Leadership Update: Dr. Marlow Hernandez stepped down as Cano Health CEO in June 2023 under shareholder pressure. The company subsequently filed for Chapter 11 bankruptcy in February 2024 and emerged as a private company in June 2024. Eric Jenkins was appointed as the new CEO effective April 2, 2025.
Cano Health, Inc. is a value-based primary care provider focused on serving Medicare Advantage and Medicaid patients, primarily in Florida. Founded in 2010 by Dr. Marlow Hernandez, the company grew from a single medical practice in Miami to over 170 medical centers across multiple states before its 2024 restructuring. Dr. Hernandez served as CEO from the company’s founding until June 2023, during which time he took Cano Health public through a $4.4 billion SPAC merger in 2021. His tenure ended amid shareholder disputes, and the company later navigated Chapter 11 bankruptcy before re-emerging as a leaner private company focused on approximately 80 Florida locations.
Read on to discover former Cano Health CEO email address, Marlow Hernandez net worth in 2026, salary and compensation history, career and education, age, wife & family, and more.
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Marlow Hernandez – Quick Facts
| Dr. Marlow Hernandez — At a Glance | |
|---|---|
| Full Name | Marlow B. Hernandez, DO, MPH, MBA |
| Former Position | Co-Founder, Chairman & Chief Executive Officer |
| Company | Cano Health, Inc. (formerly NYSE: CANO) |
| Tenure as CEO | 2010 – June 2023 |
| Age | 41 years (born January 28, 1985) |
| Education | B.S. Neuroscience, University of Miami; DO, MPH, MBA from Nova Southeastern University |
| Net Worth (Est. 2026) | $5–10 Million |
| Peak Compensation (FY2022) | ~$4.3 Million |
| Birthplace | Cuba (moved to U.S. in 1993) |
| Residence | Cooper City, Florida |
| [email protected] | |
| @drmarlowhernandez | |
Cano Health Competitors
Cano Health operates in the value-based primary care sector, focusing on Medicare Advantage and Medicaid patients. Key competitors of Cano Health include:
- Oak Street Health (acquired by CVS Health) – senior-focused primary care
- ChenMed – value-based primary care for seniors
- Alignment Healthcare – technology-enabled Medicare Advantage provider
- Aledade – largest network of independent primary care in value-based contracts
- CenterWell Senior Primary Care (Humana) – senior-focused primary care clinics
- VillageMD (Walgreens) – primary care at scale
- Devoted Health – Medicare Advantage payvider
- Leon Medical Centers – South Florida senior-focused competitor
Marlow Hernandez Net Worth 2026 – Former Cano Health CEO Salary
As of 2026, Dr. Marlow Hernandez’s net worth is estimated at approximately $5–10 million USD. His net worth has declined significantly from the estimated $50–65 million during Cano Health’s peak public market valuation in 2021–2022. Following his departure as CEO in June 2023 and the company’s subsequent Chapter 11 bankruptcy filing in February 2024, Hernandez’s Cano Health equity holdings were substantially diluted or wiped out through the restructuring process.
Cano Health CEO Compensation Breakdown (FY2022)
| Component | Amount (USD) | Share |
|---|---|---|
| Base Salary | $350,000 | 8.1% |
| Annual Bonus | $0 | 0% |
| Stock Options | $539,999 | 12.5% |
| Stock Awards (RSUs) | $3,421,127 | 79.3% |
| Other Compensation | $8,881 | 0.2% |
| TOTAL | $4,320,007 | 100% |
Key Insight: Dr. Hernandez’s FY2022 compensation was heavily equity-weighted at 91.8% (stock awards + options). He received no annual bonus for FY2022. His base salary of $350,000 was notably modest for a public-company CEO, though his earlier compensation packages were reported as high as $32 million in total when including sign-on equity grants.
Cano Health Net Worth 2026 – Is Cano Health Profitable?
Cano Health is now a private company after emerging from Chapter 11 bankruptcy in June 2024. During its reorganization, the company converted more than $1 billion of pre-petition debt into equity, achieved over $270 million in cost reductions, and refocused operations on approximately 80 medical centers in Florida. Eric Jenkins became CEO in April 2025 to lead the next phase of growth.
