NUTEX HEALTH OPENS MILWAUKEE ER & HOSPITAL, ITS SECOND LOCATION IN WISCONSIN
Rhea-AI Summary
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.
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.
News Market Reaction
On the day this news was published, NUTX declined 2.09%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NUTEX HEALTH CONTINUES TO EXPAND ITS NATIONAL FOOTPRINT WITH ITS THIRD HOSPITAL OPENING IN 2024
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
"We are excited to provide concierge level medical care to the south
About Nutex Health Inc.
Headquartered in
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.
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
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