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NUTEX HEALTH OPENS MILWAUKEE ER & HOSPITAL, ITS SECOND LOCATION IN WISCONSIN

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Nutex Health (NASDAQ: NUTX) announced the opening of Milwaukee ER & Hospital, its third hospital opening in 2024 and second location in Wisconsin. The 20,000 square foot facility features 8 emergency room beds, 6 inpatient beds, one procedure room, an in-house pharmacy, laboratory services, and comprehensive imaging capabilities. The facility provides 24/7/365 concierge-level emergency care with board-certified physicians. This opening follows the launch of facilities in Green Bay, Wisconsin and Post Falls, Idaho, expanding Nutex's network to 23 micro hospitals and HOPDs across ten states.

Nutex Health (NASDAQ: NUTX) ha annunciato l'apertura del Milwaukee ER & Hospital, il suo terzo ospedale inaugurato nel 2024 e la seconda sede in Wisconsin. La struttura di 20.000 piedi quadrati dispone di 8 letti per il pronto soccorso, 6 letti per l'ospedalizzazione, una sala interventi, una farmacia interna, servizi di laboratorio e capacità di imaging completo. L'ospedale offre assistenza d'emergenza di livello concierge 24 ore su 24, 7 giorni su 7, 365 giorni all'anno, con medici certificati dal consiglio. Questa apertura segue il lancio delle strutture a Green Bay, Wisconsin e Post Falls, Idaho, ampliando la rete di Nutex a 23 micro ospedali e HOPD in dieci stati.

Nutex Health (NASDAQ: NUTX) anunció la apertura del Milwaukee ER & Hospital, su tercer hospital inaugurado en 2024 y la segunda ubicación en Wisconsin. La instalación de 20,000 pies cuadrados cuenta con 8 camas en la sala de emergencias, 6 camas para pacientes internados, una sala de procedimientos, una farmacia interna, servicios de laboratorio y capacidades completas de imágenes. La instalación ofrece atención de emergencia a nivel de conserjería las 24 horas, los 7 días de la semana, durante todo el año, con médicos certificados por la junta. Esta apertura sigue al lanzamiento de instalaciones en Green Bay, Wisconsin y Post Falls, Idaho, expandiendo la red de Nutex a 23 micro hospitales y HOPD en diez estados.

Nutex Health (NASDAQ: NUTX)는 Milwaukee ER & Hospital의 개원을 발표했습니다. 이는 2024년 세 번째 병원이자 위스콘신주의 두 번째 위치입니다. 20,000 제곱피트의 시설은 8개의 응급실 침대, 6개의 입원 침대, 하나의 시술실, 내부 약국, 실험실 서비스 및 종합 영상 촬영 기능을 갖추고 있습니다. 이 시설은 인정받은 의사들과 함께 연중무휴 24시간 컨시어지 수준의 응급 치료를 제공합니다. 이번 개원은 위스콘신주 그린베이 및 아이다호주 포스트 폴스의 시설 개설에 이어 진행된 것으로, Nutex의 네트워크를 10개 주의 23개의 마이크로 병원 및 HOPD로 확장합니다.

Nutex Health (NASDAQ: NUTX) a annoncé l'ouverture de Milwaukee ER & Hospital, son troisième hôpital ouvert en 2024 et deuxième emplacement dans le Wisconsin. L'établissement de 20 000 pieds carrés dispose de 8 lits d'urgence, 6 lits d'hôpital, une salle de procédure, une pharmacie sur place, des services de laboratoire et des capacités d'imagerie complètes. L'établissement offre des soins d'urgence de niveau concierge 24 heures sur 24, 7 jours sur 7, 365 jours par an, avec des médecins certifiés. Cette ouverture fait suite au lancement de structures à Green Bay, Wisconsin et Post Falls, Idaho, élargissant le réseau de Nutex à 23 micro-hôpitaux et HOPD dans dix États.

Nutex Health (NASDAQ: NUTX) hat die Eröffnung des Milwaukee ER & Hospital bekannt gegeben, seines dritten Krankenhauses im Jahr 2024 und der zweiten Standort in Wisconsin. Die Einrichtung mit einer Fläche von 20.000 Quadratfuß verfügt über 8 Betten in der Notaufnahme, 6 Betten für stationäre Patienten, einen Behandlungsraum, eine hauseigene Apotheke, Labordienstleistungen und umfassende Bildgebungsfähigkeiten. Die Einrichtung bietet 24/7/365 Notfallversorgung auf Concierge-Niveau mit vom Board zertifizierten Ärzten. Diese Eröffnung folgt auf den Start der Einrichtungen in Green Bay, Wisconsin und Post Falls, Idaho und erweitert das Netzwerk von Nutex auf 23 Mikrokrankenhäuser und HOPDs in zehn Bundesstaaten.

Positive
  • Expansion of healthcare network with third facility opening in 2024
  • Strategic market entry into underserved South Milwaukee area
  • Addition of new 20,000 square foot state-of-the-art facility to portfolio
Negative
  • None.

