Nutex Health

Last updated

Nutex Health, Inc.
Company typePublic company
Nasdaq:  NUTX
IndustryHealth care
FoundersThomas Vo
Headquarters
Houston, Texas
,
U.S.
Area served
United States
Key people
Thomas Vo (CEO) [1]
Website nutexhealth.com

Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.

Contents

History

Nutex Health Inc. is a healthcare management and operations company with two divisions: a Hospital Division and a Population Health Management Division. The Hospital division currently owns and operates 21 facilities in eight different states. The Population Health Management division owns and operates provider networks such as Independent Physician Associations (IPAs). In February 2022, the company announced it was launching a reverse merger with health care technology company, Clinigence Holdings. It debuted at Nasdaq under ticker symbol NUTX. [2] After the merger, plans were announced to open 20 more hospitals by 2024. [3]

Related Research Articles

Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, which made it the highest ranked company based in Kentucky. It is the fourth largest health insurance provider in the U.S.

Gentiva Health Services is a provider of home health care, hospice, and related health services in the United States. The company is headquartered in Atlanta, Georgia. Prior to its October 2014 acquisition by Kindred Healthcare, it was a Fortune 1000 company with over $1.7 billion in annual revenue and a member of the S&P 600 index.

<span class="mw-page-title-main">HCA Healthcare</span> American healthcare facilities company

HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by total revenue.

<span class="mw-page-title-main">Kindred Healthcare</span> U.S. healthcare company

Kindred Healthcare was a post-acute healthcare services company that operated long-term acute-care hospitals and provides rehabilitation services across the United States.

Encompass Health Corporation, based in Birmingham, Alabama, is one of the United States' largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 36 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Effective January 2, 2018, the organization changed its name to Encompass Health Corporation and its New York Stock Exchange (NYSE) ticker symbol from HLS to EHC.

<span class="mw-page-title-main">Tenet Healthcare</span> American healthcare company

Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, including United Surgical Partners International (USPI), the company operates 65 hospitals and over 450 healthcare facilities. Tenet also operates Conifer Health Solutions, which provides healthcare support services to health systems and other clients.

<span class="mw-page-title-main">Hill-Rom</span> American medical technology provider

Hill-Rom Holdings, Inc. is an American medical technology provider that is a subsidiary of Baxter International.

<span class="mw-page-title-main">Universal Health Services</span> American hospital management company

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2023, UHS reported total revenues of $14.3b.

Prestige Consumer Healthcare Inc. is an American company that markets and distributes over-the-counter healthcare and household cleaning products. It was formed by the merger of Medtech Products, Inc., Prestige Brands International, and the Spic and Span Company in 1996. The company is headquartered in Tarrytown, New York and operates a manufacturing facility in Lynchburg, Virginia.

<span class="mw-page-title-main">Atrium Health</span> Hospital network

Charlotte-Mecklenburg Hospital Authority is a hospital network with more than 70,000 employees and, since its merger with Advocate Aurora Health in 2022, part of Advocate Health. It operates 40 hospitals, 7 freestanding emergency departments, over 30 urgent care centers, and more than 1,400 care locations in the American states of North Carolina, South Carolina, Georgia, and Alabama. It provides care under the Atrium Health Wake Forest Baptist name in the Winston-Salem, North Carolina, region, Atrium Health Navicent in the Macon, Georgia area, and Atrium Health Floyd in the Rome, Georgia area. Atrium Health offers pediatric, cancer, and heart care, as well as organ transplants, burn treatments and specialized musculoskeletal programs.

<span class="mw-page-title-main">AdventHealth</span> American health care system

AdventHealth is a Seventh-day Adventist nonprofit organization headquartered in Altamonte Springs, Florida, that operates facilities in 9 states across the United States. It is the largest not-for-profit Protestant health care provider in the country. In 2021, it was the second largest hospital network in Florida. In February 2023, it was the fifteenth largest in the country. Currently AdventHealth operates 54 hospitals.

Genesis HealthCare is a provides short-term post-acute, rehabilitation, skilled nursing and long-term care services. According to data provided by the Centers for Medicare & Medicaid, as of November 1, 2023, Genesis owned or operated 290 skilled nursing facilities with 34,047 bed through 105 affiliates in 25 states in the United States. Genesis also supplies rehabilitation therapy to approximately 1,700 healthcare providers in 45 states and the District of Columbia. Genesis has approximately 80,000 employees. The company is headquartered in Kennett Square, Pennsylvania.

<span class="mw-page-title-main">Welsh, Carson, Anderson & Stowe</span> American private equity firm

Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing the industries of technology and healthcare, primarily in the United States. WCAS has a current portfolio of approximately 30 companies and has organized 17 limited partnerships with total capital of over $27 billion, consisting of 13 equity partnerships and four subordinated debt partnerships. WCAS is currently investing equity funds, including WCAS XII, L.P. and WCAS XIII, L.P.

Laboratory Corporation of America Holdings (Labcorp), headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S.

<span class="mw-page-title-main">NextGen Healthcare</span> American software and services company

NextGen Healthcare, Inc. is an American software and services company headquartered in Atlanta, Georgia. The company develops and sells electronic health record (EHR) software and practice management systems to the healthcare industry, as part of a range of software, services and analytics solutions for medical and dental practices. On September 7, 2018, Quality Systems, Inc. changed its name to NextGen Healthcare, Inc. and on September 10, their stock ticker symbol changed to NASDAQ: NXGN.

<span class="mw-page-title-main">Elevance Health</span> American healthcare company

Elevance Health, Inc. is an American health insurance provider. Prior to June 2022, Elevance Health was named Anthem, Inc. The company's services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Anthem Blue Cross in California, Wellpoint, and Carelon. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2022, the company had 46.8 million members within its affiliated companies' health plans.

Change Healthcare Inc. is a provider of revenue and payment cycle management that connects payers, providers, and patients within the U.S. healthcare system. The name also refers to a company founded in 2007 which subsequently became part of the current conglomerate. The company operates the largest financial and administrative information exchange in the United States.

<span class="mw-page-title-main">Adeptus Health</span>

Adeptus Health Inc. was a health care provider based in Irving, Texas. Adeptus Health operates free-standing emergency rooms throughout Texas and Arizona. It is the parent company of the oldest and largest freestanding emergency-room network in the United States, First Choice Emergency Room. Adeptus Health became a public company in June 2014, filed for bankruptcy in June 2017, and was acquired by hedge fund Deerfield Management later in 2017.

<span class="mw-page-title-main">Medical Properties Trust</span> American real estate investment trust

Medical Properties Trust, Inc., based in Birmingham, Alabama, is a real estate investment trust that invests in healthcare facilities subject to NNN leases. The company owns 403 properties in the United States, Australia, Colombia, Germany, Italy, Portugal, Spain, Switzerland, Finland, and the United Kingdom.

Optum, Inc. is an American healthcare company that provides technology services, pharmacy care services and various direct healthcare services.

References

  1. "Nutex Health's stock skyrockets in first day on Nasdaq after Clinigence merger". Houston Business Journal. Retrieved April 6, 2022.
  2. "Houston microhospital co. Nutex Health to become public company through reverse merger". Houston Business Journal. Retrieved April 6, 2022.
  3. "CLINIGENCE HOLDINGS AND NUTEX HEALTH ANNOUNCE COMPLETION OF MERGER AND LISTING ON THE NASDAQ CAPITAL MARKET". Nasdaq . Retrieved April 6, 2022.