Cano Health Financial Summary
| Metric | Value | Notes |
|---|---|---|
| Revenue (FY2023) | $3.1 Billion | ▼ vs. FY2022 |
| Revenue (Q1 2024) | $684.4 Million | ▼ 21% YoY |
| Net Loss (Q1 2024) | ($478.2 Million) | ▼ vs. ($60.6M) |
| Debt Eliminated | $1 Billion+ | Converted to equity |
| Cost Reductions (2024) | $270 Million+ | ▲ vs. $290M target |
| Medical Centers (Current) | ~80 | Florida-focused |
| Peak Market Cap (2021) | $4.4 Billion | SPAC merger valuation |
| Current Status | Private | Since June 2024 |
From SPAC to Bankruptcy: Cano Health went public in 2021 at a $4.4 billion valuation via SPAC merger. By February 2024, the company had filed for Chapter 11 bankruptcy, was delisted from the NYSE, and emerged in June 2024 as a reorganized private company with a dramatically reduced footprint of ~80 Florida locations.
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Cano Health CEO Email | Marlow Hernandez Contact
Below are the contact details and social media profiles for former Cano Health CEO Dr. Marlow Hernandez. Note that as he is no longer CEO, the corporate email may no longer be active.
| Contact Information | |
|---|---|
| Email Address (Former) | [email protected] |
| @drmarlowhernandez | |
| Dr. Marlow Hernandez, DO, MPH, MBA | |
| Corporate HQ (Cano Health) | 9725 NW 117th Ave, Suite 200, Miami, FL 33178 |
| Current CEO | Eric Jenkins (since April 2025) |
Career & Education – Company, University, & College
Dr. Marlow Hernandez built a career spanning medicine, entrepreneurship, and healthcare leadership. He is both a practicing physician and a healthcare executive who founded one of the largest value-based care platforms in the United States. Below is his career timeline:
Marlow Hernandez Career Timeline
| Period | Role | Organization |
|---|---|---|
| 2011–2013 | Internal Medicine Residency | Cleveland Clinic Florida |
| 2010–2023 | Co-Founder, Chairman & CEO | Cano Health, Inc. |
| 2021 | Led $4.4B SPAC IPO (JAWS Acquisition Corp.) | Cano Health, Inc. |
| 2023 | Stepped down as CEO (June 2023) | Cano Health, Inc. |
| Ongoing | Licensed Physician (Internal Medicine) | South Florida |
Dr. Marlow Hernandez co-founded Cano Health in 2010 while still a medical practitioner in Pembroke Pines, Florida. He built the company from a single clinic to a national value-based care platform serving nearly 400,000 lives across 170+ medical centers. Under his leadership, Cano Health went public in June 2021 through a merger with JAWS Healthcare Innovators Acquisition Corp. at a $4.4 billion valuation.
However, his tenure was not without controversy. In 2023, dissident shareholders accused Hernandez of excessive insider transactions and governance failures, leading to his departure as CEO in June 2023. After leaving Cano Health, Hernandez faced a $70 million fraud lawsuit from Onsite Dental and CD Support, alleging misrepresentations related to a dental business acquisition. The case was settled confidentially in October 2025 on the eve of trial.
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Education
| University | Degree / Program | Website |
|---|---|---|
| University of Miami | B.S. in Neuroscience | miami.edu |
| Nova Southeastern University – College of Osteopathic Medicine | Doctor of Osteopathic Medicine (DO) | nova.edu |
| Nova Southeastern University | Master of Public Health (MPH) | nova.edu |
| Nova Southeastern University | Master of Business Administration (MBA) | nova.edu |
| Cleveland Clinic Florida | Residency – Internal Medicine | clevelandclinic.org |
Marlow Hernandez Wiki – Age, Wife, Family, & More
Dr. Marlow Hernandez (age 41, born January 28, 1985) was born in Cuba and immigrated to the United States in 1993 at the age of eight. He and his family settled in South Florida, where Hernandez initially struggled with the English language. He is married to his college sweetheart, and together they have two children. The family resides in Cooper City, Florida.
