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Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

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SIDLEY AUSTIN LLP

Thomas R. Califano (24122825)

Juliana L. Hoffman (24106103)

2021 McKinney Avenue, Suite 2000

Dallas, Texas 75201

 

Telephone:

(214) 981-3300

Facsimile:

(214) 981-3400

Email:

tom.califano@sidley.com

 

jhoffman@sidley.com

 

SIDLEY AUSTIN LLP

Stephen Hessler (admitted pro hac vice)

Anthony R. Grossi (admitted pro hac vice)

Jason L. Hufendick (admitted pro hac vice)

787 Seventh Avenue

New York, New York 10019

 

Telephone:

(212) 839-5300

Facsimile:

(212) 839-5599

Email:

shessler@sidley.com

 

agrossi@sidley.com

 

jhufendick@sidley.com

 

Proposed Attorneys for the Debtors
and Debtors in Possession

IN THE UNITED STATES BANKRUPTCY COURT

FOR THE NORTHERN DISTRICT OF TEXAS

DALLAS DIVISION

 

In re:

CAREMAX, INC., et al.1

 

Debtors.

Chapter 11

Case No. 24-80093 (MVL)

(Jointly Administered)

GLOBAL NOTES FOR THE

NOVEMBER 2024 MONTHLY OPERATING REPORTS

 

On November 17, 2024, (the “Petition Date”) CareMax, Inc. and its affiliated debtors in the above-captioned chapter 11 cases (each a “Debtor” and, collectively, the “Debtors”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11, United States Code, §§ 101 et seq. (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Northern District of Texas (the “Court”).

 

1 A complete list of each of the Debtors in these Chapter 11 Cases may be obtained on the website of the Debtors’ proposed claims and noticing agent at https://cases.stretto.com/CareMax. The Debtors’ mailing address is 1000 NW 57 Court, Suite 400, Miami, Florida 33126.

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

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The Debtors continue to operate their business and manage their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. The Chapter 11 Cases have been consolidated for procedural purposes only and are being jointly administered under case number 24-80093 (MVL).

1.
General Methodology: The Debtors are filing this monthly operating report (the “MOR”) solely for purposes of complying with the monthly operating requirements of the Debtors’ Chapter 11 Cases. The financial information contained herein is unaudited, limited in scope, and as such, has not been subjected to procedures that would typically be applied to financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The MOR should not be relied on by any persons for information relating to current or future financial condition, events, or performance of any of the Debtors or their affiliates, as the results of operations contained herein are not necessarily indicative of results that may be expected from any other period or for the full year and may not necessarily reflect the combined results of operations, financial position, and schedule of receipts and disbursements in the future. There can be no assurance that such information is complete, and the MOR may be subject to revision. The following notes, statements, and limitations should be referred to and referenced in connection with any review of the MOR.
2.
Basis of Presentation: For financial reporting purposes, the Debtors prepare consolidated financial statements, which include information for CareMax, Inc., and its Debtor affiliates. This MOR only contains financial information of the Debtors. The Debtors are maintaining their books and records in accordance with U.S. GAAP and the information furnished in this MOR uses the Debtors’ normal accrual method of accounting. In preparing the MOR, the Debtors relied on financial data derived from their books and records that was available at the time of preparation. The financial statements presented herein reflect the book values of the Debtor entities of CareMax, Inc., and, as a result, do not reflect the going concern valuation of the Debtors. The Company is not liable for and undertakes no responsibility to indicate variations from securities laws or for any evaluations of the Company based on this financial information or any other information.
3.
Reporting Period: Unless otherwise noted herein, the MOR generally reflects the Debtors’ books and records and financial activity occurring during the applicable reporting period.
4.
Accuracy: The financial information disclosed herein was not prepared in accordance with federal or state securities laws or other applicable nonbankruptcy law or in lieu of complying with any periodic reporting requirements thereunder. Persons and entities trading in or otherwise purchasing, selling, or transferring the claims against or equity interests in the Debtors should evaluate this financial information in light of the purposes for which it was prepared. The Debtors are not liable for and undertake no responsibility to indicate variations from securities laws or for any evaluations of the Debtors based on this financial information or any other information.

 

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5.
Payments of Prepetition Claims Pursuant to First Day Orders: Following the Petition Date, the Court entered certain orders authorizing, but not directing, the Debtors to, among other things, pay certain (a) insurance obligations; (b) employee wages, salaries, additional compensation, contractor obligations, and employee benefit programs; (c) taxes and fees; (d) utilities; (e) service charges and other fees, costs, and expenses charged by the Debtors’ cash management banks; and (f) certain critical vendor payments.
6.
Insiders: For purposes of this MOR, the Debtors defined “insiders” pursuant to section 101(31) of the Bankruptcy Code as: (a) directors; (b) officers; (c) persons in control of the Debtors; (d) relatives of the Debtors’ directors, officers, or persons in control of the Debtors; and (e) Debtor and non-Debtor affiliates of the foregoing. Moreover, the Debtors do not take a position with respect to: (a) any insider’s influence over the control of the Debtors; (b) the management responsibilities or functions of any such insider; (c) the decision making or corporate authority of any such insider; or (d) whether the Debtors or any such insider could successfully argue that he or she is not an “insider” under applicable law, with respect to any theories of liability, or for any other purpose.
7.
Payments to Insiders: All payments made by the Debtors to “Insiders,” as such term is defined in 11 U.S.C. § 101(31), included wage compensation and benefits in the ordinary course due to those individuals. This information is available upon request.
8.
Postpetition Borrowing: Following the Petition Date, the Court approved debtor-in- possession borrowing as set forth in the Final Order (A) Authorizing the Debtors to (I) Obtain Postpetition Financing, (II) Use Cash Collateral, (III) Grant Senior Secured Liens and Provide Claims with Superpriority Administrative Expense Status, and (IV) Grant Adequate Protection to the Prepetition Secured Parties, (B) Modifying the Automatic Stay, and (C) Granting Related Relief [Docket No. 245].
9.
Estimation of Claims: The amounts of Secured, Unsecured, and Priority Claims reported in the Monthly Operating Reports are estimated based on the Debtors’ available information.
10.
Attachments and Exhibits: Bank statements and other supporting documents and exhibits are attached to the MORs as applicable for each Debtor entity. The Debtor entities that do not have bank statements or other supporting documents and exhibits attached to their MORs do not have bank accounts in their name. Any documents, exhibits, or statements attached to the MOR of CareMax, Inc. are incorporated by reference into the MOR for all Debtors.
11.
Reservation of Rights: The Debtors reserve all rights to amend or supplement the MOR in all respects, as may be necessary or appropriate, but shall be under no obligation to do so. Nothing contained in this MOR shall constitute a waiver of any of the Debtors’ rights or an admission with respect to their Chapter 11 Cases.

* * * END OF GLOBAL NOTES * * *

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

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UNITED STATES BANKRUPTCY COURT

 

 

Northern

DISTRICT OF

Texas

 

 

 

Dallas

 

 

In Re. CareMax, Inc.

