CareMax, Inc. Appoints Dr. Vincent Omachonu to Board of Directors
September 07 2021 - 6:55AM
Business Wire
CareMax, Inc. (“CareMax”) (NASDAQ: CMAX; CMAXW), a
leading technology-enabled provider of value-based care to seniors,
today announced that Dr. Vincent Omachonu has been appointed as an
independent member of the CareMax board of directors.
“We are very pleased to have Dr. Omachonu join our board of
healthcare industry veterans,” said Carlos de Solo, CEO of CareMax.
“Dr. Omachonu has extensive expertise in managed care and process
improvement, and has helped to create replicable and measurable
workflows in the industry, resulting in better patient experience
and outcomes. We look forward to leveraging Dr. Omachonu’s
expertise as we work to bring CareMax’s value-based model
nationwide.”
Dr. Omachonu is a Professor and Chair of the Department of
Industrial Engineering at the University of Miami and President of
Vintex International, Inc., a Miami-based training and consulting
company. He is the author of five books that are widely used in the
healthcare industry and the field of Quality Improvement. Dr.
Omachonu’s work was instrumental in the early adoption of the TQM
methodology by hospitals in the United States, Central and South
America, as well as the Caribbean.
Dr. Omachonu received his Ph.D. in Industrial Engineering from
the New York University Tandon School of Engineering. He has two
master’s degrees ‑ one in Operations Research from Columbia
University, New York, and the other in Industrial Engineering from
the University of Miami, Florida. His B.S. degree is also in
Industrial Engineering from the University of Miami. He is a Master
Black Belt in Lean Six Sigma Quality Methodology, and a Registered
Professional Engineer (P.E. License) in the State of Florida.
“CareMax’s value-based healthcare model has been proven to help
patients improve their health, reduce the effects and incidence of
chronic disease and live healthier lives,” said Dr. Omachonu. “I
look forward to working with the leadership team to expand the
CareMax footprint throughout the country.”
To learn more about CareMax, please visit www.caremax.com.
About CareMax
CareMax is a technology-enabled care platform providing
value-based care and chronic disease management to seniors. CareMax
operates 42 wholly owned medical centers serving 66,000 patients
that offer a comprehensive suite of healthcare and social services,
and a proprietary software and services platform that provides
data, analytics, and rules-based decision tools/workflows for
physicians across the United States. CareMax is listed on the
Nasdaq Stock Market under the trading symbol “CMAX.” Learn more at
www.caremax.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995,
as amended. These forward-looking statements include statements
regarding our future growth and strategy. Words such as
“anticipate,” “believe,” “budget,” “contemplate,” “continue,”
“could,” “envision,” “estimate,” “expect,” “guidance,” “indicate,”
“intend,” “may,” “might,” “plan,” “possibly,” “potential,”
“predict,” “probably,” “pro-forma,” “project,” “seek,” “should,”
“target,” or “will,” or the negative or other variations thereof,
and similar words or phrases or comparable terminology, are
intended to identify forward-looking statements. These
forward-looking statements reflect the Company’s expectations,
plans or forecasts of future events and views as of the date of
this press release. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
the Company’s control, that could cause actual results or outcomes
to differ materially from those discussed in the forward-looking
statements.
Important risks and uncertainties that could cause the Company’s
actual results and financial condition to differ materially from
those indicated in forward-looking statements include, among
others, the impact of COVID-19 or any variant thereof on the
Company’s business and results of operation; the availability of
sites for medical facilities and the costs of opening such medical
facilities; changes in market or industry conditions, regulatory
environment, competitive conditions, and receptivity to the
Company’s services; the Company’s ability to continue its growth,
including in new markets; changes in laws and regulations
applicable to the Company’s business, in particular with respect to
Medicare Advantage and Medicaid; the Company’s ability to maintain
its relationships with health plans and other key payers; any
delay, modification or cancellation of government contracts; the
Company’s future capital requirements and sources and uses of cash,
including funds to satisfy its liquidity needs; the Company or any
other party’s ability to fulfill contractual obligations; and the
Company’s ability to recruit and retain qualified team members and
independent physicians. For a detailed discussion of the risk
factors that could affect the Company’s actual results, please
refer to the risk factors identified in the Company’s reports filed
with the SEC. All information provided in this press release is as
of the date hereof, and the Company undertakes no duty to update or
revise this information unless required by law, and forward-looking
statements should not be relied upon as representing the Company’s
assessments as of any date subsequent to the date of this press
release.
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CareMax, Inc. Media
Christine Bucan (305) 542-8855 Christine@thinkbsg.com Investor
Relations Ben Quirk (415) 640-3715 ben.quirk@caremax.com The
Equity Group Inc. Devin Sullivan (212) 836-9608
dsullivan@equityny.com
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