Private company

CareMax, Inc.

CareMax, Inc. is an American nursing and personal care facilities services company based in Miami.1

Last updated Oct 21, 2026.

Overview

$751.1MRevenue, fiscal 20232
-$683.3MNet income, fiscal 20232
  • IndustryServices-Nursing & Personal Care Facilities1
  • HeadquartersMiami, Florida1
  • Incorporated inDE3
  • Business address1000 Nw 57Th Court, Suite 400, Miami, Fl 331263
  • Filer category, Emerging growth company3
  • Legal formCorporation

CareMax, Inc. (“CareMax,” the “Company,” “we,” “us,” and “our”), formerly Deerfield Healthcare Technology Acquisitions Corp. (“DFHT”), a Delaware corporation, is a technology-enabled care platform providing high-quality, value-based care and chronic disease management through physicians and health care professionals committed to the overall health and wellness continuum of care for its patients.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-87.4%Operating margin2
-91.0%Net margin2
19.0%Revenue growth, 20232
-1112.1%Return on equity2
0.35×Debt to equity2
-$61.5MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Other costs100¢$750.2M
  • Income tax0¢$863.0K

Out of $751.1M in revenue.2 The company lost money this year.

Financial statements

Revenue672$751.1M in 2023+626% since 2020
0$200.0M$400.0M$600.0M$800.0M2020: $103.4M$103.4M20202021: $295.8M$295.8M2021+186%2022: $631.1M$631.1M2022+113%2023: $751.1M$751.1M2023+19%
Operating income672-$656.2M in 2023
-$800.0M-$600.0M-$400.0M-$200.0M0$200.0M2020: $9.7M$9.7M20202021: -$28.8M-$28.8M20212022: -$112.2M-$112.2M2022+289%2023: -$656.2M-$656.2M2023+485%
Net income672-$683.3M in 2023
-$800.0M-$600.0M-$400.0M-$200.0M0$200.0M2020: $7.6M$7.6M20202021: -$6.7M-$6.7M20212022: -$37.8M-$37.8M2022+466%2023: -$683.3M-$683.3M2023+1708%
Fiscal year20192020202120222023
Revenue$103.4M6$295.8M7$631.1M2$751.1M2
Operating expenses$324.6M7$743.3M2$1.4B2
Operating income$9.7M6-$28.8M7-$112.2M2-$656.2M2
Income before tax-$6.5M7-$57.3M2-$684.2M2
Income tax$06$159.0K7-$19.5M2-$863.0K2
Net income$7.6M6-$6.7M7-$37.8M2-$683.3M2
Earnings per share$0.706-$0.137-$12.492-$183.312
Earnings per share (diluted)$0.706-$0.137-$12.492-$183.312
Shares (weighted, basic)52.6M shares73.0M shares23.7M shares2
Shares (weighted, diluted)52.6M shares73.0M shares23.7M shares2

Compare CareMax, Inc. with another company

Corporate structure

CareMax, Inc. sits at the top of its group. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of CareMax, Inc.

  • CareMax, Inc. Miami, Florida
    • Care Optimize LLC Subsidiary · Delaware, United States
    • CareMax Holdings, LLC Subsidiary · Delaware, United States
    • CareMax Medical Group, L.L.C. Subsidiary · Florida, United States
    • IMC Medical Group Holdings, LLC Subsidiary · Florida, United States
    • Managed Healthcare Partners L.L.C. Subsidiary · Florida, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CareMax, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$62.3M2 Dec 31, 2023$31.6M2 Dec 31, 2022+97.2%
Accumulated depreciation$14.4M2 Dec 31, 2023$10.6M2 Dec 31, 2022+36.0%
Property and equipment, net$47.9M2 Dec 31, 2023$21.0M2 Dec 31, 2022+128.1%
Finance-lease assets$18.6M2 Dec 31, 2023
Operating-lease assets (leased space)$109.2M2 Dec 31, 2023$108.9M2 Dec 31, 2022+0.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$65.5M2 Dec 31, 2023$41.6M2 Dec 31, 2022+57.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$156.8M2 Dec 31, 2023$700.6M2 Dec 31, 2022−77.6%
Intangible assets, net (excluding goodwill)$101.2M2 Dec 31, 2023$123.6M2 Dec 31, 2022−18.1%
Finite-lived intangibles, gross$151.7M2 Dec 31, 2023$151.7M2 Dec 31, 20220%
Accumulated amortization$50.5M2 Dec 31, 2023$28.1M2 Dec 31, 2022+79.5%
Finite-lived intangibles, net$101.2M2 Dec 31, 2023$123.6M2 Dec 31, 2022−18.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$723.0K7 Dec 31, 2022$550.0K7 Dec 31, 2021+31.5%

Leadership

Who has led CareMax, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (16)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerAlberto A. de Solo named Jan 6, 202233
  • Executive Officer, DirectorCarlos A. de Solo named Jan 6, 202233
  • DirectorJose Ramon Rodriguez named Jan 6, 202233

