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Give Nutex Health More Time Before Buying the Stock

Give Nutex Health More Time Before Buying the Stock

Nutex Health (NASDAQ:NUTX) is a Houston-based company. Clinigence Holdings used to trade on the over-the-counter markets under the ticker “CLNH.” The two companies recently merged and the resulting company took the Nutex name, moved to ticker symbol “NUTX” and listed to the Nasdaq stock exchange.

Nutex has been building out a network of “micro hospitals” in various states around the country. It sees these smaller facilities meeting a unique patient and health care provider need. Clinigence operates a health care services and data operation which helps providers optimize their budgeting and allocation of medical and financial resources. In theory, there could be meaningful benefits from combining this sort of data-driven health care information player with a chain of hospitals.

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