Revere Medical is acquiring the Medicare Shared Savings Program portion of CareMax's Management Services Organization to enhance its value-based care delivery capabilities for approximately 80,000 Medicare beneficiaries.
Information on the Target
Revere Medical is a comprehensive medical group and allied provider network operating across six states in the United States. This organization focuses on offering a patient-centered approach while managing the complexities of care delivery in various health care settings. The recent agreement involves the acquisition of CareMax, Inc.'s Medicare Shared Savings Program (MSSP) segment. CareMax serves as a leading technology-enabled value-based care delivery system, supporting care for approximately 80,000 Medicare beneficiaries through its Management Services Organization (MSO).
CareMax's MSO is recognized for its role as an established Accountable Care Organization (ACO). Its operations are designed to enhance patient engagement, improve care experiences, and reduce overall healthcare costs. Through the acquisition, Revere Medical aims to foster a synergistic relationship that expands its capabilities in delivering comprehensive care across multiple payer lines.
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Industry Overview in the Target’s Specific Country
The healthcare industry in the United States is undergoing significant transformation, particularly with the rising emphasis on value-based care models. This shift is driven by an increasing need for cost-effective healthcare
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Revere Medical
invested in
CareMax, Inc.
in 2024
in a Management Buyout / Buy-In (MBO) deal