CareMax Acquires Steward Health Care's Medicare Value-Based Care Business
November 11, 2022
CareMax, Inc. completed the acquisition of the Medicare value-based care business of Steward Health Care System, including a Direct Contracting Entity and two MSSP ACOs. The deal expands CareMax's network to ~2,000 providers and over 200,000 senior value-based care patients across 10 states (30 markets) and establishes CareMax as a leading independent senior-focused value-based care platform.
- Buyers
- CareMax, Inc.
- Targets
- Medicare value-based care business of Steward Health Care System
- Sellers
- Steward Health Care System
- Industry
- Healthcare Services
- Location
- Texas, United States
- Transaction Type
- Divestiture
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