Workflow
Healthcare delivery system
icon
Search documents
NUTEX HEALTH PROVIDES CORPORATE UPDATE
Prnewswireยท 2025-10-20 09:30
Core Insights - Nutex Health Inc. reported significant year-over-year growth in patient volume and cash collections for Q3 2025, indicating strong operational momentum and financial performance [1][8]. Financial Performance - Estimated patient volume for Q3 2025 increased to 46,293, representing an 11.1% growth compared to Q3 2024 [2]. - Cash collections for Q3 2025 reached $235,003, reflecting a substantial increase of 258.8% year-over-year [2]. - Year-to-date (YTD) patient volume for 2025 was 140,135, up 14.0% from 2024, while YTD cash collections totaled $546,003, marking a 176.9% increase [2]. Operational Highlights - The growth in patient volume was attributed to strategic facility expansion and increased demand for community-based acute care services [8]. - Enhanced revenue cycle management, improved payer mix, and higher patient acuity contributed to the surge in cash collections [8]. Compliance and Audit Progress - The company is actively working to meet Nasdaq's listing standards and has submitted a plan to regain compliance following a non-compliance notice due to errors in previously issued financial statements [6][7]. - Nutex Health anticipates filing its delinquent Form 10-Q for the period ended June 30, 2025, by December 12, 2025, as part of its compliance efforts [9].