Here’s what you should know.
1. Conifer helped Canopy earlier in the year to acquire a restricted Knox-Keene license from the California Department of Managed Health Care.
The licenses allows Canopy to contract with health plans to develop insurance products.
2. Through the license, Canopy Health can develop savings arrangements and quality care standards.
3. Canopy is planning to partially turn over financial, administrative and management services to Conifer Health.
More transaction/valuation news:
Orange Regional Medical Center opens ASC — 4 notes
Medical Facilities Corporation issues 150th consecutive dividend payment
UC San Francisco Health, John Muir Health to open outpatient center — 4 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.