CANO

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cano Health, Inc. and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Friday, March 31, 2023

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Cano Health, Inc. (“Cano Health” or “the Company”) (NYSE: CANO ) for potential breaches of fiduciary duty on the part of its directors and management.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Cano Health, Inc. (“Cano Health” or “the Company”) (NYSE: CANO ) for potential breaches of fiduciary duty on the part of its directors and management.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Cano Health Comments on Resignation of Directors

Retrieved on: 
Friday, March 31, 2023

MIAMI, March 31, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, issued the following statement:

Key Points: 
  • MIAMI, March 31, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, issued the following statement:
    "Our Board and management team have devoted considerable time and resources to analyzing the Company's performance, operations, financial strength, and potential against the backdrop of the challenges the Company and the sector have faced.
  • We are disappointed that three directors chose to resign due to what we believe is their focus solely on the short term.
  • The Company finds Mr. Sternlicht's method of resignation particularly reckless and obviously at cross-purposes with shareholders' best interests.
  • Cano Health has established a strong performance track record—providing patients improved access to care, lowering hospital admissions, and significantly reducing medical costs.

Cano Health Announces Date to Report Fourth Quarter and Full Year 2022 Results and Participation in Upcoming Investor Conference

Retrieved on: 
Tuesday, February 21, 2023

To access the live call and webcast, please dial (888) 660-6359 for U.S. participants, or (929) 203-0867 for international participants, referencing the Cano Health Fourth Quarter 2022 Earnings Conference Call and Conference ID 8371699.

Key Points: 
  • To access the live call and webcast, please dial (888) 660-6359 for U.S. participants, or (929) 203-0867 for international participants, referencing the Cano Health Fourth Quarter 2022 Earnings Conference Call and Conference ID 8371699.
  • The call will also be webcast live in the "Events & Presentations" section of Cano Health's Investor Relations website ( investors.canohealth.com ).
  • In addition, Cano Health executives will participate in the Cowen 43rd Annual Health Care Conference on Monday, March 6, 2023, in Boston, MA.
  • A live webcast of the fireside chat will be accessible through Cano Health's Investor Relations website at investors.canohealth.com .

MSP Recovery, Now Doing Business as LifeWallet, Entered into a Term Sheet for the Monetization of a Portion of Its Company-owned Assignor Interests as a New Source of Monetization for $275 Million, and Payment of $48 Million in Servicing Fees for 2023

Retrieved on: 
Tuesday, January 3, 2023

In certain circumstances, LIFW has acquired the assignor’s 50% interest up-front by purchasing the assignor’s contractual right to collect at the time of recovery.

Key Points: 
  • In certain circumstances, LIFW has acquired the assignor’s 50% interest up-front by purchasing the assignor’s contractual right to collect at the time of recovery.
  • The Term Sheet also provides for the Company to acquire certain claims for $330 million that pertain to the entire claim rights, as well as certain Assignor Interests.
  • “These deals demonstrate that there is significant value in the variety of ways in which MSPR’s assets can be monetized.
  • “We are excited to continue innovating and disrupting the healthcare system and believe that we have great momentum heading into 2023,” said Ruiz.

MSP Recovery Announces It Will Be Rebranding From MSP Recovery to Its Nationally Recognized Brand, “LifeWallet”

Retrieved on: 
Thursday, December 22, 2022

Additionally, the Company’s publicly traded warrants to purchase common stock will begin trading under the ticker symbols “LIFWW” and “LIFWZ”.

Key Points: 
  • Additionally, the Company’s publicly traded warrants to purchase common stock will begin trading under the ticker symbols “LIFWW” and “LIFWZ”.
  • The Company will not change its core strategy, and the core business remains the same – secondary payer reimbursement recoveries.
  • “It’s an exciting time for our company, our employees and our customers,” said MSP Recovery Founder and CEO, John H. Ruiz.
  • (see August 4, 2022 press release titled “ MSP Recovery Announces LifeWallet Implementation Program at Cano Health Medical Centers ”).

Cano Health to Announce Third Quarter 2022 Results

Retrieved on: 
Wednesday, October 26, 2022

MIAMI, Oct. 26, 2022 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, will host a conference call on Wednesday, November 9, 2022, at 5:00 PM Eastern Time to review the Company's business and financial results for the third quarter ended September 30, 2022.

Key Points: 
  • MIAMI, Oct. 26, 2022 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, will host a conference call on Wednesday, November 9, 2022, at 5:00 PM Eastern Time to review the Company's business and financial results for the third quarter ended September 30, 2022.
  • To access the live call and webcast, please dial (888) 660-6359 for U.S. participants, or (929) 203-0867 for international participants, referencing the Cano Health Third Quarter 2022 Earnings Conference Call and Conference ID 8371699.
  • Cano Health (NYSE: CANO) is a high-touch, technology-powered healthcare company delivering personalized, value-based primary care to more than 280,000 members.
  • Founded in 2009, Cano Health has more than 4,500 employees, and operates primary care medical centers and supports affiliated providers in nine states and Puerto Rico.

