HOUSTON, Nov. 1, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, integrated healthcare delivery system comprised of 22 state-of-the-art micro hospitals in 10 states and primary care-centric, risk-bearing physician networks, today announced that it will release financial results for the third quarter ended September 30, 2024 after the close of the stock market on Thursday, November 7, 2024. The Company will discuss those results on a conference call o ...

Shares of Nutex Health Inc (NUTX, Financial) surged 5.48% in mid-day trading on Oct 2. The stock reached an intraday high of $21.86, before settling at $21.69, up from its previous close of $20.56. This places NUTX 51.81% below its 52-week high of $45.00 and 421.29% above its 52-week low of $4.16. Trading volume was 14,294 shares, 17.6% of the average daily volume of 81,254. Wall Street Analysts Forecast Based on the one-year price targets offered by 2 analysts, the average target price for Nutex Health Inc ...

HOUSTON, Sept. 30, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, integrated healthcare delivery system comprised of 22 state-of-the-art micro hospitals in 10 states and primary care-centric, risk-bearing physician networks, today announced that Nutex Health hospitals have won multiple community-driven awards and accolades in the third quarter of 2024, reflecting the staff's commitment to excellence. All six of the hospital's Physicians and the Chie ...

Nutex Health expands its footprint with Post Falls ER & Hospital on the border of Idaho and Washington, serving patients from both states. POST FALLS, Idaho, Aug. 26, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, healthcare delivery system comprised of 22 state-of-the-art micro hospitals in 10 states and primary care-centric, risk-bearing physician networks, today announced the opening of Post Falls ER & Hospital, located at 497 S Beck Road in Post ...

TOTAL REVENUE OF $143.5 MILLION FOR THE FIRST HALF 2024 VS $115.3 MILLION FOR THE FIRST HALF 2023, AN INCREASE OF 25% HOSPITAL DIVISION VISITS OF 81,276 FOR THE FIRST HALF 2024 VS VISITS OF 65,244 FOR THE FIRST HALF 2023, AN INCREASE OF 25% HOSPITAL DIVISION OPERATING INCOME OF $33.3 MILLION FOR THE FIRST HALF 2024 VS $13.9 MILLION FOR THE FIRST HALF 2023, AN INCREASE OF 140% NET CASH FROM OPERATING ACTIVITIES OF $16.3 MILLION FOR THE FIRST HALF 2024 COMPANY CONTINUES ITS FOCUS ON INCREASING CASH FLOW HOUST ...

Financial Performance - Total revenue for the first half of 2024 was $143.5 million, a 25% increase from $115.3 million in the first half of 2023[1] - Total revenue for the three months ended June 30, 2024, was $76,082,261, a 29.1% increase from $58,924,454 in the same period of 2023[8] - Net income for the six months ended June 30, 2024, was $2,467,743, a significant improvement from a net loss of $11,188,418 in the same period of 2023[9] - Adjusted EBITDA for the first half of 2024 was $16.6 million, representing a 159% increase from $6.4 million in the first half of 2023[3] - Adjusted EBITDA for the six months ended June 30, 2024, was $16,599,441, compared to $6,432,393 for the same period in 2023, indicating a 158.5% increase[11] Hospital Division Performance - Hospital division visits increased to 81,276 in the first half of 2024, up 25% from 65,244 visits in the same period of 2023[1] - Operating income for the hospital division reached $33.3 million in the first half of 2024, a significant increase of 140% compared to $13.9 million in the first half of 2023[1] - The company reported a 150% increase in hospital division operating income to $22.8 million for the second quarter of 2024[4] - Total visits from the hospital division for the second quarter of 2024 were 41,208, an increase of 28% from 32,183 visits in the second quarter of 2023[2] - The Hospital Division generated revenue of $67,604,878 for the three months ended June 30, 2024, compared to $51,611,803 in the same period of 2023, reflecting a 30.9% increase[8] Cash and Assets - Cash and cash equivalents as of June 30, 2024, were $40.8 million, up from $22.0 million at the end of 2023[5] - Cash and cash equivalents at the end of the period were $40,807,975, up from $32,754,330 at the end of June 30, 2023[9] - Total assets increased to $422.4 million as of June 30, 2024, compared to $398.2 million at the end of 2023[5] Loss and Expenses - Net loss attributable to Nutex Health Inc. was $0.7 million for the first half of 2024, a reduction from a net loss of $8.6 million in the same period of 2023[3] - The company reported a net loss attributable to Nutex Health Inc. of $(364,048) for the three months ended June 30, 2024, compared to a loss of $(3,479,047) in the same period of 2023[11] - Total operating costs and expenses for the six months ended June 30, 2024, were $110,817,639, an increase from $100,759,225 in the same period of 2023[8] - Interest expense for the six months ended June 30, 2024, was $9,498,894, compared to $7,983,137 for the same period in 2023, indicating a 18.9% increase[11] Operational Insights - Mature hospitals contributed to a 10% revenue growth in the first half of 2024 compared to the same period in 2023[3] - The Population Health Management division operates provider networks, including Independent Physician Associations (IPAs) and offers management services to affiliated hospitals and physician groups[13] - The company utilizes a cloud-based proprietary technology platform that aggregates clinical and claims data to enhance patient and provider care quality[13] Forward-Looking Statements - Forward-looking statements indicate potential risks including execution of growth strategy, regulatory changes, and competition, which could materially affect financial performance[13]

HOUSTON, July 15, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 21 state-ofthe-art micro hospitals in nine states and primary care-centric, risk-bearing physician networks, today announced Nutex Health hospitals won nine awards in 2024's second quarter, reflecting the staff's commitment to excellence. Each award was voted on by their respective communities, demonstrating patient ...

Headquartered in Houston, Texas and founded in 2011, Nutex Health Inc. (NASDAQ: NUTX) is a physicianled, technology-enabled integrated healthcare delivery system comprised of 21 state-of-the-art micro hospitals in nine states and primary care-centric, risk-bearing physician networks with two divisions: a Hospital Division and a Population Health Management Division. SOURCE Nutex Health, Inc. The reverse split was authorized by the Company's shareholders on June 17, 2024, granting the Company's Board of Dire ...

COMPANY EXPECTS TO REGAIN COMPLIANCE WITH NASDAQ'S MINIMUM BID REQUIREMENT BEFORE JULY 22, 2024 There can be no assurance that effecting a reverse stock split will result in compliance with the Minimum Bid Price Requirement and the Company cannot predict the effect that a reverse stock split would have on the market price for shares of its Common Stock. The Hospital Division owns, develops and operates innovative health care models, including micro-hospitals, specialty hospitals, and hospital outpatient dep ...

Headquartered in Houston, Texas and founded in 2011, Nutex Health Inc. (NASDAQ: NUTX) is a healthcare management and operations company with two divisions: a Hospital Division and a Population Health Management Division. The Hospital Division owns, develops and operates innovative health care models, including micro-hospitals, specialty hospitals, and hospital outpatient departments (HOPDs). This division owns and operates 20 facilities in 8 states. The Population Health Management division owns and operate ...