§

Case No.

24-80093

 

 

§

 

 

 

 

§

Lead Case No.

24-80093

 

Debtor(s)

§

 

 

 

 

 

☒ Jointly Administered

 

 

Monthly Operating Report

Chapter 11

 

Reporting Period Ended:

11/30/2024

 

 

Petition Date:

11/17/2024

 

 

 

 

 

 

Months Pending:

0

 

 

Industry Classification:

6

2

1

1

Reporting Method:

 

Accrual Basis img12619940_0.jpg

Cash Basis img12619940_1.jpg

 

 

Debtor's Full-Time Employees (current):

 

1,100

 

 

Debtor's Full-Time Employees (as of date of order for relief):

1,100

 

 

 

 

 

Supporting Documentation (check all that are attached):

(For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)

 

☒

Statement of cash receipts and disbursements

☒

Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit

☒

Statement of operations (profit or loss statement)

☐

Accounts receivable aging

☐

Postpetition liabilities aging

☐

Statement of capital assets

☐

Schedule of payments to professionals

☐

Schedule of payments to insiders

☒

All bank statements and bank reconciliations for the reporting period

☐

Description of the assets sold or transferred and the terms of the sale or transfer

 

 

/s/ Paul Rundell

 

Paul Rundell

Signature of Responsible Party

 

Printed Name of Responsible Party

 

 

 

12/29/2024

 

540 West Madison Street, 18th Floor, Chicago, Illinois 60661

Date

 

Address

 

STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies.

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

Part 1: Cash Receipts and Disbursements

 

Current Month

 

Cumulative
a.
Cash balance beginning of month

$0

 

 
b.
Total receipts (net of transfers between accounts)

$0

 

$0
c.
Total disbursements (net of transfers between accounts)

$0

 

$0
d.
Cash balance end of month (a+b-c)

$0

 

 
e.
Disbursements made by third party for the benefit of the estate

$0

 

$0
f.
Total disbursements for quarterly fee calculation (c+e)

$0

 

$0

 

Part 2: Asset and Liability Status

(Not generally applicable to Individual Debtors. See Instructions.)

 

Current Month

 

 
a.
Accounts receivable (total net of allowance)

$0

 

 
b.
Accounts receivable over 90 days outstanding (net of allowance)

$0

 

 
c.
Inventory ( Book img12619940_2.jpg Market img12619940_3.jpg Other img12619940_3.jpg (attach explanation))

$0

 

 
d.
Total current assets

$655,561,812

 

 
e.
Total assets

$1,053,928,997

 

 
f.
Postpetition payables (excluding taxes)

$12,119,818

 

 
g.
Postpetition payables past due (excluding taxes)

$0

 

 
h.
Postpetition taxes payable

$0

 

 
i.
Postpetition taxes past due

$0

 

 
j.
Total postpetition debt (f+h)

$12,119,818

 

 
k.
Prepetition secured debt

$422,618,891

 

 
l.
Prepetition priority debt

$0

 

 
m.
Prepetition unsecured debt

$-9,472,666

 

 
n.
Total liabilities (debt) (j+k+l+m)

$425,266,043

 

 
o.
Ending equity/net worth (e-n)

$628,662,954

 

 

 

Part3: Assets Sold or Transferred

 

Current Month

 

Cumulative
a.
Total cash sales price for assets sold/transferred outside the ordinary course of business

$0

 

$0
b.
Total payments to third parties incident to assets being sold/transferred outside the ordinary course of business

 

$0

 

 

$0
c.
Net cash proceeds from assets sold/transferred outside the ordinary course of business (a-b)

 

 

 

$0

 

$0

 

Part 4: Income Statement (Statement of Operations)

(Not generally applicable to Individual Debtors. See Instructions.)

 

Current Month

 

Cumulative
a.
Gross income/sales (net of returns and allowances)

$0

 

 
b.
Cost of goods sold (inclusive of depreciation, if applicable)

$0

 

 
c.
Gross profit (a-b)

$0

 

 
d.
Selling expenses

$155,241

 

 
e.
General and administrative expenses

$212,750

 

 
f.
Other expenses

$0

 

 
g.
Depreciation and/or amortization (not included in 4b)

$0

 

 
h.
Interest

$52,402

 

 
i.
Taxes (local, state, and federal)

$7,778

 

 
j.
Reorganization items

$0

 

 
k.
Profit (loss)

$-428,171

 

$-428,171

 

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

Part 5: Professional Fees and Expenses

 

 

 

Approved

Current Month

Approved

Cumulative

Paid Current

Month

Paid

Cumulative

a.

Debtor's professional fees & expenses (bankruptcy) Aggregate Total

 

 

 

 

 

Itemized Breakdown by Firm

 

 

 

Firm Name

Role

 

i

 

 

 

 

 

 

ii

 

 

 

 

 

 

iii

 

 

 

 

 

 

iv

 

 

 

 

 

 

v

 

 

 

 

 

 

vi

 

 

 

 

 

 

vii

 

 

 

 

 

 

viii

 

 

 

 

 

 

ix

 

 

 

 

 

 

x

 

 

 

 

 

 

xi

 

 

 

 

 

 

xii

 

 

 

 

 

 

xiii

 

 

 

 

 

 

xiv

 

 

 

 

 

 

xv

 

 

 

 

 

 

xvi

 

 

 

 

 

 

xvii

 

 

 

 

 

 

xviii

 

 

 

 

 

 

xix

 

 

 

 

 

 

xx

 

 

 

 

 

 

xxi

 

 

 

 

 

 

xxii

 

 

 

 

 

 

xxiii

 

 

 

 

 

 

xxiv

 

 

 

 

 

 

xxv

 

 

 

 

 

 

xxvi

 

 

 

 

 

 

xxvii

 

 

 

 

 

 

xxviii

 

 

 

 

 

 

xxix

 

 

 

 

 

 

xxx

 

 

 

 

 

 

xxxi

 

 

 

 

 

 

xxxii

 

 

 

 

 

 

xxxiii

 

 

 

 

 

 

xxxiv

 

 

 

 

 

 

xxxv

 

 

 

 

 

 

xxxvi

 

 

 

 

 

 

 

 

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

 

xxxvii

 

 

 

 

 

 

xxxvii

 

 

 

 

 

 

xxxix

 

 

 

 

 

 

xl

 

 

 

 

 

 

xli

 

 

 

 

 

 

xlii

 

 

 

 

 

 

xliii

 

 

 

 

 

 

xliv

 

 

 

 

 

 

xlv

 

 

 

 

 

 

xlvi

 

 

 

 

 

 

xlvii

 

 

 

 

 

 

xlviii

 

 

 

 

 

 

xlix

 

 

 

 

 

 

l

 

 

 

 

 

 

li

 

 

 

 

 

 

lii

 

 

 

 

 

 

liii

 

 

 

 

 

 

liv

 

 

 

 

 

 

lv

 

 

 

 

 

 

lvi

 

 

 

 

 

 

lvii

 

 

 

 

 

 

lviii

 

 

