Eladio Gil is the Interim CFO of Cano Health following the Departure of Brian Koppy

Eladio Gil has assumed the role of interim CFO at Cano while the primary care chain initiates a search for a permanent successor to Brian Koppy, who departed from the company at the end of September.

Before joining Cano, Gil held leadership positions at Total Health, CarePlus Health Plans, Humana, and UnitedHealth Group, as stated in a press release.

Cano is currently undergoing a restructuring process due to escalating financial losses. Earlier in the year, the company faced criticism from three board members who resigned, citing concerns about poor corporate governance and a significant debt burden. Marlow Hernandez, the founder of Cano, stepped down as CEO in June, and his interim successor later assumed the permanent role.

In August, Cano reported a net loss of $270.7 million for the second quarter, a significant increase compared to the $14.6 million loss in the same period the previous year. At that time, the primary care chain expressed doubts about its ability to meet its financial obligations within the coming year, indicating plans to seek a buyer, scale back operations in several states and Puerto Rico, and implement layoffs affecting hundreds of employees.

Recently, Cano announced the sale of its care centers in Texas and Nevada to Humana’s CenterWell Senior Primary Care for $67 million.

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