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NUTEX HEALTH RE-OPENS BAYOU CITY ER & HOSPITAL IN HOUSTON
Prnewswire· 2026-01-12 10:30
Core Viewpoint - Nutex Health Inc. has announced the reopening of Bayou City ER & Hospital, enhancing healthcare access in Northeast Houston with a state-of-the-art facility designed to provide comprehensive medical services [1][5]. Company Overview - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 27 micro hospitals and outpatient departments across 12 states, focusing on primary care and risk-bearing physician networks [1][6]. - The company operates two divisions: a Hospital Division that manages innovative healthcare models and a Population Health Management Division that oversees provider networks [7]. Facility Details - Bayou City ER & Hospital is a 40,000 square foot facility featuring 8 Emergency Room beds and 46 inpatient beds, equipped with advanced imaging technology and a full-service laboratory [2]. - The facility aims to provide 24/7 concierge-level care to the community, emphasizing rapid results and same-day scheduling for medical services [2]. Leadership Insights - Laura Rodriguez, the chief administrative officer, highlighted the reopening as a significant transformation for the facility, aiming to serve the community effectively [3][4]. - Tom Vo, the CEO, emphasized the importance of the hospital's reopening as a milestone for Nutex Health, addressing the growing need for accessible high-quality care in the region [5][6].
NUTEX HEALTH TO ATTEND AND PRESENT AT THE 2026 J.P. MORGAN HEALTHCARE CONFERENCE IN JANUARY IN SAN FRANCISCO
Prnewswire· 2026-01-05 10:30
Core Insights - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 26 micro hospitals and outpatient departments across 12 states [1][3] - The company will present at the 2026 J.P. Morgan Healthcare Conference from January 12-15 in San Francisco, California [1][2] Company Overview - Nutex Health Inc. was founded in 2011 and is headquartered in Houston, Texas [2] - The company operates through two divisions: a Hospital Division and a Population Health Management Division [2] - The Hospital Division focuses on innovative healthcare models, including micro-hospitals and specialty hospitals, managing 26 facilities [3] - The Population Health Management Division operates provider networks and offers management and administrative support services to affiliated hospitals and physician groups [3]
NUTEX HEALTH EXTENDS SHARE REPURCHASE PLAN
Prnewswire· 2025-12-04 10:30
Core Viewpoint - Nutex Health Inc. has announced an extension of its stock repurchase program, reflecting the Board's confidence in the company's long-term strategy and commitment to enhancing shareholder value [1][5]. Group 1: Stock Repurchase Program - The original stock repurchase program, announced on August 14, 2025, authorized the repurchase of up to $25.0 million of common stock over a six-month period starting from the filing of the Form 10-Q for the quarter ended June 30, 2025 [2]. - The program has been extended through March 31, 2026, and will be implemented under Rule 10b-18 and a Rule 10b5-1 trading plan, effective around December 4, 2025 [3]. - The purpose of the share repurchase program is to increase shareholder value and offset dilution from additional shares related to stock compensation obligations for under-construction and ramping hospitals [4]. Group 2: Company Overview - Nutex Health Inc., headquartered in Houston, Texas, was founded in 2011 and operates as a healthcare management and operations company with two divisions: Hospital Division and Population Health Management Division [6]. - The Hospital Division owns and operates 25 facilities across 11 states, focusing on innovative healthcare models, including micro-hospitals and specialty hospitals [6]. - The Population Health Management Division operates provider networks such as Independent Physician Associations and provides management and administrative support services to affiliated hospitals and physician groups [7].
Nutex Health: Fairly Valued After Pullback, But Wait For A More Ideal Entry Point (Rating Upgrade)
Seeking Alpha· 2025-11-30 03:53
Core Insights - Nutex Health Inc. (NUTX) has experienced a successful year in stock performance and financial improvements, primarily due to arbitration wins [1] Company Overview - Nutex Health Inc. operates in healthcare management and operations [1] Financial Performance - The company has shown significant financial improvements over the past year, attributed to successful arbitration outcomes [1]
NUTEX HEALTH RESPONDS TO SHORT SELLER REPORT
Prnewswire· 2025-11-26 21:10
Core Viewpoint - Nutex Health Inc. is addressing a short seller report from Capybara Research, which appears to be an attempt to create market confusion and profit from a decline in the company's trading price [2][3]. Company Overview - Nutex Health Inc. is headquartered in Houston, Texas, and was founded in 2011. It operates in the healthcare management sector with two main divisions: Hospital Division and Population Health Management Division [4]. - The Hospital Division owns and operates 24 facilities across 11 states, focusing on innovative healthcare models such as micro-hospitals and specialty hospitals [4]. - The Population Health Management Division manages provider networks, including Independent Physician Associations (IPAs), and offers management and administrative support services to affiliated hospitals and physician groups [5].