 

 

 

 

lix

 

 

 

 

 

 

lx

 

 

 

 

 

 

lxi

 

 

 

 

 

 

lxii

 

 

 

 

 

 

lxiii

 

 

 

 

 

 

lxiv

 

 

 

 

 

 

lxv

 

 

 

 

 

 

lxvi

 

 

 

 

 

 

lxvii

 

 

 

 

 

 

lxviii

 

 

 

 

 

 

lxix

 

 

 

 

 

 

lxx

 

 

 

 

 

 

lxxi

 

 

 

 

 

 

lxxii

 

 

 

 

 

 

lxxiii

 

 

 

 

 

 

lxxiv

 

 

 

 

 

 

lxxv

 

 

 

 

 

 

lxxvi

 

 

 

 

 

 

lxxvii

 

 

 

 

 

 

lxxvii

 

 

 

 

 

 

 

 

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

 

lxxix

 

 

 

 

 

 

lxxx

 

 

 

 

 

 

lxxxi

 

 

 

 

 

 

lxxxii

 

 

 

 

 

 

lxxxii

 

 

 

 

 

 

lxxxiv

 

 

 

 

 

 

lxxxv

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxix

 

 

 

 

 

 

xc

 

 

 

 

 

 

xci

 

 

 

 

 

 

xcii

 

 

 

 

 

 

xciii

 

 

 

 

 

 

xciv

 

 

 

 

 

 

xcv

 

 

 

 

 

 

xcvi

 

 

 

 

 

 

xcvii

 

 

 

 

 

 

xcviii

 

 

 

 

 

 

xcix

 

 

 

 

 

 

c

 

 

 

 

 

 

ci

 

 

 

 

 

 

 

 

 

Approved

Current Month

Approved

Cumulative

Paid Current

Month

Paid

Cumulative

b.

Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total

 

 

 

 

 

Itemized Breakdown by Firm

 

 

 

Firm Name

Role

 

i

 

 

 

 

 

 

ii

 

 

 

 

 

 

iii

 

 

 

 

 

 

iv

 

 

 

 

 

 

v

 

 

 

 

 

 

vi

 

 

 

 

 

 

vii

 

 

 

 

 

 

viii

 

 

 

 

 

 

ix

 

 

 

 

 

 

x

 

 

 

 

 

 

xi

 

 

 

 

 

 

xii

 

 

 

 

 

 

xiii

 

 

 

 

 

 

xiv

 

 

 

 

 

 

 

 

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

 

xv

 

 

 

 

 

 

xvi

 

 

 

 

 

 

xvii

 

 

 

 

 

 

xviii

 

 

 

 

 

 

xix

 

 

 

 

 

 

xx

 

 

 

 

 

 

xxi

 

 

 

 

 

 

xxii

 

 

 

 

 

 

xxiii

 

 

 

 

 

 

xxiv

 

 

 

 

 

 

xxv

 

 

 

 

 

 

xxvi

 

 

 

 

 

 

xxvii

 

 

 

 

 

 

xxviii

 

 

 

 

 

 

xxix

 

 

 

 

 

 

xxx

 

 

 

 

 

 

xxxi

 

 

 

 

 

 

xxxii

 

 

 

 

 

 

xxxiii

 

 

 

 

 

 

xxxiv

 

 

 

 

 

 

xxxv

 

 

 

 

 

 

xxxvi

 

 

 

 

 

 

xxxvii

 

 

 

 

 

 

xxxvii

 

 

 

 

 

 

xxxix

 

 

 

 

 

 

xl

 

 

 

 

 

 

xli

 

 

 

 

 

 

xlii

 

 

 

 

 

 

xliii

 

 

 

 

 

 

xliv

 

 

 

 

 

 

xlv

 

 

 

 

 

 

xlvi

 

 

 

 

 

 

xlvii

 

 

 

 

 

 

xlviii

 

 

 

 

 

 

xlix

 

 

 

 

 

 

l

 

 

 

 

 

 

li

 

 

 

 

 

 

lii

 

 

 

 

 

 

liii

 

 

 

 

 

 

liv

 

 

 

 

 

 

lv

 

 

 

 

 

 

lvi

 

 

 

 

 

 

 

 

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

 

lvii

 

 

 

 

 

 

lviii

 

 

 

 

 

 

lix

 

 

 

 

 

 

lx

 

 

 

 

 

 

lxi

 

 

 

 

 

 

lxii

 

 

 

 

 

 

lxiii

 

 

 

 

 

 

lxiv

 

 

 

 

 

 

lxv

 

 

 

 

 

 

lxvi

 

 

 

 

 

 

lxvii

 

 

 

 

 

 

lxviii

 

 

 

 

 

 

lxix

 

 

 

 

 

 

lxx

 

 

 

 

 

 

lxxi

 

 

 

 

 

 

lxxii

 

 

 

 

 

 

lxxiii

 

 

 

 

 

 

lxxiv

 

 

 

 

 

 

lxxv

 

 

 

 

 

 

lxxvi

 

 

 

 

 

 

lxxvii

 

 

 

 

 

 

lxxvii

 

 

 

 

 

 

lxxix

 

 

 

 

 

 

lxxx

 

 

 

 

 

 

lxxxi

 

 

 

 

 

 

lxxxii

 

 

 

 

 

 

lxxxii

 

 

 

 

 

 

lxxxiv

 

 

 

 

 

 

lxxxv

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxvi

 

 

 

 

 

 

lxxxix

 

 

 

 

 

 

xc

 

 

 

 

 

 

xci

 

 

 

 

 

 

xcii

 

 

 

 

 

 

xciii

 

 

 

 

 

 

xciv

 

 

 

 

 

 

xcv

 

 

 

 

 

 

xcvi

 

 

 

 

 

 

xcvii

 

 

 

 

 

 

xcviii

 

 

 

 

 

 

xcix

 

 

 

 

 

 

c

 

 

 

 

 

 

c.

All professional fees and expenses (debtor & committees)

$0

$0

$0

$0

 

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Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

 

Part 6: Postpetition Taxes

 

Current Month

 

 Cumulative

a.

Postpetition income taxes accrued (local, state, and federal)

 

$0

 

$0

b.

Postpetition income taxes paid (local, state, and federal)

 

$0

 

$0

c.

Postpetition employer payroll taxes accrued

 

$0

 

$0

d.

Postpetition employer payroll taxes paid

 

$0

 

$0

e.

Postpetition property taxes paid

 

$0

 

$0

f.

Postpetition other taxes accrued (local, state, and federal)

 

$16,694

 

$16,694

g.

Postpetition other taxes paid (local, state, and federal)

 

$0

 

$0

 

Part 7: Questionnaire - During this reporting period:

 

 

 

 

a.

Were any payments made on prepetition debt? (if yes, see Instructions)

 

Yes img12619940_4.jpg    No img12619940_2.jpg

b.

Were any payments made outside the ordinary course of business without court approval? (if yes, see Instructions)

 

Yes img12619940_4.jpg    No img12619940_2.jpg

c.

