Cano Health, LLC

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Cano Health, LLC - overview

Established

2009

Location

Miami, FL, US

Primary Industry

Healthcare

About

Cano Health, LLC, based in Miami, US, is a healthcare company that delivers comprehensive medical services, including primary care, wellness programs, and pediatric services through its extensive network of medical centers. Cano Health is focused on providing healthcare solutions tailored to diverse patient needs. Founded in 2009 in Miami, US, the firm has engaged in four notable deals, with the most recent transaction occurring on February 4, 2024. The company operates independently without subsidiaries or parent companies.


Mark Kent, Marlow Cano serves as the CEO. Cano Health primarily offers a robust suite of healthcare services designed for its patient population. The company specializes in primary care, wellness programs, pediatric services, and transportation assistance, all delivered through a network of medical centers. Patients can access a Patient Portal for managing medical records, appointment scheduling, and communication with healthcare professionals.


Cano Health serves the Florida market with locations in Miami-Dade, Broward, Palm Beach, and Tampa, meeting the needs of families, children, and individuals requiring ongoing healthcare support. Cano Health generates revenue through direct patient services and partnerships with healthcare providers and insurers. Transactions are generally conducted on a fee-for-service basis, billing patients or their insurance for services provided, including office visits and wellness checks. The company employs various pricing structures, encompassing standard copayments for individual visits and subscription models for ongoing primary care services.


This approach solidifies long-term relationships with patients and supports a steady revenue stream aligned with health outcomes. In February 2024, Cano Health, LLC filed for Chapter 11 bankruptcy. Future growth strategies may involve restructuring efforts and focusing on core services. Although specific product launches and market expansions are not detailed, the company's recent financial restructuring may influence its operational direction moving forward.


Current Investors

Onsite Dental LLC, InTandem Capital Partners

Primary Industry

Healthcare

Sub Industries

Drug Stores/Convenience Stores, Hospitals, Clinics/Outpatient Services

Website

www.canohealth.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Cano Health, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Bankruptcy/Write-offCompletedCano Health, LLC-
Private DebtCompletedCano Health, LLC-
Add-onCompletedCano Health, LLC-
Add-onCompletedDoctor's Medical Center, LLC-
Add-onCompletedUniversity Health Care, Inc.-

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