Financial Performance - For the full year of 2024, total revenue reached $479.9 million, up 94% from $247.6 million in 2023 [11] - Adjusted EBITDA increased from $10.8 million in 2023 to $123.7 million in 2024, representing an increase of over 1,000% [11] - Net income for 2024 was $52 million compared to a loss of $46 million in 2023 [12] - Total visits at the hospital increased by 17% from 144,000 in 2023 to 168,000 in 2024 [12] - Current portion of long-term debt increased slightly from $10.8 million in 2023 to $14 million in 2024, while net long-term debt decreased from $26 million to $22 million [13] Business Line Performance - In Q4 2024, total revenue grew 270% to $257.6 million compared to $69.7 million in Q4 2023, with arbitration contributing $169.7 million to this increase [29] - Mature hospitals saw a revenue increase of 175.6% in Q4 2024 compared to Q4 2023 [30] - The population health division's revenue increased by approximately 11% to $7.9 million in Q4 2024 from $7.1 million in Q4 2023 [31] Market Performance - The company opened four new hospitals in 2024, expanding its network to 24 hospitals across 11 states [23] - The company is targeting high-demand growth markets for future hospital openings, with plans for new facilities in 2025, 2026, 2027, and 2028 [24] Company Strategy and Industry Competition - The company is focused on increasing hospital volume, inpatient admissions, and revenue per patient through efficient revenue cycle processes like arbitration [26] - The company aims to adapt to industry disruptions, such as the No Surprises Act, and has successfully pivoted to leverage arbitration for better reimbursement rates [27] - The company is integrating AI tools to enhance operational efficiency and patient care [65] Management Commentary on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the adaptability and resilience of the company in navigating challenges [27] - The arbitration process has shown positive results, with an 80% win rate and significant increases in revenue per visit [21] - The company is committed to maintaining low costs and aggressive debt management while expanding its services [26] Other Important Information - Cash and cash equivalents increased to just under $44 million, up from $22 million in 2023, reflecting a 98.2% increase [45] - Accounts receivable rose to $232 million from $58.6 million at the end of 2023, largely due to the arbitration process [45] Q&A Session Summary Question: Prospective outlook on the arbitration process - Management indicated that arbitration is a tool to collect fair rates and will continue to be used as long as the No Surprises Act is in effect [74] - The company is monitoring the situation closely and expects to have more data as the year progresses [79] Question: Revenue recognition at the time of service - Revenue is recognized at the time of service, with adjustments made post-IDR adjudication based on historical data [94] Question: Spread of IDR amounts over quarters - The company plans to progressively update revenue recognition throughout 2025 based on ongoing data rather than back-loading it [104] Question: Performance of new hospitals - Two of the four new hospitals are performing better than expected, while the other two are meeting expectations [108] Question: Expectations for mature hospitals - The company aims for single-digit growth in ER volume year-over-year while also ramping up other service lines [114]

Core Insights - Nutex Health Inc. reported significant financial growth for the fiscal year 2024, with total revenue reaching $479.9 million, a 93.8% increase from $247.6 million in 2023 [5] - The company achieved a net income of $52.2 million compared to a net loss of $45.8 million in the previous year, marking a substantial turnaround [5] - The arbitration process initiated in July 2024 contributed approximately $169.7 million in additional revenue, accounting for 73.1% of the overall revenue increase [5][8] Financial Performance - Total revenue for the year ended December 31, 2024, was $479.9 million, up from $247.6 million in 2023, reflecting a growth of $232.3 million [5] - Net income for the year was $52.2 million, a significant improvement from the net loss of $45.8 million in 2023 [5] - EBITDA for the year was $98.4 million, compared to a negative EBITDA of $(22.5) million in 2023 [5] - Adjusted EBITDA reached $123.7 million, a remarkable increase of 1,045.4% from $10.8 million in 2023 [5] Quarterly Highlights - For the fourth quarter of 2024, total revenue was $257.6 million, a 269.6% increase from $69.7 million in the same quarter of 2023 [5] - Net income for the fourth quarter was $61.7 million, compared to a net loss of $31.7 million in the fourth quarter of 2023 [5] - Total visits at the Hospital Division increased by 16.9% year-over-year, with mature hospitals seeing a 6.5% increase in visits [5][7] Operational Metrics - The company operated 24 micro hospitals and outpatient departments across 11 states, focusing on integrated healthcare delivery [2][24] - The arbitration initiative has led to higher reimbursement amounts per visit, aligning more closely with fair market rates [8] - The company plans to continue optimizing operations and maintaining a lean cost structure to support sustained growth in 2025 [7]

NUTEX HEALTH REPORTS FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS FULL YEAR 2024 HIGHLIGHTS: HOUSTON, TX − (PRNewswire) –MARCH 31, 2025 – Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, integrated healthcare delivery system comprised of 24 state-of-the-art micro hospitals and hospital outpatient departments (HOPDs) in 11 states and primary care-centric, risk-bearing physician networks, today announced fourth quarter 2024 and fiscal year 2024 financial results for ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission file number 001-41346 NUTEX HEALTH INC. (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...