Were any payments made to or on behalf of insiders?

 

Yes img12619940_4.jpg    No img12619940_2.jpg

d.

Are you current on postpetition tax return filings?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

e.

Are you current on postpetition estimated tax payments?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

f.

Were all trust fund taxes remitted on a current basis?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

g.

Was there any postpetition borrowing, other than trade credit?
(if yes, see Instructions)

 

Yes img12619940_4.jpg    No img12619940_2.jpg

h.

Were all payments made to or on behalf of professionals approved by the court?

 

Yes img12619940_4.jpg    No img12619940_4.jpg  N/A img12619940_2.jpg

i.

Do you have:

Worker's compensation insurance?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

 

 

If yes, are your premiums current?

 

Yes img12619940_2.jpg    No img12619940_4.jpg  N/A img12619940_4.jpg (if no, see Instructions)

 

 

Casualty/property insurance?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

 

 

If yes, are your premiums current?

 

Yes img12619940_2.jpg    No img12619940_4.jpg  N/A img12619940_4.jpg (if no, see Instructions)

 

 

General liability insurance?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

 

 

If yes, are your premiums current?

 

Yes img12619940_2.jpg    No img12619940_4.jpg  N/A img12619940_4.jpg (if no, see Instructions)

j.

Has a plan of reorganization been filed with the court?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

k.

Has a disclosure statement been filed with the court?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

l.

Are you current with quarterly U.S. Trustee fees as
set forth under 28 U.S.C. § 1930?

 

Yes img12619940_2.jpg    No img12619940_4.jpg

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Main Document Page 12 of 15

 

Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

Part 8: Individual Chapter 11 Debtors (Only)

 

 

 

 

a.

Gross income (receipts) from salary and wages

$0

 

b.

Gross income (receipts) from self-employment

$0

 

c.

Gross income from all other sources

$0

 

d.

Total income in the reporting period (a+b+c)

$0

 

e.

Payroll deductions

$0

 

f.

Self-employment related expenses

$0

 

g.

Living expenses

$0

 

h.

All other expenses

$0

 

i.

Total expenses in the reporting period (e+f+g+h)

$0

 

j.

Difference between total income and total expenses (d-i)

$0

 

k.

List the total amount of all postpetition debts that are past due

$0

 

l.

Are you required to pay any Domestic Support Obligations as defined by 11 U.S.C § 101(14A)?

Yes

img12619940_5.jpg

No

img12619940_6.jpg

 

 

 

m.

If yes, have you made all Domestic Support Obligation payments?

Yes

img12619940_5.jpg

No

img12619940_5.jpg

N/A

img12619940_6.jpg

 

 

Privacy Act Statement

28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. §§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress through the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http:// www.justice.gov/ust/eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).

I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting documentation are true and correct and that I have been authorized to sign this report on behalf of the estate.

 

 

 

/s/ Paul Rundell

 

Paul Rundell

Signature of Responsible Party

 

Printed Name of Responsible Party

Chief Restructuring Officer

 

12/29/2024

Title

 

Date

 

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Main Document Page 13 of 15

 

Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

img12619940_7.jpg

 

img12619940_8.jpg

 

img12619940_9.jpg

 

img12619940_10.jpg

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Main Document Page 14 of 15

 

Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

img12619940_11.jpg

 

img12619940_12.jpg

 

Case 24-80093-mvl11 Doc 332 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Main Document Page 15 of 15

 

Debtor's Name

CareMax, Inc.

 

Case No.

24-80093

 

 

 

 

 

 

 

img12619940_13.jpg

 

img12619940_14.jpg

 

 

Case 24-80093-mvl11 Doc 332-1 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 1 Page 1 of 2

 

Exhibit 1

Statement of Cash Receipts and Disbursements

 

Case 24-80093-mvl11 Doc 332-1 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 1 Page 2 of 2

 

 

 

Exhibit - 1

In re: CareMax, Inc. et al

Case No.:

24-80093

 

Reporting Period:

11/17/2024 - 11/30/2024

 

Statement of Cash Receipts and Disbursements

 

Debtor

Case Number

Cash Balance Beg. of Period

Cash Receipts

Cash Disbursements

Cash Balance EOM

Disbursements by 3rd Party

Total Disbursements

Care Alliance, L.L.C.

24-80138

$

10,018

 

$

106,063

$

-

 

$

116,081

 

 

$

-

 

Care Optical, L.L.C.

24-80143

 

(32,078

)

 

199,726

 

(125,583

)

 

42,065

 

 

 

(125,583

)

Care Optimize, L.L.C.

24-80096

 

7,184

 

 

9

 

(3,742

)

 

3,450

 

 

 

(3,742

)

CareMax Accountable Care Network, L.L.C.

24-80134

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMax Health Partners,L.L.C.

24-80136

 

763

 

 

2

 

-

 

 

765

 

 

 

-

 

CareMax IPA, L.L.C.

24-80101

 

-

 

 

500

 

(0

)

 

500

 

 

 

(0

)

CareMax Medical Center of Broward, L.L.C.

24-80094

 

-

 

 

497

 

-

 

 

497

 

 

 

-

 

CareMax Medical Center of Coral Way, L.L.C.

24-80126

 

-

 

 

13

 

-

 

 

13

 

 

 

-

 

CareMax Medical Center of East Hialeah, L.L.C.

24-80130

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMax Medical Center of Hialeah, L.L.C.

24-80103

 

-

 

 

137

 

-

 

 

137

 

 

 

-

 

CareMax Medical Center of Homestead, L.L.C.

24-80123

 

-

 

 

286

 

-

 

 

286

 

 

 

-

 

CareMax Medical Center of Little Havana II, L.L.C.

24-80129

 

-

 

 

345

 

-

 

 

345

 

 

 

-

 

CareMax Medical Center of Little Havana, L.L.C.

24-80097

 

-

 

 

258

 

-

 

 

258

 

 

 

-

 

CareMax Medical Center of North Miami, L.L.C.

24-80106

 

-

 

 

197

 

-

 

 

197

 

 

 

-

 

CareMax Medical Center of Pembroke Pines, L.L.C.

24-80120

 

-

 

 

2,794

 

-

 

 

2,794

 

 

 

-

 

CareMax Medical Center of Tamarac, L.L.C.

24-80108

 

-

 

 

0

 

-

 

 

0

 

 

 

-

 

CareMax Medical Center of Westchester, L.L.C.

24-80109

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMax Medical Center, L.L.C.

24-80128

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMax Medical Centers of Central Florida, L.L.C.

24-80114

 

-

 

 

192,922

 

(37

)

 

192,884

 

 

 

(37

)

CareMax Medical Group, L.L.C.

24-80102

 

3,279

 

 

6

 

-

 

 

3,286

 

 

 

-

 

CareMax National Care Network, L.L.C.

24-80135

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMax of Miami L.L.C.

24-80105

 

-

 

 

308

 

-

 

 

308

 

 

 

-

 

CareMax, Inc.

24-80093

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

CareMed Pharmacy, L.L.C.

