Revere Medical, an employed medical group and provider affiliate network with operations across 6 states, has entered into an agreement with CareMax (NASDAQ: CMAX, CMAXW) to acquire the CareMax Management Services Organization (MSO).
The CareMax MSO provides administrative and operational support services to value-based primary care practices across multiple markets. The acquisition will expand Revere Medical's capabilities in value-based care infrastructure and broaden its geographic footprint.
“The acquisition of CareMax's MSO directly complements the vision of our recent Stewardship acquisition and accelerates our ability to support providers with the operational infrastructure needed to deliver high-quality, value-based care. This is another meaningful step in building a truly integrated, provider-centered health organization.”
The transaction is subject to approval by the U.S. Bankruptcy Court overseeing CareMax's Chapter 11 proceedings, as well as customary closing conditions. The transaction is expected to close in the first quarter of 2025.
About Revere Medical
Revere Medical is a provider-centered, multi-specialty healthcare organization built on a strong foundation of primary care. Through integrated technology, expanded services, and coordinated care delivery, Revere Medical supports providers in delivering high-quality care while improving access and outcomes for patients across the communities it serves. For more information, visit reveremedical.com.
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