The comments came on a first quarter results webcast and follow the recent resignation of three directors calling for the ouster of Dr. Hernandez.
While those three former directors represent approximately 36 percent of Cano’s holdings, the current board directors remain a “significant” shareholder group, said Dr. Hernandez, who described the resignation of the three former directors as “highly disruptive,” and a move which has led to a “misleading campaign.”
Cano Health, which is based in Miami and employs more than 4,000 people in nine states and Puerto Rico, reported a net loss of $60.6 million for the first quarter and has appointed a financial adviser to focus on its strategy going forward.
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