Nutex Health Appoints Grant Thornton LLP as New Independent Auditor in Strategic Move

Nutex Health Transition to Grant Thornton LLP as Independent Auditor

Nutex Health Inc. has made a significant move in enhancing its governance by appointing Grant Thornton LLP as its new independent registered public accounting firm. This decision comes as the company continues to grow, managing an impressive lineup of 24 micro-hospitals and various outpatient facilities across 11 states. The change was officially announced on May 22, 2025, and takes effect from May 15, 2025, following a thorough review by the Audit Committee and the Board of Directors.

Why Change Auditors Now?

The Board of Directors of Nutex Health believes that transitioning to Grant Thornton aligns with the company's objectives of strengthening its corporate governance practices, especially given the momentum and increasing market capitalization they are experiencing. Jon Bates, the Chief Financial Officer of Nutex Health, expressed gratitude towards CBIZ CPAs for their past contributions but indicated that this change is a proactive step as the company seeks to maximize its operational efficiency and compliance with accounting standards.

Importantly, this change does not stem from any disagreements regarding accounting practices or auditing procedures. Nutex Health has emphasized that they are committed to ensuring a smooth transition between the two firms. Collaboration between CBIZ and Grant Thornton will facilitate a seamless handover, ensuring that Nutex Health's financial reporting remains robust and transparent.

Overview of Nutex Health Inc.

Founded in 2011 and headquartered in Houston, Texas, Nutex Health Inc. (NASDAQ: NUTX) is a leader in the healthcare delivery system. The company operates under two main divisions: the Hospital Division and the Population Health Management Division.

Hospital Division

The Hospital Division is focused on innovative healthcare models, operating micro-hospitals, specialty hospitals, and outpatient departments. With 24 facilities across diverse regions, Nutex stands out by integrating advanced medical practices with patient-centric services, exemplifying how modern hospitals can evolve.

Population Health Management Division

In parallel, the Population Health Management division manages several provider networks, including Independent Physician Associations (IPAs). Through their Management Services Organization (MSO), they provide essential administrative and management support to various hospitals and physician groups, ensuring high-quality care and operational efficiency.

The Future Ahead

Looking forward, Nutex Health is poised to expand its reach and continue its commitment to delivering exceptional healthcare services. Their growth strategy hinges on effective management, adaptation to regulatory changes, and the ability to meet the needs of a dynamic market.

While the company navigates through transitions in management and service delivery, they remain focused on their foundational goal: to provide high-quality healthcare through innovative practices and strategic partnerships. The appointment of Grant Thornton LLP is a testament to Nutex Health’s dedication to maintaining excellence in governance and operational transparency, critical elements for sustaining long-term growth in the healthcare sector.

In conclusion, this strategic shift in auditors signifies not just a change in bookkeeping but a broader commitment to excellence and accountability in financial practices within Nutex Health. With a strong foundation and visionary leadership, Nutex is well-equipped to lead in the evolving healthcare landscape.