CareMax (CMAX) Tops Q3 EPS by 5c
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CareMax Inc. Announces Third Quarter 2021 Financial Results
November 15, 2021 6:55 AM ESTMIAMI--(BUSINESS WIRE)-- CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leading technology-enabled provider of value-based care to seniors, announced today financial results for the third quarter ended September 30, 2021.
Third Quarter 2021 Results1
GAAP total revenue was $104.6 million for the third quarter of 2021 and $177.5 million for the nine-months ended September 30, 2021, up 330% and 136% year-over-year, respectively. Medicare Advantage membership as of September 30, 2021 was 26,500, up over 340% compared to Medicare Advantage membership as of September 30, 2020; total membership as of September 30, 2021 was 68,500, up over 1,000% compared to total membership as of September 30, 2020. Medical Expense Ratio was 75.4% for the third... More