🏴☠️ Thegentlemen has just published a new victim : Nutex Health
Brief
nutexhealth. com zoominfo. com/c/nutex-health-inc/372032478 (NUTX, Nasdaq) — US healthcare company, based in Houston, Texas, founded in 2011 by Dr. Thomas Vo. It runs 27 small "micro-hospitals" in 12 states — small hospitals with full 24/7 emergency rooms. Model: fast, cheaper ER care between urgent care and giant hospitals; most revenue comes from Texas. Q2 2026: net income $65.
8M (vs loss a year ago), EBITDA $90M, cash $205M, debt only $31M. Profit exploded because it wins 85%+ of insurance arbitrations (IDR) and got paid at higher out-of-network rates. Plans: 7 new hospitals by 2027 plus two share buyback programs. Main risk: the whole profit engine depends on the arbitration system — new regulation could cut it.
Cheap-looking: P/E around 6, but volatile small-cap with thin analyst coverage.