Nutex Health Reopens Red River ER & Hospital in Sherman, Texas, Expanding Micro‑Hospital Network

NUTX
November 25, 2025

Nutex Health reopened the Red River ER & Hospital in Sherman, Texas, on November 24, 2025. The 18,500‑square‑foot facility now houses seven emergency‑room beds, four inpatient suites, and two triage rooms, and it is equipped with a full‑service laboratory and advanced imaging equipment including MRI, CT, X‑ray and ultrasound.

The reopening is part of Nutex’s aggressive expansion of its micro‑hospital network, targeting underserved urban and blue‑collar communities along the Texas‑Oklahoma border. The company now operates 25 facilities across 11 states and plans to open 3‑5 new hospitals annually, reinforcing its strategy to capture high‑growth markets.

In the nine months ended September 30, 2025, Nutex reported revenue of $723.6 million, up 225.5% YoY, and net income of $59.0 million, a turnaround from a $9.5 million loss in the same period 2024. Adjusted EBITDA rose to $243.0 million from $123.7 million in 2024, reflecting improved margins driven by higher patient volumes and efficient cost management.

While the new facility has not yet generated revenue, it expands the company’s capacity to capture patient volume in a high‑growth market. The Sherman location serves both Texas and Oklahoma residents, positioning Nutex to benefit from cross‑border demand and the No Surprises Act arbitration success, which has contributed to an 85% favorable outcome rate.

Chairman and CEO Tom Vo said the reopening reflects Nutex’s commitment to serving dynamic communities on the border, while CFO Jon Bates highlighted the strong balance sheet that supports continued growth. The company’s guidance for full‑year 2025 remains upbeat, with revenue expected to exceed $1.2 billion, driven by the new facility and existing network expansion.

Analysts have maintained a “Strong Buy” consensus, citing the company’s robust revenue growth, margin expansion, and strategic focus on underserved markets. The reopening reinforces investor confidence in Nutex’s scalable micro‑hospital model and its ability to navigate regulatory changes.

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