The purpose of this post is just to put this on the radar. I work in healthcare and my role gives me insight to deals being made in the industry. Private equity has really been running up the price of physician practices and in some markets like south florida the only thing left to buy are small 1 or 2 location businesses. Cano is trading at a deep discount from its de-spac. Theres been a few recent articles that pointed to different companies who could buy them like CVS/aetna. It would be a great buy for any healthplan that wants to establish a foothold in the florida market. Cano is a humana shop when humana writes their risk arrangement deals they include ROFR because they fund the growth of the practice. Its my understanding that the talks of taking them private are real and that Humana is considering exercising their ROFR rights.
Hope this helps somone who is looking at them.