24-80107

 

1,291,269

 

 

2,258,199

 

(1,206,246

)

 

2,343,222

 

 

 

(1,206,246

)

Clear Scripts, L.L.C.

24-80118

 

210,989

 

 

828

 

-

 

 

211,817

 

 

 

-

 

Interamerican Medical Center Group, L.L.C.

24-80117

 

21,256

 

 

2,459,803

 

(14,630

)

 

2,466,429

 

 

 

(14,630

)

Jesus Montesano, MD, L.L.C.

24-80110

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

Jose Orcasita-NG, L.L.C.

24-80121

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

Managed Healthcare Partners, L.L.C.

24-80112

 

13,798,031

 

 

12,600,852

 

(5,316,519

)

 

21,082,364

 

 

 

(5,316,519

)

Medical Care of NY, P.C.

24-80142

 

26,664

 

 

59

 

(8,298

)

 

18,425

 

 

 

(8,298

)

Medical Care of Tennessee, P.L.L.C.

24-80141

 

211,456

 

 

9,227

 

-

 

 

220,683

 

 

 

-

 

Medical Care of Texas, P.L.L.C.

24-80140

 

602

 

 

-

 

-

 

 

602

 

 

 

-

 

Physician Service Organization L.L.C.

24-80100

 

-

 

 

-

 

-

 

 

-

 

 

 

-

 

RX Marine Inc.

24-80145

 

59,485

 

 

397,989

 

(24,598

)

 

432,876

 

 

 

(24,598

)

Sparta Texas ACO, Inc.

24-80092

 

386,130

 

 

5,054

 

-

 

 

391,183

 

 

 

-

 

Sunset Cardiology, L.L.C.

24-80099

 

1

 

 

29,022

 

-

 

 

29,023

 

 

 

-

 

Total Cash Receipts and Cash Disbursements

 

$

15,995,050

 

$

18,265,095

$

(6,699,653

)

$

27,560,491

$

-

$

(6,699,653

)

 

 

 

Case 24-80093-mvl11 Doc 332-2 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 2 Page 1 of 2

 

Exhibit 2

Balance Sheet by Reporting Entity

 

Case 24-80093-mvl11 Doc 332-2 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 2 Page 2 of 2

 

 

 

 

Exhibit - 2

In re: CareMax, Inc. et al

Case No.:

24-80093

 

Reporting Period:

11/17/24 - 11/30/24

 

Balance Sheet by Reporting Entity

 

 

Case Number

24-80138

 

24-80137

 

24-80143

 

24-80107

 

24-80093

 

24-80112

 

24-80118

 

24-80142

 

24-80141

 

24-80140

 

24-80136

 

24-80134

 

24-80135

 

 

Care Alliance,

L.L.C.

 

CareMax

Holdings,

L.L.C.

 

Care Optical,

L.L.C.

CareMed

Pharmacy,

L.L.C.

CareMax,

Inc.

Managed

Healthcare

Partners,

L.L.C.

Clear

Scripts,

L.L.C.

Medical

Care of

NY, P.C.

Medical

Care of

Tennessee,

P.L.L.C.

Medical

Care of

Texas,

P.L.L.C.

 

CareMax

Health

Partners,

L.L.C.

CareMax

Accountable

Care Network,

L.L.C.

CareMax

National

Care Network,

L.L.C.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and Cash Equivalents

116,081

 

27,450

 

42,065

 

2,343,222

 

-

 

16,811,876

 

644,693

 

18,425

 

220,683

 

602

 

7,370,464

 

-

 

-

 

Accounts Receivable, Net

-

 

(180

)

-

 

1,107,003

 

-

 

31,355,734

 

260,683

 

-

 

-

 

0

 

1,421,500

 

3,480,331

 

36,193,632

 

Inventory

-

 

-

 

-

 

396,001

 

-

 

15,733

 

380,884

 

-

 

-

 

-

 

-

 

-

 

-

 

Prepaid Expenses

2,105

 

-

 

-

 

16,813

 

7,271,278

 

8,957,093

 

-

 

56,473

 

2,779

 

-

 

253,638

 

-

 

210,001

 

Intercompany Receivable

-

 

-

 

-

 

999,551

 

648,290,535

 

76,489,110

 

-

 

-

 

-

 

-

 

1,739,386

 

-

 

-

 

Total Current Assets

118,187

 

27,270

 

42,065

 

4,862,591

 

655,561,812

 

133,629,545

 

1,286,260

 

74,898

 

223,462

 

602

 

10,784,987

 

3,480,331

 

36,403,633

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Assets, Net

33,248

 

4,627

 

6,189

 

873,834

 

-

 

15,556,842

 

4,180

 

-

 

-

 

-

 

-

 

-

 

-

 

Intangible Assets, Net

-

 

292,367

 

-

 

384,596

 

-

 

47,786,960

 

-

 

18,659

 

-

 

7,639

 

3,397,744

 

-

 

-

 

Investments

-

 

5,124,109

 

-

 

-

 

398,367,185

 

328,453,339

 

2,000,000

 

-

 

-

 

-

 

-

 

-

 

-

 

Deposits and Prepayments

-

 

11,086

 

9,482

 

17,048

 

-

 

12,542,784

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Other Assets

3,720

 

420,000

 

-

 

644,630

 

-

 

41,652,763

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Total Assets

155,154

 

5,879,460

 

57,737

 

6,782,699

 

1,053,928,997

 

579,622,233

 

3,290,440

 

93,557

 

223,462

 

8,242

 

14,182,731

 

3,480,331

 

36,403,633

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postpetition Accounts Payable

-

 

126,475

 

-

 

1,190,376

 

-

 

1,012,856

 

-

 

-

 

-

 

-

 

24,712

 

-

 

-

 

Prepetition Accounts Payable

-

 

213,683

 

-

 

528,066

 

-

 

11,658,144

 

-

 

-

 

-

 

-

 

35,029

 

-

 

-

 

Accrued Liabilities

16,997

 

-

 

21,390

 

839,863

 

34,167

 

12,044,491

 

3,231

 

20,547

 

3,484

 

3,208

 

-

 

-

 

-

 

Deferred Revenue

-

 

-

 

-

 

-

 

-

 

38,974,844

 

-

 

148,541

 

32,914

 

-

 

9,681,680

 

(1,410,201

)

(37,681,449

)

Intercompany Payable

832,635

 

7,178,832

 

-

 

2,536,020

 

-

 

701,431,206

 

2,302,048

 

6,235,574

 

2,276,279

 

1,050,357

 

3,126,691

 

-

 

280,876

 

Other Current Liabilities

3,867

 

(4,223

)

-

 

134,160

 

49,365

 

77,157,134

 

-

 

-

 

-

 

-

 

(273,415

)

532,440

 

5,137,676

 

Total Current Liabilities

853,499

 

7,514,767

 

21,390

 

5,228,484

 

83,532

 

842,278,676

 

2,305,279

 

6,404,663

 

2,312,678

 

1,053,566

 

12,594,697

 

(877,761

)