NUTEX HEALTH REPORTS SEPTEMBER 30, 2025 THIRD QUARTER AND YEAR-TO-DATE FINANCIAL RESULTS
Prnewswire· 2025-11-19 21:30
Core Insights - Nutex Health Inc. reported a significant financial performance for the three and nine months ended September 30, 2025, with a revenue growth of 225% and a record cash balance of $166 million [5][7]. Financial Highlights for Three Months Ended September 30, 2025 - Total revenue reached $267.8 million, a 239.9% increase from $78.8 million in the same period of 2024 [7]. - Hospital division revenue was $260.2 million, up 262.8% from $71.7 million in Q3 2024 [7]. - Net income attributable to Nutex Health was $55.4 million, compared to a net loss of $8.8 million in Q3 2024 [7]. - EBITDA for the quarter was $91.8 million, a 2014% increase from $4.3 million in Q3 2024 [7]. - Adjusted EBITDA was $98.5 million, compared to $9.7 million in Q3 2024 [7]. - Operating income improved to $130.4 million from $9.7 million in the same quarter of 2024 [7]. Financial Highlights for Nine Months Ended September 30, 2025 - Total revenue for the nine months was $723.6 million, a 225.5% increase from $222.3 million in the same period of 2024 [7]. - Net income attributable to Nutex Health was $59.0 million, compared to a net loss of $9.5 million in the first nine months of 2024 [7]. - EBITDA for the nine months was $142.9 million, a 616.4% increase from $19.9 million in the same period of 2024 [7]. - Adjusted EBITDA reached $243.0 million, compared to $16.1 million in the first nine months of 2024 [7]. - Total visits at the Hospital Division increased to 140,074, up 13.9% from 122,944 in the same period of 2024 [7]. Operational Insights - The company has a strong pipeline for future growth, reflecting continued demand for small hospitals across the country [6]. - Approximately 70% of hospital revenue was attributed to higher acuity claims and success through the Independent Dispute Resolution (IDR) process [7]. - The company has maintained a high collection rate of over 80% on legal determinations won through arbitration [7]. Compliance and Governance - Nutex Health has regained compliance with Nasdaq Listing Rule 5250(c)(1) following the timely filing of its Form 10-Q for the period ended June 30, 2025 [9][10].
NUTEX HEALTH REPORTS JUNE 30, 2025 SECOND QUARTER AND YEAR-TO-DATE FINANCIAL RESULTS
Prnewswire· 2025-11-18 23:59
Core Viewpoint - Nutex Health Inc. reported significant financial growth for the first half of 2025, with a total revenue increase of 217.5% compared to the same period in 2024, highlighting the company's strong performance and growth strategy [8][9]. Financial Highlights for the Three Months Ended June 30, 2025 - Total revenue reached $244.0 million, up 220.7% from $76.1 million in the same period of 2024 [9]. - Operating income improved to $33.7 million from $5.3 million year-over-year, marking a $28.4 million increase [9]. - Net loss attributable to Nutex Health was $17.7 million, which included non-cash stock-based compensation expense of $78.7 million [9]. - Adjusted EBITDA was $71.6 million, compared to $6.8 million for the same period in 2024 [9]. Financial Highlights for the Six Months Ended June 30, 2025 - Total revenue for the first half of 2025 was $455.8 million, an increase of $312.2 million from $143.5 million in the first half of 2024 [9]. - Net income attributable to Nutex Health was $3.5 million, a turnaround from a net loss of $0.7 million in the same period of 2024 [9]. - EBITDA for the first half of 2025 was $51.1 million, up 227.4% from $15.6 million in the first half of 2024 [9]. - Total visits at the Hospital Division increased by 15.5%, totaling 93,842 visits compared to 81,276 in the same period of 2024 [9]. Share Repurchase Program - The Board of Directors authorized a stock repurchase program of up to $25.0 million to enhance shareholder value and offset dilution from stock compensation obligations [4][5]. - The program allows for opportunistic repurchases based on market conditions and the company's financial status [6][10]. Company Overview - Nutex Health operates a physician-led integrated healthcare delivery system with 24 micro hospitals and outpatient departments across 11 states [1][19]. - The company focuses on innovative healthcare models and population health management through its two divisions: Hospital Division and Population Health Management Division [19][20].
