Miami, Florida-based CareMax, a Medicare Advantage organization with a full complement of health and wellness services for the senior population, has announced the results of their Chapter 11 bankruptcy proceedings.
The bankruptcy machinations will impact 530 employees as the company enters into an agreement with Revere Medical to sell its core clinic business assets and management services organization on January 31, 2025.
Company employees who are going to be offered employment by the purchaser of the business will be notified of those offers on or before January 17, 2025. CareMax employees who do not receive employment offers from the purchaser will be terminated on or around January 31, 2025.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?