Cano Health to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference

Retrieved on: 
Monday, September 12, 2022

MIAMI, Sept. 12, 2022 /PRNewswire/ -- Cano Health Inc. ("Cano" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, today announced it will participate in the Morgan Stanley 20th Annual Global Healthcare Conference on Tuesday, September 13, 2022.

Key Points: 
  • MIAMI, Sept. 12, 2022 /PRNewswire/ -- Cano Health Inc. ("Cano" or the "Company") (NYSE: CANO), a leading value-based primary care provider and population health company, today announced it will participate in the Morgan Stanley 20th Annual Global Healthcare Conference on Tuesday, September 13, 2022.
  • Dr. Marlow Hernandez, Chairman and Chief Executive Officer, and Brian Koppy, Chief Financial Officer, will participate in a fireside chat at 4:05 p.m., Eastern Time.
  • Cano Health (NYSE: CANO) is a high-touch, technology-powered healthcare company delivering personalized,value-basedprimary care to more than 280,000 members.
  • Founded in 2009, Cano Health has more than 4,500 employees, and operates primary care medical centers and supports affiliated providers in nine states and Puerto Rico.

Cano Health Files Form S-3 Registration Statements to Replace Prior S-1 Registration Statements; No Issuance or Sale by Cano Health

Retrieved on: 
Tuesday, September 6, 2022

MIAMI, Sept. 6, 2022 /PRNewswire/ -- Cano Health, Inc. ("Cano" or the "Company") (NYSE: CANO) today announced that it has filed two registration statements on Form S-3 (the "S-3 Registration Statements") with the United States Securities and Exchange Commission ("SEC") that replace prior registration statements on Form S-1.

Key Points: 
  • MIAMI, Sept. 6, 2022 /PRNewswire/ -- Cano Health, Inc. ("Cano" or the "Company") (NYSE: CANO) today announced that it has filed two registration statements on Form S-3 (the "S-3 Registration Statements") with the United States Securities and Exchange Commission ("SEC") that replace prior registration statements on Form S-1.
  • The filing of the S-3 Registration Statements is administrative in nature and is intended to convert the prior registration statements on Form S-1 into registration statements on Form S-3 so that the Company can incorporate all future SEC filings by reference into the S-3 Registration Statements.
  • The prior S-1 registration statements required periodic amendments to remain current.
  • The S-3 Registration Statements relate to a registration statement on Form S-1 (File No.

Cano Health Expands Executive Leadership Team

Retrieved on: 
Friday, August 5, 2022

Miami, FL, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Cano Health, Inc. (Cano Health or the Company), a leading value-based primary care provider and population health company, announced two new senior positions on its executive leadership team to build on its success and help drive critical opportunities for a stronger professional infrastructure across the organization.

Key Points: 
  • Miami, FL, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Cano Health, Inc. (Cano Health or the Company), a leading value-based primary care provider and population health company, announced two new senior positions on its executive leadership team to build on its success and help drive critical opportunities for a stronger professional infrastructure across the organization.
  • We are thrilled to elevate Bob and welcome Amy to Cano Health to capitalize on a moment of extraordinary opportunity for the business, said Dr. Marlow Hernandez, Chairman and Chief Executive Officer of Cano Health.
  • As COO, Mr. Camerlinck will oversee Cano Healths daily business operations and work closely with Cano Healths executive leadership to implement Cano Healths strategy and drive sustained performance.
  • Cano Health (NYSE: CANO) is a high-touch, technology-powered healthcare company delivering personalized,value-basedprimary care to more than 270,000 members.

MSP Recovery Announces LifeWallet Implementation Program at Cano Health Medical Centers

Retrieved on: 
Friday, August 5, 2022

CORAL GABLES, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (MSPR, MSP Recovery or the Company) a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced that LifeWallet Powered by MSP Recovery is going to pilot its Health Safety Technology program at Cano Health (NYSE: CANO).

Key Points: 
  • CORAL GABLES, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (MSPR, MSP Recovery or the Company) a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced that LifeWallet Powered by MSP Recovery is going to pilot its Health Safety Technology program at Cano Health (NYSE: CANO).
  • The program implementation will encompass a pilot of the LifeWallet portal at one of Cano Healths locations in South Florida.
  • LifeWallet will incorporate its Health Safety Technology for Cano Health, including biometric (facial recognition) check-ins, through a pilot program that includes the integration of LifeWallet technology to prevent improper documentation of medical information, which often leads to improper billing.
  • Were honored to implement LifeWallet at Cano Health, said John H. Ruiz, Founder and CEO of MSP Recovery.