Press release
NUTEX HEALTH ANNOUNCES OVER 100% INCREASE IN MEDICARE ADVANTAGE ENROLLMENT
Company enrolled over 2400 new Medicare Advantage patients during the annual enrollment period HOUSTON, Feb. 5, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex
About this update from Nutex Health Inc.
[{"type":"text","content":"Company enrolled over 2400 new Medicare Advantage patients during the annual enrollment period\nHOUSTON, Feb. 5, 2024 /PRNewswire/ -- Nutex Health Inc. (\"Nutex Health\" or the \"Company\") (NASDAQ: NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 20 state-of-the-art micro hospitals in 8 states and primary care-centric, risk-bearing physician networks, today announces that it has more than doubled its Medicare Advantage membership during the 2023 annual enrollment period from October to December 2023.\n\nIn Texas, Houston Physicians IPA (\"HPIPA\") enrolled over 1900 new Medicare Advantage (\"MA\") patients. In Florida, Managed Care Insurance Consultants (\"MCIC\") enrolled over 200 new MA patients, and in California, Associated Hispanic Physicians IPA (\"AHP\") enrolled 300 new MA members. In total, Nutex Health now has over 4500 MA members across its platform, in addition to over 6300 commercial members and over 21,000 Medicaid managed care members.\n\"The targeted investments we made in 2023 in our population health management division have resulted in a very successful annual enrollment period,\" stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health.\n\"Nutex Health now has a presence in the top three states for seniors. California, Florida and Texas make up a quarter of the nation's seniors. We believe that our growth demonstrates that the model we honed in California can be replicated in other states,\" stated Warren Hosseinion, M.D., President of Nutex Health. \"We intend to operationalize our IPA in Phoenix, Arizona in 2024 and to enter 1-2 more new markets this year.\"\nAbout Nutex Health Inc.\nHeadquartered 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.\nThe 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.\nThe Population Health Management division owns and operates provider networks such as Independent Physician Associations (IPAs). Through our Management Services Organization (MSO), we provide management, administr...