(32,262,897

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans

-

 

-

 

-

 

730,637

 

-

 

1,436,671

 

-

 

2,149,078

 

825,503

 

541,000

 

-

 

-

 

-

 

Post-Petition DIP Financing

-

 

-

 

-

 

-

 

12,119,818

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Prepetition Secured Debt

-

 

-

 

-

 

-

 

422,618,891

 

5,500

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Other Liabilities

-

 

-

 

-

 

551,420

 

(9,556,197

)

129,016,499

 

105,495

 

-

 

-

 

-

 

(5,578,470

)

501,486

 

(3,962,235

)

Total Liabilities

853,499

 

7,514,767

 

21,390

 

6,510,542

 

425,266,043

 

972,737,346

 

2,410,774

 

8,553,741

 

3,138,181

 

1,594,566

 

7,016,226

 

(376,274

)

(36,225,132

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Partners Equity

-

 

5,124,109

 

-

 

1,850,000

 

-

 

726,784,524

 

150,000

 

-

 

-

 

-

 

-

 

-

 

-

 

Common Stock

-

 

-

 

-

 

-

 

11,087

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Additional Paid In Capital

-

 

-

 

-

 

-

 

790,273,615

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Retained Earnings

(701,299

)

(4,421,613

)

53,626

 

(280,134

)

(85,310,368

)

(694,494,072

)

666,595

 

(5,528,873

)

(1,901,363

)

(1,308,987

)

4,699,841

 

4,643,713

 

62,995,698

 

Net Income (Loss)

2,954

 

(2,190,337

)

(17,279

)

(1,297,708

)

(76,311,379

)

(425,405,565

)

63,071

 

(2,931,310

)

(1,013,355

)

(277,337

)

2,466,663

 

(787,107

)

9,633,067

 

Total Stockholders Equity

(698,345

)

(1,487,840

)

36,347

 

272,157

 

628,662,954

 

(393,115,113

)

879,666

 

(8,460,183

)

(2,914,718

)

(1,586,324

)

7,166,505

 

3,856,605

 

72,628,765

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Liabilities and S/E

155,154

 

6,026,926

 

57,737

 

6,782,699

 

1,053,928,997

 

579,622,233

 

3,290,440

 

93,557

 

223,462

 

8,242

 

14,182,731

 

3,480,331

 

36,403,633

 

 

 

Case 24-80093-mvl11 Doc 332-3 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 3 Page 1 of 2

 

Exhibit 3

Income Statement by Reporting Entity

 

Case 24-80093-mvl11 Doc 332-3 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 3 Page 2 of 2

 

 

 

 

Exhibit - 3

In re: CareMax, Inc. et al

Case No.:

24-80093

 

Reporting Period:

11/17/24 - 11/30/24

 

Income Statement by Reporting Entity

 

Case Number

24-80138

 

24-80137

 

24-80143

24-80107

 

24-80093

 

24-80112

 

24-80118

 

24-80142

 

24-80141

 

24-80140

 

24-80136

 

24-80134

24-80135

 

Care Alliance,

L.L.C.

CareMax

Holdings,

L.L.C.

Care Optical,

L.L.C.

CareMed

Pharmacy,

L.L.C.

CareMax,

Inc.

 

Managed

Healthcare

Partners,

L.L.C.

Clear

Scripts,

L.L.C.

Medical

Care of

NY, P.C.

Medical

Care of

Tennessee,

P.L.L.C.

Medical

Care of

Texas,

P.L.L.C.

CareMax

Health

Partners,

L.L.C.

CareMax

Accountable

Care Network,

L.L.C.

CareMax

National

Care

Network,

L.L.C.

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service Fund Revenue

-

 

-

 

-

-

 

-

 

23,447,719

 

-

 

-

 

-

 

-

 

(48,713

)

60,577

1,622,524

Other Revenue

-

 

-

 

-

1,197,906

 

-

 

1,221,456

 

223,385

 

809

 

4,560

 

-

 

8,053

 

-

-

Care Optimize Revenue

-

 

-

 

-

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

-

Care Alliance Revenue

-

 

-

 

111,273

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

-

Total Income

-

 

-

 

111,273

1,197,906

 

-

 

24,669,176

 

223,385

 

809

 

4,560

 

-

 

(40,661

)

60,577

1,622,524

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical Expense

-

 

-

 

-

-

 

-

 

19,598,284

 

-

 

-

 

-

 

-

 

-

 

-

-

Other COGS (Ex. Reorg Expenses)

1,167

 

-

 

-

2,056,854

 

-

 

(689,109

)

384,368

 

22,336

 

-

 

-

 

46,305

 

6,058

162,252

Care Optimize COGS

-

 

6,718

 

-

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

-

Alliance COGS

10,674

 

-

 

-

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

-

IPA Expense

-

 

-

 

-

-

 

-

 

17,449

 

-

 

-

 

-

 

-

 

-

 

-

-

Total Cost of Sales (Ex. Reorg Expenses)

11,840

 

6,718

 

-

2,056,854

 

-

 

18,926,624

 

384,368

 

22,336

 

-

 

-

 

46,305

 

6,058

162,252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reorganization Expenses

-

 

-

 

-

-

 

-

 

1,399,325

 

-

 

-

 

-

 

-

 

-

 

-

-

Total Cost of Sales

11,840

 

6,718

 

-

2,056,854

 

-

 

20,325,949

 

384,368

 

22,336

 

-

 

-

 

46,305

 

6,058

162,252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Gross Profit

(11,840

)

(6,718

)

111,273

(858,947

)

-

 

4,343,227

 

(160,983

)

(21,528

)

4,560

 

-

 

(86,965

)

54,519

1,460,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payroll

24,159

 

122,438

 

44,822

81,545

 

155,241

 

3,151,745

 

8,970

 

1,034

 

62

 

-

 

2,944

 

-

-

General and Administrative

4,630

 

27,298

 

112

13,100

 

212,750

 

2,733,508

 

2,205

 

569

 

1,540

 

202

 

8,621

 

-

-

Depreciation and Amortization

334

 

2,330

 

83

13,544

 

-

 

509,150

 

49

 

-

 

-

 

-

 

-

 

-

-

Total Expenses

29,124

 

152,065

 

45,017

108,189

 

367,991

 

6,394,402

 

11,224

 

1,603

 

1,602

 

202

 

11,564

 

-

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense)

18

 

39

 

-

1,930

 

-

 

25,247

 

562

 

-

 

-

 

-

 

-

 

-

-

Interest

-

 

(814

)

-

-

 

52,402

 

107,656

 

-

 

-

 

-

 

-

 

-

 

-

-

Taxes

-

 

1,836

 

-

-

 

7,778

 

-

 

-

 

-

 

-

 

-

 

-

 

-

-

Total Net Income

(40,946

)

(159,767

)

66,256

(965,207

)

(428,171

)

(2,133,585

)

(171,646

)

(23,130

)

2,958

 

(202

)

(98,530

)

54,519

1,460,271

 

 

Case 24-80093-mvl11 Doc 332-4 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 4 Page 1 of 4

 

Exhibit 4

Post-Petition Liabilities Aging

 

 

Case 24-80093-mvl11 Doc 332-4 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 4 Page 2 of 4

 

 

In re: CareMax, Inc. et al

 

Case No.:

Exhibit - 4

24-80093

 

 

 

Reporting Period:

11/17/24 - 11/30/24

 

 

 

 

 

Case Number

24-80137

24-80107

24-80112

24-80136

 

CareMax Holdings,

L.L.C.