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Care Optimize LLC Delaware4
  • CareMax Holdings, LLC Delaware4
  • CareMax Medical Group, L.L.C. Florida4
  • IMC Medical Group Holdings, LLC Florida4
  • Managed Healthcare Partners L.L.C. Florida4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Deerfield Healthcare Technology Acquisitions Corp.Jun 4, 2020 to Jun 14, 20213

Timeline

  1. Feb 3, 20258-K Ended a material agreement; Bankruptcy or receivership; Completed an acquisition or sale34
  2. Jan 3, 20258-K Regulation FD disclosure35
  3. Dec 26, 20248-K New debt or obligation36
  4. Nov 25, 20248-K Entered a material agreement; Bankruptcy or receivership; Executive or director change37
  5. Nov 18, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated38
  6. Nov 12, 20248-K Entered a material agreement; New debt or obligation39
  7. Nov 4, 20248-K Entered a material agreement; New debt or obligation40
  8. Oct 28, 20248-K Entered a material agreement; New debt or obligation41
  9. Oct 21, 20248-K New debt or obligation42
  10. Oct 15, 20248-K Entered a material agreement; New debt or obligation43
  11. Oct 7, 20248-K Entered a material agreement; New debt or obligation44
  12. Sep 30, 20248-K Entered a material agreement; New debt or obligation45
  13. Jun 10, 2021New chief executive Solo Carlos A. De becomes CEO13

Calendar

When it reported results

  1. Aug 9, 2024Reported quarterly or annual results46
  2. May 9, 2024Reported quarterly or annual results47
  3. Mar 18, 2024Reported quarterly or annual results48
  4. Nov 9, 2023Reported quarterly or annual results49
  5. Aug 9, 2023Reported quarterly or annual results50
  6. May 10, 2023Reported quarterly or annual results51
  7. Mar 9, 2023Reported quarterly or annual results52
  8. Nov 9, 2022Reported quarterly or annual results53

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

216 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 60 major events, 66 insider forms, 15 large holders, 2 private raises, 51 other. The latest 20:

  1. Feb 21, 202515-12G EDGAR
  2. Feb 14, 2025SCHEDULE 13G/A EDGAR
  3. Feb 5, 2025EFFECT EDGAR
  4. Feb 5, 2025EFFECT EDGAR
  5. Feb 3, 20258-K EDGAR
  6. Feb 3, 2025S-8 POS EDGAR
  7. Feb 3, 2025S-8 POS EDGAR
  8. Feb 3, 2025POS AM EDGAR
  9. Feb 3, 2025POS AM EDGAR
  10. Jan 7, 2025SCHEDULE 13G/A EDGAR
  11. Jan 3, 20258-K EDGAR
  12. Dec 26, 20248-K EDGAR
  13. Nov 25, 20248-K EDGAR
  14. Nov 18, 20248-K EDGAR
  15. Nov 13, 2024NT 10-Q EDGAR
  16. Nov 12, 20248-K EDGAR
  17. Nov 4, 20248-K EDGAR
  18. Oct 28, 20248-K EDGAR
  19. Oct 21, 20248-K EDGAR
  20. Oct 15, 20248-K EDGAR

The 216 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 13, 2023Cho BryanDirectorBuy10,000$3.46$34.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 22, 2021Raised $985,000 in a private offering of equity Form D: 1 investor so far Form D
  2. Dec 22, 2021Raised $1 million in a private offering of equity Form D: 1 investor so far Form D

SEC filer profile

How CareMax, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCareMax, Inc.1
  • CIK0001813914
  • Employer ID (EIN)85-09922241
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)8050 Services-Nursing & Personal Care Facilities1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address1000 Nw 57Th Court, Suite 400, Miami, FL 331261
  • Phone305-686-39121
  • Public float$226.1M as of Jun 30, 202360
  • On EDGAR sinceJun 4, 20201
  • Filings329 in all: 8-K (76), 4 (74), 3 (25), 10-Q (13), CORRESP (13), UPLOAD (13), 424B3 (10), DEFA14A (9)1
    All 40 form types

    10-Q/A (8), SC 13D/A (8), SC 13G (8), EFFECT (6), SC 13G/A (6), D (5), 10-K (4), 10-K/A (4), 8-K/A (4), DEF 14A (3), NT 10-Q (3), POS AM (3), PRER14A (3), S-1 (3), SC 13D (3), 25-NSE (2), 8-A12B/A (2), NT 10-K (2), PRE 14A (2), S-1/A (2), S-8 (2), S-8 POS (2), SCHEDULE 13G/A (2), 15-12G (1), 424B4 (1), 425 (1), 8-A12B (1), ARS (1), CERT (1), DEFM14A (1), DRS (1), PREM14A (1)

  • Latest filingsAnnual report (10-K) Mar 18, 2024
    Quarterly report (10-Q) Aug 9, 2024
    Proxy statement (DEF 14A) Dec 21, 2023
    Latest 8-K (8-K) Feb 3, 2025

Sources

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