By OPEN MINDS Circle
Nutex Health Inc., a physician-led, technology-enabled integrated health care delivery system, acquired two Florida-based primary care independent practice associations (IPAs), Population Health Associates, Inc. (PHA) and Managed Care Insurance Consultants, Inc. (MCIC). Financial terms were not disclosed. As part of the acquisition, Victor Behar, founder and CEO of PHA and MCIC, will lead all Florida IPA operations for Nutex Health.
PHA and MCIC were founded in 1996 in Coral Gables, Florida. They provide high-quality, coordinated care to approximately 4400 managed care patients through a network of approximately 112 primary care physicians (PCPs) in South, Central and North Florida.
Nutex Health is comprised of 22 state-of-the-art micro hospitals in 8 states and primary care-centric, risk-bearing physician networks. The acquisition of PHA and MCIC will add approximately 4400 managed care patients to Nutex Health’s existing 25,000 managed care patients, creates synergies with South Florida Physicians IPA (SFPIPA), Nutex’s existing network of PCPs in South Florida and leverages Nutex’s proprietary cloud-based population health management technology platform, called Clinigence Health.
“Nutex expects to open 5-6 Florida micro-hospitals in Tampa, Miami, Orlando and Jacksonville by the end of 2025. We believe that our integrated healthcare delivery model of micro-hospitals surrounded by our own affiliated network of physicians, once operational, should translate into higher patient volumes for our hospitals while lowering the MCRs for our IPAs, making both the micro-hospitals and IPAs more profitable,” stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health.
Contact information: Nutex Health Inc., 6030 S. Rice, Suite C, Houston, TX 77081; 713-660-0557; Email: info@nutexhealth.com; Website: https://www.nutexhealth.com/