Jeffrey Altman’s Owl Creek Asset Management disclosed a 3.7% stake in Cano Health, calling for the Miami-based primary care company to hire banks to explore a sale to a strategic buyer, Axios reports. In the wake of Amazon’s $3.9 billion buyout of One Medical, CVS reiterating its primary care ambitions, and a host of buyers circling Signify Health, value-based care players like Cano are increasingly finding themselves in the crosshairs. Read more.
Related Posts
How Delphi Behavioral Health Group Went From Boom to Bust
The bankruptcy proceedings and other court documents reveal a company struggling to maximize two rounds of PE investment.
March 8, 2023
Magnetic Ventures Looks to Raise $100M for Health Tech Fund
This is the firm's second fund.
March 21, 2022
Why a Wave of Healthcare Agencies May be About to Change Hands
Now, this burgeoning group itself is due for a refresh, as their backers seek to cash out on those PE bets.
August 21, 2023
HHS Investigating IT Security Incident at Tallahassee Memorial HealthCare
The breach is designated on the HHS database as a hacking/IT incident to the network server.
April 11, 2023