CareMed

Pharmacy, L.L.C.

Managed

Healthcare

Partners, L.L.C.

CareMax Health

Partners, L.L.C.

ADP Screening & Selection Services

-

-

381

-

ADT Security Services

-

-

297

-

Aflac Group Insurance

-

-

859

-

AG Home Therapy Inc

-

-

1,705

-

AG Music Entertaiment & Production Inc

-

-

5,841

-

img12619940_15.jpg  MD PA

-

-

433

-

img12619940_16.jpg MD

-

-

2,058

-

img12619940_17.jpg , DPM PA

-

-

600

-

All Covered

-

-

9,238

-

All Oxygen Refills Inc

-

-

600

-

Ambulatory Diagnostic Center, Inc

-

-

7,991

-

American AC & Refrigeration

-

-

1,820

-

American Business Forms, Inc

-

-

414

-

Angeles Food Corp

-

-

23,816

-

Art Production Studio , LLC

-

-

135

-

AT & T

-

-

6,825

-

Atlas Pest Solutions Corp.

-

-

499

-

Award Hero

-

-

2,128

-

Best Office Group

-

-

939

-

Bilgar Consulting LLC

-

-

863

-

Bonini Group 3 LLC

-

-

1,959

-

Brevard Family Walk-In Clinic LLC

-

-

-

1,589

Brinks Home Security, Inc

-

-

148

-

Broward A&C Medical Supply

-

-

74

-

Cakes by Shirley

-

-

140

-

Call center services & BPO Colombia

125,818

-

-

-

Canon Financial Services Inc

-

-

213

-

Cardinal Health, Inc

-

530,377

-

-

img12619940_18.jpg

-

-

3,654

-

Casa de Corazon

-

-

1,530

-

Celer Health LLC

-

12,639

-

-

Cintas Corporation No. 2

-

-

419

-

City of Deerfield Beach

-

-

34

-

City of Homestead - Utility

-

-

755

-

City of Oakland Park - Utility Lockbox

-

-

90

-

City of Pembroke Pines-Class

-

-

170

-

CLIA Laboratory Program

-

-

248

-

Collected Strategies LLC

-

-

41,350

-

Comcast

-

130

5,435

-

Copier Rescue Inc

-

-

592

-

CPA By Choice Inc

-

-

2,871

-

CVS Security Group, LLC

-

-

2,091

-

CyraCom, LLC

-

-

33

-

D/B/A Miami Wellness

-

-

8,000

-

Datalink Service Fund Solutions, LLC

-

-

1,306

-

img12619940_19.jpg

-

1,830

-

-

De Lage Landen Financial Services, Inc

-

-

4,234

-

DeliverHealth Solutions LLC

-

-

59

-

DeliverStat, LLC

-

49,382

-

-

Digestive and Liver Center of Florida

-

-

1,500

-

DoctorFare, INC

-

-

3,788

-

Donnelley Financial, LLC

-

-

322

-

Elite Auto Collision Miami Corp

-

-

96

-

img12619940_20.jpg , DPM

-

-

5,850

-

Emilio's BBQ Catering Services Corp

-

-

32,687

-

img12619940_21.jpg DO PL

-

-

10,800

-

EPC Consultants LLC

-

986

-

-

EverBank Commercial Finance

-

-

2,081

-

FedEx

-

-

188

-

First Physician, PLLC

-

-

-

4,534

Florida Fire Alarm, Inc

-

-

(4,862)

-

Florida Medical Management Partners, Inc

-

-

4,500

-

Foot And Ankle Network, Inc.

-

-

12,500

-

FPL

-

-

2,150

-

img12619940_22.jpg

-

-

150

-

img12619940_23.jpg

-

-

8,000

-

 

Case 24-80093-mvl11 Doc 332-4 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 4 Page 3 of 4

 

In re: CareMax, Inc. et al

 

Case No.:

Exhibit - 4

24-80093

 

 

 

Reporting Period:

11/17/24 - 11/30/24

 

 

 

 

 

Case Number

24-80137

24-80107

24-80112

24-80136

 

CareMax Holdings,

L.L.C.

CareMed

Pharmacy, L.L.C.

Managed

Healthcare

Partners, L.L.C.

CareMax Health

Partners, L.L.C.

Frontier

-

-

124

-

Galileo Optical Laboratory

-

-

6,734

-

img12619940_24.jpg  MD PA

-

-

6,000

-

GFL Enviromental

-

-

20

-

Gold Coast Maintenance, Inc

-

-

5,217

-

Goodwin Procter LLP

-

-

3,410

-

img12619940_25.jpg

-

-

7,500

-

Harmony Sound Music Services LLC

-

-

2,700

-

Health Catalyst, Inc.

-

-

18,667

-

Health Promotions LLC

-

-

1,200

-

Higher Focus Media , LLC

-

-

13,863

-

Image First Healthcare Laundry Specialist

-

-

1,690

-

Indian River Primary Care

-

-

-

8,444

Internal Medicine of Brevard, PLLC

-

-

-

191

Inventurus Knowledge Solution Inc

-

-

8,800

-

Iron Mountain

-

-

301

-

img12619940_26.jpg

-

-

150

-

img12619940_24.jpg

-

1,440

-

-

Jai Ho LLC

-

-

-

153

JC Auto Services II, INC.