Insights

The opening of Milwaukee ER & Hospital represents a significant operational milestone in Nutex Health's expansion strategy. The 20,000 square foot facility adds meaningful capacity with 8 emergency room beds and 6 inpatient beds, along with comprehensive diagnostic capabilities. This is strategically important as it marks the third hospital opening in 2024 and second location in Wisconsin, strengthening the company's regional presence.

The facility's location in an historically underserved market suggests strong potential for patient volume and revenue generation. The comprehensive service offering, including MRI, CT scan and 24/7 emergency care, positions the facility to capture a wide range of medical needs. However, investors should note that new facility ramp-up typically takes 12-18 months to reach optimal utilization and profitability levels.

The Milwaukee expansion demonstrates smart market positioning in an underserved area. Wisconsin's healthcare market has been experiencing consolidation and service gaps, particularly in emergency care access. This facility's concierge-level service model could capture both traditional emergency cases and patients seeking higher-touch care experiences.

The investment in comprehensive diagnostic equipment and specialized services indicates a focus on higher-margin medical services. The facility's size and scope suggest an estimated annual revenue potential of $15-20 million at maturity, based on similar-sized emergency hospitals in comparable markets. However, initial operating costs and startup expenses will likely impact near-term profitability.

NUTEX HEALTH CONTINUES TO EXPAND ITS NATIONAL FOOTPRINT WITH ITS THIRD HOSPITAL OPENING IN 2024

HOUSTON, Nov. 18, 2024 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, integrated healthcare delivery system comprised of 23 state-of-the-art micro hospitals and hospital outpatient departments (HOPDs) in ten states and primary care-centric, risk-bearing physician networks, today announced the opening of Milwaukee ER & Hospital, located at 1751 W Layton Ave, Milwaukee, WI 53221.

The staff of medical experts at Milwaukee ER & Hospital are bringing the community 24/7/365 days of concierge-level care. The 20,000 square foot state-of-the-art facility houses 8 emergency room beds, 6 inpatient beds, one procedure room, an in-house pharmacy, laboratory services, and imaging, including MRI, CT scan, X-ray, and Ultrasound.   

"Our expert team of emergency physicians looks forward to showing each patient individualized, excellent care," stated Michaela Wood, M.D., Chief Medical Officer at Milwaukee ER & Hospital.

Patients will be met with the convenience of emergency care in the comfort of a relaxing environment, a short wait, and ample one-on-one time with a board-certified physician. No matter the injury or illness a patient presents, Milwaukee ER & Hospital is equipped to treat patients efficiently and effectively.

Following the opening of Green Bay ER & Hospital in Green Bay, Wisconsin and Post Falls ER & Hospital in Post Falls, Idaho, this is the Company's third opening of 2024,

"We are excited to provide concierge level medical care to the south Milwaukee market, which historically has been underserved," stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health.

About Nutex Health Inc.

Headquartered 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.

The 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 22 facilities in ten states.

The Population Health Management division owns and operates provider networks such as Independent Physician Associations (IPAs). Through our Management Services Organization (MSO), we provide management, administrative and other support services to our affiliated hospitals and physician groups.

Forward-Looking Statements

Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will", "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intend," "goal," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, many of which are beyond the control of the Company.  Such uncertainties and risks include, but are not limited to, our ability to successfully execute our growth strategy, changes in laws or regulations, including the interim final and final rules implemented under the No Surprises Act , economic conditions, dependence on management, dilution to stockholders, lack of capital, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth and demand for products and services of the Company, newly developing technologies, the Company's ability to compete, conflicts of interest in related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition and the ability of the Company to obtain future financing. An extensive list of factors that can affect future results are discussed in the Annual Report on Form 10-K for the year ended December 31, 2023 and in the Quarterly Reports on Form 10-Q for the periods ending June 30, 2024 and September 31, 2024 under the heading "Risk Factors" in Part I, Item IA thereof, and other documents filed from time to time with the Securities and Exchange Commission. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.

 

Cision View original content:https://www.prnewswire.com/news-releases/nutex-health-opens-milwaukee-er--hospital-its-second-location-in-wisconsin-302307991.html

SOURCE Nutex Health, Inc.

FAQ

What is the location of Nutex Health's new Milwaukee ER & Hospital (NUTX)?

The new Milwaukee ER & Hospital is located at 1751 W Layton Ave, Milwaukee, WI 53221.

How many facilities has Nutex Health (NUTX) opened in 2024?

Nutex Health has opened three facilities in 2024: Milwaukee ER & Hospital, Green Bay ER & Hospital in Wisconsin, and Post Falls ER & Hospital in Idaho.

What services does the new Nutex Health Milwaukee facility (NUTX) offer?

The facility offers 24/7 emergency care, 8 ER beds, 6 inpatient beds, procedure room, in-house pharmacy, laboratory services, and imaging services including MRI, CT scan, X-ray, and Ultrasound.

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