Core Viewpoint - Nutex Health Inc. has rescheduled the release of its financial results for the fourth quarter and full year ended December 31, 2024, now expected to be announced after market close on March 31, 2025, with a conference call scheduled for April 1, 2025 [1]. Company Overview - Nutex Health Inc. is a healthcare management and operations company founded in 2011 and headquartered in Houston, Texas [3]. - The company operates through two primary divisions: - Hospital Division, which owns, develops, and operates innovative healthcare models, including micro-hospitals and specialty hospitals, currently managing 24 facilities across 11 states [5]. - Population Health Management Division, which owns and operates provider networks such as Independent Physician Associations (IPAs) and provides management and administrative support services through its Management Services Organization (MSO) [5].

Company Overview - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 24 micro-hospitals across 11 states [1][4] - The company was founded in 2011 and is headquartered in Houston, Texas [3][4] - Nutex Health operates two primary divisions: Hospital Division and Population Health Management Division [4] Upcoming Presentation - CEO Dr. Tom Vo will present at the EDPMA Solutions Summit 2025 on the topic "The Evolution of Micro Hospitals and How it Impacts Future Healthcare" [2] - The presentation is scheduled for April 1, 2025, from 11:50 AM to 12:30 PM MT at Broadmoor Hall DE [2] Industry Context - The Solutions Summit is a premier conference focused on emergency medicine, featuring discussions on critical topics relevant to the healthcare industry [3]

Core Viewpoint - Nutex Health Inc. is set to release its financial results for Q4 and the full year of 2024 on March 27, 2025, followed by a conference call on March 28, 2025, at 10:30 am ET [1]. Company Overview - Nutex Health Inc. is headquartered in Houston, Texas, and was founded in 2011. It operates as a healthcare management and operations company with two main divisions: Hospital Division and Population Health Management Division [3][5]. - The Hospital Division owns, develops, and operates innovative healthcare models, including micro-hospitals and specialty hospitals, with a total of 24 facilities across 11 states [5]. - The Population Health Management Division manages provider networks such as Independent Physician Associations (IPAs) and provides management and administrative support services to affiliated hospitals and physician groups through its Management Services Organization (MSO) [5].

Core Insights - Nutex Health Inc. is actively participating in the Independent Dispute Resolution process under the No Surprises Act, aiming to recover out-of-network claims through arbitration [1][2][5] Group 1: Arbitration Strategy - The company has contracted a third-party vendor to assist in recovering out-of-network claims, achieving a submission rate of 60-70% of billable visits to arbitration each month, with an arbitration success rate exceeding 80% in Q4 2024 [2][3] - The favorable outcomes from the arbitration process are expected to enable the company to recover significant amounts previously underpaid by insurers [3] Group 2: Financial Implications - The company is beginning to realize the full cash impact of its enhanced arbitration process initiated in July 2024, despite facing significant administrative delays [3] - There are considerable costs associated with entering the arbitration process, including fees for independent dispute resolution entities, which are typically collected upfront [4] Group 3: Strategic Positioning - The proactive approach to arbitration has reinforced the company's commitment to fair reimbursement, allowing it to secure rightful payments while maintaining high-quality care [5] - The success in arbitration aligns with broader strategic initiatives, including optimizing hospital operations and expanding physician networks [5] Group 4: Company Overview - Nutex Health operates 24 micro-hospitals across 11 states and has a population health management division that supports provider networks [8]

Core Insights - Nutex Health Inc. has received multiple community-driven awards in Q4 2024, reflecting its commitment to excellence in healthcare delivery [1][2] - The recognitions are a testament to the organization's focus on patient care and satisfaction, with awards voted on by the communities served [2][3] Company Overview - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 24 micro-hospitals across 11 states, focusing on primary care and risk-bearing physician networks [1][4] - The company operates two divisions: a Hospital Division that manages innovative healthcare models and a Population Health Management Division that oversees provider networks [4][5] Awards and Recognitions - Alexandria Emergency Hospital received multiple accolades at the 2024 Alexandria Community's Choice Awards [3] - Fort Smith ER & Hospital won Gold for "Best Place to Work – Less than 100 Employees" and Silver for "Best Hospital/Customer Service" in the River Valley Awards [7] - Oklahoma ER & Hospital was named "Top Workplace 2024" for the third consecutive year [7] - Covington Trace ER & Hospital received the "Service with a Smile" award and had its Chief Medical Officer recognized as a Health Care Hero [7]

Core Viewpoint - Nutex Health Inc. is expanding its national presence with the opening of its fourth hospital, Starkey Ranch ER & Hospital, in Odessa, Florida, scheduled for December 30, 2024 [1][4]. Company Overview - Nutex Health Inc. is a physician-led healthcare delivery system that operates 24 micro-hospitals across 11 states and focuses on primary care-centric, risk-bearing physician networks [1][5]. - The company was founded in 2011 and is headquartered in Houston, Texas [5]. New Hospital Details - Starkey Ranch ER & Hospital is a 31,000 square foot facility featuring 8 Emergency Room beds, 8 inpatient beds, one operating room, in-house laboratory services, a pharmacy, and an imaging suite with MRI, CT scan, X-ray, and Ultrasound capabilities [2]. - The hospital aims to provide 24/7 concierge-level care, emphasizing a comfortable environment, short wait times, and personalized attention from expert-level physicians [3]. Expansion Strategy - The opening of Starkey Ranch ER & Hospital follows the previous openings of Green Bay ER & Hospital, Post Falls ER & Hospital, and Milwaukee ER & Hospital in 2024, marking the company's continued growth in the healthcare sector [4]. - The CEO of Nutex Health expressed enthusiasm about introducing their unique healthcare approach to the communities of Starkey Ranch and North Tampa Bay [4].