![]() Steward’s network also includes an additional approximately 380,000 Medicare Advantage fee-for-service beneficiaries and approximately 480,000 traditional Medicare beneficiaries, for whom CareMax and Steward will look for opportunities to provide value-based services. CareMax now serves as the exclusive value-based management services organization ("MSO") for Steward’s Medicare Advantage network. This transaction expands CareMax’s network to approximately 2,000 providers and over 200,000 senior value-based care patients in 10 states across 30 markets. The Medicare value-based care business of Steward includes a Medicare Direct Contracting Entity ("DCE") and two Medicare Shared Savings Program ("MSSP") accountable care organizations ("ACOs"), one of which is one of the nation’s largest ACOs. ![]() (NASDAQ: CMAX CMAXW) ("CareMax" or the "Company"), a leading technology-enabled provider of value-based care to seniors, today announced that it has completed its acquisition of the Medicare value-based care business of Steward Health Care System ("Steward"), establishing CareMax as one of the largest independent senior-focused value-based care platforms in the U.S. MIAMI, November 11, 2022-( BUSINESS WIRE)-CareMax, Inc. Significantly expands CareMax’s comprehensive and coordinated healthcare delivery system designed to reduce healthcare costs, improve overall health outcomes, and promote health equity for seniors
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