-

-

329

-

Kold Steel Inc d/ba Sound Imaging Services

-

-

4,755

-

KRM Radiology PA

-

-

272

-

Lab - Tech Florida

-

-

1,053

-

Lacus Neuro, PLLC

-

-

7,140

-

Leading Fitness LLC

-

-

415

-

LEAF

-

-

741

-

Level 3 Communications LLC

-

-

249

-

Loza Pest Solutions

-

-

200

-

img12619940_27.jpg

-

-

1,346

-

LYFT, Inc

-

-

4,782

-

M & J Full Services LLC

-

-

13,784

-

img12619940_28.jpg MD PA

-

-

9,750

-

img12619940_29.jpg

-

-

1,288

-

img12619940_30.jpg

-

-

1,846

-

Martech Investment Corporation

-

-

-

782

img12619940_31.jpg

-

-

770

-

MB Mobile Repair

-

-

9,403

-

McKesson Corporation

-

592,855

4,931

-

McKesson Medical Surgical

-

-

7,054

-

Medical Electronics Inc

-

-

723

-

Medical Health Services of South Florida

-

-

2,167

-

Medical Waste Management

-

45

614

-

MedPro Waste Disposal, LLC

-

-

55

-

MetLife

-

-

1,706

-

Metropolitan Telecommunications- Mettel

-

-

273

-

Miami Dade Water & Sewer Dept

-

-

148

-

img12619940_32.jpg

-

-

2,172

-

img12619940_33.jpg

-

-

250

-

img12619940_34.jpg MD PA

-

-

-

973

Nationwide

-

-

405

-

Navitas Credit Corp

-

-

2,495

-

nexAir,LLC

-

-

1,419

-

img12619940_35.jpg

-

-

1,308

-

img12619940_36.jpg

-

-

1,424

-

Nova Healthcare Management

-

-

5,958

-

Olymbec USA LLC

-

-

270

-

Oracle Elevator Holdco Inc

-

-

81

-

Orlando Utilities Commission

-

-

70

-

Outpatient Psy Care, Inc

-

-

8,500

-

Permian Premier Health Services, INC

-

-

9,204

-

Psych Me Health Services INC

-

-

5,100

-

Pulmonary Physician of South Florida, LLC

-

-

11,400

-

Quality Health Care, Inc. of Florida

-

-

-

1,160

Quality Managed Health Care Inc

-

-

7,425

-

 

Case 24-80093-mvl11 Doc 332-4 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 4 Page 4 of 4

 

In re: CareMax, Inc. et al

 

Case No.:

Exhibit - 4

24-80093

 

 

 

Reporting Period:

11/17/24 - 11/30/24

 

 

 

 

 

Case Number

24-80137

24-80107

24-80112

24-80136

 

CareMax Holdings,

L.L.C.

CareMed

Pharmacy, L.L.C.

Managed

Healthcare

Partners, L.L.C.

CareMax Health

Partners, L.L.C.

Quench USA, Inc

-

-

113

-

Radiation Detection Company, Inc

-

-

495

-

Radphysics Consultants Inc

-

-

200

-

img12619940_37.jpg

-

-

-

629

Ramswel, Inc

-

-

8,702

-

Republic Service #696

-

-

384

-

img12619940_38.jpg M.D. LLC

-

-

-

297

img12619940_39.jpg M.D.

-

-

-

986

Right Medical Care

-

-

-

438

RingCentral Inc

-

-

58,736

-

Roberto & Silvio Lawn Services Inc

-

-

468

-

Roberts Oxygen Company Inc

-

-

92

-

img12619940_40.jpg

-

-

2,119

-

Ropes & Gray LLP

-

-

104,656

-

img12619940_41.jpg

-

-

130

-

img12619940_42.jpg , M.D.

-

-

870

-

Santa Fe Body Shop

-

-

1,616

-

Savannah Consulting Inc.

-

-

1,300

-

Sculptur Fit LLC

-

-

107

-

Sharp Business Systems

-

-

779

-

Shredco

-

-

607

-

Simplified Imaging Solutions, LLC

-

-

4,259

-

SLU INC

-

-

1,177

-

Sol de Borinquen Bakery

-

-

13,511

-

South Florida Pulmonary & Critical Care Associates,

-

-

4,000

-

Southeast Diagnostic Reading Services, Inc.

-

-

3,075

-

Space Coast Internal Medicine & Geriatrics LLC

-

-

-

616

Spectrum Business

-

-

1,581

-

Staples Contract & Commercial LLC

-

-

10,873

-

Stericycle, Inc.

-

-

851

-

Sterling Technology Limited

-

-

2,998

-

Stretto Inc

-

-

298,163

-

img12619940_43.jpg , DO

-

-

-

935

Tampa Electric Company

-

-

780

-

Telecare Call-Center LLC

-

-

176

-

Telefonica Global Solutions USA, Inc

-

-

1,534

-

The Nursing Station

-

-

825

-

The Sourcing Group, LLC

-

-

357

-

img12619940_44.jpg

-

-

936

-

Thrive Operations LLC

-

-

375

-

T-Mobile

-

-

2,965

-

T-Mobile.

-

-

85

-

Toho Water Authority

-

-

24

-

Tribe Healthcare Services LLC

-

-

3,770

-

Trilogy Medwaste Southeast LLC

-

-

587

-

Truly Nolen of America, Inc

-

-

197

-

VaVa Investments Corp

-

-

17,156

-

VECAMF Enterprise

-

-

265

-

Vital Records Holdings LLC

-

-

97

-

Voyce Inc

-

-

126

-

Vs Primo Health Care

-

-

-

1,356

Waste Pro

-

-

163

-

Wells Fargo Bank, NA

-

-

1,724

-

Wells Fargo Financial Leasing

-

-

1,901

-

Wex Bank

-

-

21,427

-

Wex Health, Inc

-

-

202

-

WM Corporate Services, Inc

-

-

2,838

-

Worldpay LLC

-

691

-

-

YD Health Fitness, Corp

-

-

240

-

img12619940_45.jpg

657

-

-

-

ACO Reach Capitation

-

-

-

1,628

 

126,475

1,190,376

1,012,856

24,712

 

Case 24-80093-mvl11 Doc 332-5 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 5 Page 1 of 3

 

Exhibit 5

Bank Statements

 

Case 24-80093-mvl11 Doc 332-5 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 5 Page 2 of 3

 

 

 

 

img12619940_46.jpg

 

November 01, 2024 through November 29, 2024

 

 

JPMorgan Chase Bank, N.A.

P O Box 182051

Columbus, OH 43218 - 2051

 

Account Number: img12619940_47.jpg3735

 

 

 

 

Customer Service Information

 

 

 

 

If you have any questions about your statement, please contact your Customer Service Professional.

 

 

00048518 WBS 802 211 33524 NNNNNNNNNNN 1 000000000 C1 0000

CAREMAX, INC.

OPERATING ACCOUNT

599 LOGANBERRY DR

SAN RAFAEL CA 94903-1245

 

 

 

 

 

 

 

 

Commercial Checking With Interest

 

 

 

Summary

 

 

 

 

Number

Market Value/Amount

Shares

Opening Ledger Balance

 

$0.00

 

Deposits and Credits

 

0

$0.00

 

Withdrawals and Debits

 

0

$0.00

 

Checks Paid

 

0

$0.00

 

Ending Ledger Balance

 

 

$0.00

 

Rate(s):

11/01 to 11/07 at 2.50%

11/08 to 11/30 at 2.35%

 

 

 

 

Your service charges, fees and earnings credit have been calculated through account analysis.

 

 

 

* Annual Percentage Yield Earned - the percentage rate earned if balances remain on deposit for a full year with compounding, no change in the interest rate and all interest rate and all interest is left in the account.

Please examine this statement of account at once. By continuing to use the account, you agree that: (1) the account is subject to the Bank's deposit account agreement, and (2) the Bank has no responsibility for any error in or improper charge to the account (including any unauthorized or altered check) unless you notify us in writing of this error or charge within sixty days of the mailing or availability of the first statement on which the error or charge appears.

 

Case 24-80093-mvl11 Doc 332-5 Filed 12/29/24 Entered 12/29/24 19:34:35 Desc

Exhibit 5 Page 3 of 3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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