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On the Record · Cano Health

Cano Health acquisitions, on the record

The businesses Cano Health bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
University Health Care and its affiliates
Word for word“On June 11, 2021, we acquired University Health Care and its affiliates (collectively, "University") for total consideration of $607.9 million, consisting of $538.3 million in cash, $60.0 million of Class A common stock and $9.6 million in contingent consideration from acquisition add-ons based on additional acquired entities.” 10-K for 2021
acquisitionOn June 11, 2021$607.9 million
Doctor's Medical Center, LLC and its affiliates
Word for word“On July 2, 2021, the Company acquired Doctor's Medical Center, LLC and its affiliates ("DMC"). The purchase price totaled $300.7 million, which was paid in cash.” 10-K for 2021
acquisitionOn July 2, 2021$300.7 million
Jaws Acquisition Corp. (Business Combination with Cano Health, Inc.)
Word for word“We are subject to an Amended and Restated Right of First Refusal Agreement (the “ROFR Agreement”), entered into by and among Humana and certain of its affiliates and PCIH, the Seller and the Company upon completion of the business combination on June 3, 2021 (the "Business Combination") pursuant to the terms of the Business Combination Agreement, dated as of November 11, 2020 (as amended) by and among Jaws Acquisition, Corp., Jaws Merger Sub, LLC, PCIH and the seller.” 10-K for 2022
acquisitionJune 3, 2021—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2019-12-31$83.4 million—
2020-12-31$207.6 million—
2021-12-31$1.07 billion—
2022-12-31$5.8 million$33.7 million
2023-12-31$0—

Deal filings since 2016

Read from Cano Health’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-04-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.