Nutex Health Inc. 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 provided an update on South Florida Physicians IPA, its independent practice association ("IPA") in South Florida.

As of today, South Florida Physicians IPA has signed contracts with 78 primary care physicians ("PCPs"), up from 27 PCPs in February 2023.  The physicians have been credentialed and our IPA is working with several health plans to enroll patients.

An IPA is an association of independent physician practices who wish to focus on providing high quality care and to remain independent but need additional resources and expertise to lead the market in value-based care.  South Florida Physicians IPA offers its providers access to our Clinigence Health cloud-based population health data analytics platform, opportunities to participate in risk-based contracts with payors and the resources of ProCare MSO, Nutex Health's wholly-owned management services organization ("MSO").

Nutex Health's integrated healthcare delivery system is comprised of its hospitals, IPAs, our MSO and our cloud-based population health analytics platform.  Our inpatient-outpatient model is well aligned operationally and strategically to deliver high-quality and coordinated care to patients in our local communities, while improving the efficiency and overall cost of care.  We believe that by taking care of as many of our IPA's enrolled patients at our hospitals, we will not only increase the volumes in our emergency rooms and occupy more of our inpatient beds, but we will also reduce the medical cost ratio ("MCR") in our IPAs, thus making our IPAs more profitable.  Nutex Health is building or in advanced planning stages of building 7 microhospitals in the state of Florida over the next 2-3 years.

"Florida is an important state for us.  We are working in parallel to build our hospitals and to set up our provider network there," stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health.

"We welcome the physicians who have joined our IPA in Florida to the Nutex family.  We are proud to have organically grown our network so rapidly and are also evaluating potential IPA and MSO acquisitions in Florida and other states," stated Warren Hosseinion, M.D., President of Nutex Health.

 

Source:prnewswire.com

Report Abuse