{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-242059","form_type":"8-K","ticker":null,"cik":"0001800682","company_name":"Cano Health, Inc.","filed_at":"2023-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.293287+00:00","generated_at":"2026-06-10T08:48:16.059980+00:00","sec_items":["7.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cano Health sells Texas & Nevada primary care centers to CenterWell for ~$66.7M","bullets":["Total consideration ~$66.7M: $35.4M cash at closing plus liability release.","Centers served ~15,200 members as of Aug 1, 2023.","Net proceeds to repay portion of Credit Suisse revolver, ensuring covenant compliance for Q3 2023.","Cano Health expects ~$109M unrestricted cash; plans $80M repayment of $120M revolver.","CEO states sale supports strategy to focus on Florida market and improve operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-242059","json":"https://secwatch.observer/filing/0001193125-23-242059.json","markdown":"https://secwatch.observer/filing/0001193125-23-242059.md","text":"https://secwatch.observer/filing/0001193125-23-242059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523242059/0001193125-23-242059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523242059/d420787d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:48:16.059980+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31e50bf15dbf8fdbba51eb4ae4a888a8aa3a6416","claim":"Cano Health, Inc. completed a disposition involving Primary Care Holdings II, LLC (a wholly owned subsidiary of Humana Inc., doing business as CenterWell Senior Primary Care) for approximately $66.7 million.","evidence_excerpt":"the operation of Cano Health’s senior-focused primary care centers in Texas and Nevada (the “Transaction”). The total value of the Transaction to Cano Health is approximately $66.7 million, consisting of approximately $35.4 million in cash paid at closing (of which approximately $1.9 million was withheld for satisfaction of potential indemnification claims), plus","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523242059/0001193125-23-242059-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Primary Care Holdings II, LLC (a wholly owned subsidiary of Humana Inc., doing business as CenterWell Senior Primary Care)"},{"label":"Consideration","value":"approximately $66.7 million"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}