NUTEX HEALTH REPORTS RESTATED FIRST QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-11-18 23:50
Core Insights - Nutex Health Inc. announced restated financial results for Q1 2025, highlighting significant growth in revenue and net income compared to the same period in 2024 [1][2][5] Financial Restatement - The Audit Committee concluded that previously issued financial statements for Q1 2025 required restatement due to non-cash adjustments, resulting in a net increase in liabilities by $19.6 million (4.0%) and a decrease in equity by $19.6 million (7.1%) [2][7] - Net income for Q1 2025 increased by $6.6 million (14.9%) to $21.2 million, with diluted earnings per share rising to $3.33 from $2.56 [2][6] Financial Highlights - Total revenue for Q1 2025 reached $211.8 million, a 214.0% increase from $67.5 million in Q1 2024 [6][8] - EBITDA for Q1 2025 was $51.5 million, up 624.7% from $7.1 million in Q1 2024, while adjusted EBITDA increased to $72.8 million from a loss of $0.4 million [6][8] - Net cash from operating activities was $51.0 million for Q1 2025, reflecting strong operational performance [6][8] Operational Performance - The number of patient visits increased by 20.5% to 48,269 in Q1 2025 compared to 40,068 in Q1 2024, with mature hospitals seeing a 5.3% increase in visits [8] - The company reported a record high gross profit margin of 55.9% and a cash balance of $84.7 million as of March 31, 2025 [5][8] Company Overview - Nutex Health operates 24 micro hospitals and outpatient departments across 11 states, focusing on integrated healthcare delivery [1][19] - The company is structured into two divisions: Hospital Division and Population Health Management Division, providing a range of healthcare services [19][20]
NUTEX HEALTH REPORTS RESTATED 2024 FINANCIAL RESULTS
Prnewswire· 2025-11-18 23:26
Core Insights - Nutex Health Inc. reported a significant financial turnaround for the fiscal year 2024, with total revenue increasing by 93.8% to $479.9 million compared to $247.6 million in 2023, and net income of $52.1 million compared to a net loss of $45.8 million in the previous year [6][14][17] - The company restated its financial results for the fourth quarter and the entire fiscal year 2024, leading to a net increase in liabilities by $13.4 million (2.9%) and a corresponding decrease in equity by the same amount (6.6%) [4][3] - Adjusted EBITDA for 2024 reached $124.1 million, marking a 1046.1% increase from $10.8 million in 2023, indicating strong operational performance [6][11][22] Financial Performance - Total revenue for the year ended December 31, 2024, was $479.9 million, a 93.8% increase from $247.6 million in 2023 [6][14] - Net income attributable to Nutex Health for 2024 was $52.1 million, compared to a net loss of $45.8 million in 2023 [6][14] - Diluted earnings per share decreased by $0.02 to $9.69 from $9.71, while basic earnings per share also decreased by $0.02 to $10.23 from $10.25 [4][6] Operational Highlights - Total visits at the Hospital Division increased to 168,388 for the year ended December 31, 2024, up 16.9% from 144,058 in 2023 [14] - Revenue from mature hospitals (opened prior to December 31, 2021) increased by 56.6% in 2024 compared to 2023 [14] - Operating income for 2024 was $130.7 million, a significant improvement from an operating loss of $31.8 million in 2023 [14][17] Adjustments and Restatements - The restatement included non-cash adjustments, which had no material effect on key metrics such as revenue, liquidity, and operating cash flow [4][3] - Stock-based compensation expense for the year was $16.6 million, compared to $2.8 million in 2023, with 99% attributed to one-time obligations for under-construction hospitals [14][6] - The company corrected the classification of certain liabilities and reclassified related-party accounts payable balances, impacting the balance sheet structure [7][4] Cash Flow and Liquidity - Net cash from operating activities for the year was $23.2 million, reflecting improved operational efficiency [14][6] - As of December 31, 2024, the company had total assets of $655.3 million, including cash and cash equivalents of $40.6 million [15][14] - The company reported a record high cash balance of $40.6 million, underscoring its financial strength [11][14]
NUTEX HEALTH PROVIDES CORPORATE UPDATE
Prnewswire· 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].