Press release
NUTEX HEALTH ANNOUNCES THE OPENING OF ITS FLAGSHIP URGENT CARE CENTER IN SOUTHERN CALIFORNIA
HOUSTON, May 3, 2023 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, technology-enabled integrated
About this update from Nutex Health Inc.
[{"type":"text","content":"HOUSTON, May 3, 2023 /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 announced the opening of its flagship urgent care center in Southern California.\nThe new urgent care center is located in Alhambra, California, and offers walk-in treatment for everyday illnesses and injury, including advanced offerings such as minor procedures. Nutex Health acquired the two-story building located centrally at 425 West Main Street in Alhambra due to its location close to Associated Hispanic Physicians (\"AHP\"), its independent practice association (\"IPA\") in Los Angeles. AHP currently has approximately 25,000 patients under capitated risk arrangements with multiple health plans. Nutex Health currently does not own a microhospital in Los Angeles and believes that it can take better and more efficient care of not only AHP's patients but also other patients requiring urgent care services. The administrative office of AHP has also been moved from Monterey Park, CA to our building in Alhambra.\n\"While our core business is to operate microhospitals and IPAs, we decided to open our first-ever urgent care center in Los Angeles to better serve our own AHP patients as well as all other patients in the community,\" stated Tom Vo, M.D., MBA, Chairman and CEO of Nutex Health. \n\"We are excited to open our first urgent care center and look forward to providing our patients and providers with increased access to quality care. We also believe that our new center should lead to a reduced medical loss ratio (\"MLR\") at AHP, resulting in increased profits,\" stated Warren Hosseinion, M.D., President of Nutex Health.\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...