Hospital outpatient departments

Search documents
Nutex Health and its Hospitals Earn Record-Breaking 20 Awards and Accolades in Q3
Prnewswire· 2025-10-06 09:30
Core Insights - Nutex Health Inc. announced it received 20 awards and honors in Q3 2025, marking the highest number in the company's history [1] - The recognition is attributed to the company's focus on patient care, which is central to its operations [2] - Awards reflect community votes, indicating high patient satisfaction and service quality [3] Awards and Recognitions - Albuquerque ER & Hospital: Best Emergency Room/Urgent Care, Best Place to Work, Best Pediatric Emergency Room, Best Community Health [4] - Green Bay ER & Hospital: Best Hospital/Medical Center [4] - Tucson ER & Hospital: Best Emergency Room, Best Hospital, Best Children's Medical Center, Best Emergency Care [4] - New Braunfels ER & Hospital: Best Hospital [4] - Texarkana Emergency Center and Hospital: Best Emergency Care, Best Hospital [4] - NW Indiana ER & Hospital: Best Hospital [4] - Oklahoma ER & Hospital: CIHQ Accreditation [4] - Starkey Ranch ER & Hospital: Horizon Award for Excellence in Patient Financial Experience [5] - Nutex Health ranked No. 2 in Houston's Top Performing Companies [5] Company Overview - Nutex Health Inc. is headquartered in Houston, Texas, and was founded in 2011 [5] - The company operates two divisions: Hospital Division and Population Health Management Division [6] - The Hospital Division manages 24 facilities across 11 states, focusing on innovative healthcare models [6]
NUTEX HEALTH PROVIDES FINANCIAL REPORTING UPDATE
Prnewswire· 2025-08-20 22:51
Core Viewpoint - Nutex Health Inc. has announced a non-reliance on previously issued financial statements due to a reclassification of obligations related to under-construction hospitals from equity to liability, which will result in non-cash adjustments [1][2] Financial Performance - Total revenue for the three months ended June 30, 2025, was $244.0 million, a 220.7% increase from $76.1 million in the same period of 2024 [6] - Revenue from mature hospitals increased by 203.2% in 2025 compared to 2024 [6] - Gross profit for the three months ended June 30, 2025, was $124.8 million, representing 51.1% of total revenue, compared to $22.6 million or 29.7% in the same period of 2024 [6] - Total visits at the Hospital Division were 45,573 for the three months ended June 30, 2025, an increase of 10.6% from 41,208 in the same period of 2024 [6] - The company collected $175 million in cash for the three months ended June 30, 2025, marking the highest collection amount for any quarter [6] - Adjusted EBITDA for the three months ended June 30, 2025, was $71.6 million, compared to $6.8 million in the same period of 2024 [6] - Operating cash flow was $27.1 million for the three months ended June 30, 2025, compared to $13.3 million in the same period of 2024 [6] - For the six months ended June 30, 2025, total revenue was $455.8 million, a 217.5% increase from $143.5 million in the same period of 2024 [6] - Adjusted EBITDA for the six months ended June 30, 2025, was $144.4 million, compared to $6.4 million in the same period of 2024 [12] Operational Updates - The company plans to amend its financial statements for the first quarter of 2025 and the fiscal year ended December 31, 2024, to correct the classification of obligations [2] - Nutex received a delinquency notification from Nasdaq due to delayed filing of its Quarterly Report for the period ended June 30, 2025, and must submit a compliance plan by October 20, 2025, to avoid potential delisting [8] Company Overview - Nutex Health Inc. is a physician-led integrated healthcare delivery system with 24 micro hospitals and outpatient departments across 11 states [1][9] - The company operates two divisions: a Hospital Division and a Population Health Management Division, focusing on innovative healthcare models [9][10]