Cano Health Acquires Doctor's Medical Center for $300M

July 6, 2021

Cano Health, Inc. acquired Doctor's Medical Center (DMC), a South Florida primary care provider operating 18 medical centers, for $300 million in cash on July 2, 2021. The deal expands Cano Health's membership and Florida footprint, adding significant Medicaid and ACA membership and increasing capacity for Medicare Advantage members.

Buyers
Cano Health, Inc.
Targets
Doctor's Medical Center
Location
Florida, United States
Transaction Type
Buyout

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