healthcare company, for $67m. "We are excited to be taking one of our many planned steps in our previously-announced strategy to gain greater efficiency by refining our footprint and focusing on improving our operational and medical cost performance across our Florida market. The net cash proceeds from this sale strengthen our balance sheet, allowing us to continue executing on our plan and supporting our mission of providing market-leading primary care. We appreciate CenterWell recognizing the value that Cano Health created in Texas and Nevada and look forward to them continuing to deliver high quality care for our patients there," Mark Kent, Cano Health CEO.

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