Cano Health(CANO) - 2024 Q1 - Quarterly Report

Reclassifications The Company is pursuing several initiatives to improve its liquidity and net cash, such as reducing operating expenses. The Company's efforts to reduce operating expenses include reducing permanent staff, lowering its third-party medical costs through negotiations with payors, consolidating underperforming medical centers, delaying renovations and other capital projects and significantly reducing nonessential spending. Other Company efforts to improve its liquidity include a strategic revi ...