CareMax Indicators Collaboration Agreement With Anthem

MIAMI–(Company WIRE)–CareMax, Inc. (NASDAQ: CMAX CMAXW), a top technological innovation-enabled service provider of value-based mostly…

MIAMI–(Company WIRE)–CareMax, Inc. (NASDAQ: CMAX CMAXW), a top technological innovation-enabled service provider of value-based mostly treatment to seniors, introduced these days it has signed a collaboration settlement with Anthem, a nationwide well being gains enterprise. By this collaboration, CareMax options to establish professional medical facilities in locations wherever Anthem will offer you a value-based care design to improve client results.

“At Anthem, we attempt to be the most revolutionary, useful, and inclusive spouse for our sufferers and communities,” mentioned Christopher Working day, president, worth-based options at Anthem. “This new collaboration with CareMax will allow for us to transition individuals to a price-centered treatment model, which we think will build improved outcomes for our patients by allowing them to commit additional time with professional medical teams and obtain the additional assistance expert services that CareMax delivers.”

Through this collaboration arrangement, CareMax plans to open up close to 50 professional medical facilities with a concentration on Indiana, Texas, Kentucky, Wisconsin, Ga, Connecticut, and Virginia, among the other folks.

Furthermore, on July 15, 2021, Empire BlueCrossBlueShield, an Anthem Enterprise, in partnership with nonprofit insurance provider EmblemHealth, was awarded the City of New York group Medicare Advantage retiree contract to provide up to about 250,000 retired employees. The contract is scheduled to go into effect January 1, 2022. Anthem will be doing work collaboratively with CareMax, and other vendors, to bring as quite a few of these retirees as doable into benefit-based preparations.

“We have observed excellent results for our individuals in South Florida and now we are operating to convey our product nationwide,” claimed Carlos de Solo, CEO of CareMax. “We know that worth-based treatment helps seniors stay more healthy life, and we are psyched to husband or wife with Anthem to bring healthcare with heart to the populations who need to have it most.”

About CareMax

CareMax is a engineering-enabled care platform offering worth-dependent care and chronic ailment management to seniors. CareMax operates clinical centers that supply a extensive suite of health care and social companies, and a proprietary program and services platform that offers details, analytics, and regulations-based mostly determination applications/workflows for doctors throughout the United States. Learn a lot more at www.caremax.com.

About Anthem, Inc.

Anthem is a top health benefits company focused to enhancing lives and communities, and producing health care less complicated. Through its affiliated businesses, Anthem serves much more than 117 million people, including far more than 44 million inside its relatives of well being designs. We goal to be the most innovative, valuable and inclusive spouse. For much more facts, you should check out www.antheminc.com or stick to @AnthemInc on Twitter.

Ahead-Wanting Statements

This press release consists of ahead-hunting statements within the this means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Exchange Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995, as amended. These forward-on the lookout statements include statements relating to our upcoming development and system. Words these kinds of as “anticipate,” “believe,” “funds,” “ponder,” “carry on,” “could,” “visualize,” “estimate,” “count on,” “steerage,” “suggest,” “intend,” “may possibly,” “might,” “strategy,” “perhaps,” “potential,” “forecast,” “most likely,” “professional-forma,” “task,” “look for,” “should really,” “goal,” or “will,” or the unfavorable or other variations thereof, and identical words and phrases or phrases or equivalent terminology, are supposed to discover ahead-seeking statements. These ahead-on the lookout statements are not ensures of potential general performance, ailments or final results, and require a amount of acknowledged and mysterious risks, uncertainties, assumptions and other critical aspects, a lot of of which are outside the CareMax and/or Anthem’s command, that could lead to true final results or outcomes to vary materially from individuals discussed in the forward-on the lookout statements.

Significant hazards and uncertainties that could result in the CareMax’s and Anthem’s real benefits and monetary affliction to vary materially from those indicated in forward-wanting statements consist of, among many others, CareMax’s means to grow its enterprise into new geographical destinations the timing of enlargement options adjustments in marketplace or market disorders, regulatory ecosystem, competitive disorders, and receptivity to CareMax and Anthem’s providers CareMax’s capacity to continue on its progress improvements in regulations and polices applicable to CareMax and Anthem’s respective companies, in distinct with regard to Medicare Edge any delay, modification or cancellation of govt contracts CareMax and Anthem’s skill to fulfill their respective obligations in the collaboration arrangement the impact of COVID-19 or an additional pandemic, epidemic or outbreak of infectious disease on CareMax and Anthem’s company and outcomes of procedure and CareMax’s ability to locate and open up services and recruit and retain competent staff members and unbiased doctors. For a in-depth dialogue of the risk things that could have an impact on the CareMax and Anthem’s genuine benefits, be sure to refer to the hazard factors discovered in the CareMax and Anthem’s reports submitted with the SEC. All information provided in this press launch is as of the day hereof, and neither CareMax or Anthem undertakes no duty to update or revise this information except if needed by regulation.