Cano Health Explores Sale of Non-Core Assets to Focus on Medicare Advantage

Primary care provider Cano Health is looking to sell certain non-core assets so it can focus on its Medicare Advantage business. The membership-based company’s announcement that it was exploring strategic alternatives for its non-core segment came Tuesday as it reported first-quarter earnings. Of the company’s 388,667 members, 140,366 are through Medicare Advantage plans. The company also has members through the Medicare Accountable Care Organization Reach model as well as Medicaid and Affordable Care Act plans.

Read the full article: Cano Health Explores Sale of Non-Core Assets to Focus on Medicare Advantage //

Source: https://www.modernhealthcare.com/finance/cano-health-medicare-advantage-business-solomon-trujillo

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