Hernandez comes from a multigenerational medical family. His mother, Lourdes Cano, was a dental practitioner — and the company’s name, Cano Health, honors her family name. He became a board-certified physician in Internal Medicine while still in his late 20s and is a Fellow of the American College of Physicians (FACP).
Notable Achievements & Recognitions
- Company Founder – Built Cano Health from a single clinic to a $4.4 billion publicly traded company
- SPAC IPO (2021) – Led one of the largest healthcare SPAC mergers via JAWS Acquisition Corp.
- Fellow, American College of Physicians (FACP) – Board-certified Internal Medicine physician
- L’ATTITUDE Conference Speaker – Featured speaker on Hispanic entrepreneurship
- Quadruple-degree holder – DO, MPH, MBA, and B.S. in Neuroscience
- Healthcare Innovator – Pioneered value-based primary care model serving underserved senior communities
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About Cano Health
Cano Health, Inc. is a value-based primary care provider headquartered in Miami, Florida. Founded in 2010 by Dr. Marlow Hernandez, the company operates medical centers that primarily serve Medicare Advantage and Medicaid patients, with a focus on preventive care, chronic disease management, and whole-person wellness for senior populations.
| Detail | Information |
|---|---|
| Founded | 2010 |
| Headquarters | Miami, Florida |
| Industry | Value-Based Primary Care / Healthcare |
| Current CEO | Eric Jenkins (since April 2025) |
| Medical Centers | ~80 (Florida-focused) |
| Key Partners | Humana, UnitedHealthcare, Aetna, Centene, Devoted Health |
| Stock Status | Private (formerly NYSE: CANO; delisted Feb 2024) |
| Website | canohealth.com |
Cano Health went public in 2021 through a SPAC merger at a $4.4 billion valuation, but financial pressures, leadership turmoil, and rapid expansion costs led to a Chapter 11 bankruptcy filing in February 2024. The company emerged from bankruptcy in June 2024 as a reorganized private entity, having eliminated over $1 billion in debt and reduced operations to approximately 80 Florida-based medical centers.
Frequently Asked Questions (FAQ)
Who is the current CEO of Cano Health?
The current CEO of Cano Health is Eric Jenkins, who was appointed effective April 2, 2025. Jenkins brings extensive healthcare leadership experience from roles at Humana, Aetna, ArchWell Health, and CenterWell Senior Primary Care. Dr. Marlow Hernandez, the founder, served as CEO from 2010 until June 2023.
What is Marlow Hernandez’s net worth in 2026?
As of 2026, Dr. Marlow Hernandez’s net worth is estimated at approximately $5–10 million USD. His net worth declined significantly from a peak estimate of $50–65 million during Cano Health’s public market highs, due to the company’s stock collapse and subsequent Chapter 11 bankruptcy in 2024, which diluted or eliminated much of his equity holdings.
What was Cano Health CEO Marlow Hernandez’s salary?
For fiscal year 2022, Dr. Hernandez’s total compensation was approximately $4.3 million, comprising a $350,000 base salary, $539,999 in stock options, $3.42 million in restricted stock awards, and $8,881 in other compensation. He received no annual cash bonus for FY2022.
What is former Cano Health CEO’s email address?
Dr. Marlow Hernandez’s email address during his tenure was [email protected]. Since he departed as CEO in June 2023, this email may no longer be active. He can be found on Instagram at @drmarlowhernandez.
Why did Marlow Hernandez leave Cano Health?
Dr. Hernandez stepped down as Cano Health CEO in June 2023 under pressure from dissident shareholders, including Third Point and Owl Creek Asset Management. They raised concerns about governance issues, insider transactions, and the company’s financial trajectory. He continued to serve on the board briefly before fully departing the company.
What happened to Cano Health after Hernandez left?
After Hernandez’s departure, Mark Kent served as interim and then permanent CEO while Cano Health navigated financial difficulties. The company filed for Chapter 11 bankruptcy in February 2024, was delisted from the NYSE, and emerged from bankruptcy in June 2024 as a private company. Eric Jenkins became CEO in April 2025 to lead the restructured organization.
Article last updated:January 2026March 2, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.