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Price: $2.3000
$-0.05 
-2.128%
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| Day's High:
| $2.46
| Week Perf:
| -16.67 %
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| Day's Low: |
$ 2.18 |
30 Day Perf: |
-44.31 % |
| Volume (M): |
173 |
52 Wk High: |
$ 19.67 |
| Volume (M$): |
$ 397 |
52 Wk Avg: |
$7.76 |
| Open: |
$2.39 |
52 Wk Low: |
$1.74 |
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| Market Capitalization (Millions $) |
12 |
| Shares
Outstanding (Millions) |
5 |
| Employees |
2,700 |
| Revenues (TTM) (Millions $) |
2,955 |
| Net Income (TTM) (Millions $) |
-1,517 |
| Cash Flow (TTM) (Millions $) |
133 |
| Capital Exp. (TTM) (Millions $) |
15 |
Cano Health Inc
Cano Health Inc.
is a healthcare provider based in Miami, Florida, dedicated to providing high-quality, affordable medical care to patients in underserved communities.
The company was founded in 2009 by Dr.
Marlow Hernandez, a physician who was inspired to create a new model of healthcare that would address the growing need for accessible, patient-centered care.
Today, Cano Health is one of the fastest-growing healthcare companies in the United States and serves over 100,000 patients in Florida, Texas, Nevada, New Jersey, and Puerto Rico.
Cano Health is committed to addressing the unique healthcare needs of seniors in underserved communities, offering a wide range of medical services, including primary care, specialty care, and wellness services.
The company's primary care services include routine physical exams, preventative screenings, and chronic disease management, while its specialty care services include cardiology, gastroenterology, neurology, and ophthalmology, among others.
One of the core principles of Cano Health's operations is its emphasis on patient-centered care.
The company employs a team-based approach to healthcare, ensuring that patients receive the personalized care they need based on their individual health needs and goals.
Each patient is assigned a dedicated care team that includes a primary care physician, a nurse practitioner or physician assistant, and a care coordinator.
This team works together to develop a customized care plan that addresses the patient's unique health needs and goals.
Cano Health remains committed to making its services affordable and accessible to all patients, regardless of their financial situation.
The company accepts most major insurance plans, including Medicare, Medicaid, and commercial insurance.
Additionally, Cano Health offers its own plan, the Cano Health Medicare Advantage plan, which provides comprehensive healthcare coverage for seniors.
In recent years, Cano Health has received numerous awards and recognitions for its commitment to quality patient care and innovative healthcare delivery models.
The company was named one of the fastest-growing private companies in the United States by Inc.
Magazine, and it has also been recognized by the Economic Development Council of Miami-Dade County for its contributions to the local economy.
Overall, Cano Health is a healthcare provider that is dedicated to providing high-quality, patient-centered medical care to seniors in underserved communities.
With its team-based approach to healthcare and commitment to accessibility and affordability, Cano Health is helping to address some of the most pressing healthcare needs of our time.
Company Address: 9725 NW 117th Avenue Miami 33178 FL
Company Phone Number: 226-6633 Stock Exchange / Ticker: CANO
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| Stock Performances by Major Competitors |
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| Cano Health Inc
Cano Health Inc is a leading healthcare company that focuses on providing primary care services to the underserved population in the United States. The company's mission is to improve access to quality healthcare for all, regardless of income or insurance status. Cano Health operates a network of medical centers that offer a wide range of healthcare services, including primary care, specialty care, diagnostics, and pharmacy services.
However, the company has been facing challenges in recent years, with weak demand causing a significant growth in losses for the financial period closing March 31, 2024. Cano Health Inc reported a net loss per share of $-91.10, which is a significant increase from the previous year's net loss per share of $-12.00. Additionally, revenue dropped by -21.05% to $684.43 million from $866.91 million in the previous year, indicating a decline in demand for the company's services.
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| Cano Health Inc
Investors in Cano Health Inc may have seen a slight decline in revenue growth and an increase in net deficit per share in the most recent fiscal period, but there are still positive aspects to consider. Despite the reported losses, the company managed to narrow its deficit from the previous quarter and the corresponding quarter a year ago. The revenue increase of 5.271% to $716.03 million is also a promising sign of growth.
While the healthcare facilities industry as a whole saw a revenue rise of 12.93% in the fourth quarter of 2022, Cano Health Inc's revenue growth may have lagged behind, but it still managed to show positive progress. Additionally, the company's announcement of a deficit of $1,098.90 million and revenue of $3.14 billion in the fiscal period 2023 shows potential for continued growth and expansion.
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| Cano Health Inc
Cano Health Inc, a healthcare facilities company, has experienced a sharp decline in its financial performance in the fiscal period ending September 30, 2023. With a staggering deficit per share of $-91.87, compared to $-0.23 in the previous year, and a significant increase in deficit from the prior reporting period, it is evident that Cano Health Inc is facing significant challenges. This article aims to delve into the reasons behind this decline and the potential implications for the company.
Deteriorating Financials:
The financial figures for Cano Health Inc for the fiscal period ending September 30, 2023, are alarming. The net deficit of $-491.697 million, compared to $-112.011 million a year ago, demonstrates a troubling trend. Although revenue grew admirably by 18.502% to $788.07 million from $665.03 million in the same reporting period a year ago, the mounting deficit raises concerns about the company's ability to control costs and generate profitable returns for shareholders.
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| Cano Health Inc
Cano Health Inc, a notable player in the Healthcare Facilities industry, recently released its financial results for the second quarter of 2023. The company witnessed a significant surge in revenue compared to its industry counterparts. However, its performance was marred by a significant increase in the shortfall per share. This article aims to interpret the financial results and shed light on the challenges faced by Cano Health Inc.
Overview of Financial Results:
Cano Health Inc experienced a commendable 11.224% increase in revenue for the second quarter of 2023, reaching $766.75 million. This growth outperformed the average top-line rise of 8.04% for the two of the three corporations in the Healthcare Facilities sector during the same period. Despite this positive revenue growth, the company incurred a significant shortfall per share of $-0.51, worsening its financial position.
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| Cano Health Inc
The financial results for Cano Health Inc during the 12 months ending in the first quarter of 2023 show a cumulative net loss of $-489 million. This has resulted in a negative return on equity (ROE) of -74.56%. When compared to 20 other companies within the Healthcare Facilities industry, Cano Health Inc has a lower return on equity.
However, the company's overall ranking has advanced in the first quarter of 2023, moving up to 1838 from 3615 in the fourth quarter of 2022. This indicates that the company is making progress in improving their financial performance. One major contributing factor to this improvement is the surge in revenue by 23.082% to $866.91 million, from the same quarter a year prior.
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| Per Share |
Current |
| Earnings (TTM) |
-9357.34 $ |
| Revenues (TTM) |
563.02 $
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| Cash Flow (TTM) |
25.36 $ |
| Cash |
-
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| Book Value |
-
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-9357.34 $
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| Revenues (TTM) |
563.02 $ |
| Cash Flow (TTM) |
25.36 $ |
| Cash |
-
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| Book Value |
- |
| Dividend (TTM) |
0 $ |
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