NueHealth

What NueHealth does

NueHealth is a privately-held healthcare services company founded in 1997 and headquartered in Leawood, Kansas, that develops, owns, and manages ambulatory surgery centers (ASCs) and surgical hospitals while operating a value-based care infrastructure platform for surgical episodic payment. The company partners with physicians, health systems, and payors to align incentives around outpatient surgical care delivery, having developed, operated, or owned more than 150 surgical facilities nationwide alongside 3,000+ partnered physicians and 30+ health system relationships. Its core technology stack centers on the proprietary Insights business intelligence platform, which consolidates clinical, operational, and financial data across ASC source systems for real-time performance visibility, supplemented by the exclusively licensed Muve clinical program (evidence-based care pathways with a 90+ day episode warranty), the NueRisk Partners physician network for full-risk episodic care, a CMS PRO-PM compliance platform, claims adjudication tools, and reinsurance services.

NueHealth generates revenue through multiple streams including ASC management fees (both equity and non-equity arrangements), full-risk episodic payment management under the NueRisk Partners network, equity participation in ASC development joint ventures, and reinsurance fees for downside risk protection. The go-to-market model is enterprise field sales targeting physicians, health systems, and ASC operators through bespoke partnership structures, with marketing primarily driven by executive thought leadership via Becker's Healthcare and industry conferences rather than mass-market channels. Customers span three primary segments: payors (health insurers, commercial payers, self-funded employers, and CMS) seeking to operationalize episodic payments; physicians seeking infrastructure to assume financial risk and multiply earnings up to 4x through value-based models; and ASC operators seeking operational improvement, analytics, and value-based care readiness.

The company's strategic positioning centers on a vertically integrated stack spanning facility development, clinical standardization, risk-bearing infrastructure, and data analytics, which it claims can reduce total joint replacement costs by $20,000-$25,000 per episode compared to the national average. Recent strategic activity includes a 2024 minority equity acquisition of a Chicagoland ASC, four new partnership announcements in Missouri and New Jersey in January 2026, and November 2025 membership in the Health Care Transformation Task Force alongside Cigna Healthcare. The company maintains a nonprofit-affiliated subsidiary (NueHealth Surgical Alliance) focused on closing the global surgical gap.

Name

NueHealth

Legal name

NueHealth

Website

https://nuehealth.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NueHealth is a privately-held healthcare services company that develops, owns, and manages ambulatory surgery centers while operating a value-based care infrastructure platform for surgical episodic payments, serving physicians, health systems, and payors.

Ownership category

akta.pro rank

Product category

Ambulatory Surgery Center Management and Value-Based Surgical Care

NAICS

Offices of Physicians (62111), Offices of Physicians (6211)

SIC

Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Multi-Specialty Ambulatory Surgery Centers (ASCs) (HLAFAIAA)

akta.pro secondary industries

Orthopedic & Spine Surgery Centers (HLAFAIAG), Pain Management & Interventional Procedure Centers (HLAFAIAH), Operating Room Integration & Surgical Informatics (OR control, documentation, connectivity) (HLAHADAE)

Keywords

• Ambulatory surgery centers
• Value-based care
• Surgical facility management
• Episodic payment models
• ASC development services

Headquarters

HQ city

Leawood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. ASC Management Fees: NueHealth generates revenue through management fees charged to ASC partners for operational oversight, business intelligence access, and performance optimization services. Fees are structured based on the scope of engagement, whether equity or non-equity management arrangements.
2. Full-Risk Episodic Payment Management: Revenue is generated by operationalizing full-risk episodic care through the NueRisk Partners network. NueHealth assumes downside risk and earns fees for managing provider network integration, claims adjudication, and performance tracking under warranty-backed episodic payment agreements with payors.
3. ASC Development and Ownership: NueHealth participates in ASC development through joint ventures with physicians and health systems, generating returns through equity ownership in surgical facilities. The company has developed or operated more than 150 surgical facilities nationwide.
4. Reinsurance Services: Structured safeguards protect against downside exposure for physicians participating in two-sided risk models, with NueHealth earning fees for risk transfer and reinsurance services.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

NueHealth partners with payors, physicians, and ambulatory surgery centers to develop, manage, and operate surgical facilities while enabling value-based episodic care delivery. The company combines ASC development and management services with the proprietary Insights business intelligence platform, the Muve evidence-based clinical program, the NueRisk Partners physician network for full-risk episodic payment models, and supporting services including claims adjudication, reinsurance, and episode-of-care warranties.

Product overview

NueHealth offers an integrated platform of surgical care solutions centered on ASC development, management, and value-based care delivery. The core portfolio includes the Insights business intelligence platform, which unifies clinical, operational, and financial data across the network; the Muve Clinical Program for standardized surgical care delivery; and NueRisk Partners, a physician-led network enabling full-risk episodic care. These core offerings are supplemented by ASC Management Services, ASC Development Services, Stay Suites post-operative accommodations, PROMs Collection Platform for CMS compliance, Reinsurance Services, Claims Adjudication tools, and the Episode-of-Care Warranty. The platform operates on a flexible partnership model with both equity and non-equity management arrangements.

Differentiator

Problem solved

Functional benefit

Brands

• NueRisk Partners: Physician-led network enabling participation in full-risk, value-based episodic care with performance-aligned contracting and episode-of-care warranties.
• Muve
• NueHealth Surgical Alliance

Products and services

• Insights Business Intelligence Platform Proprietary business intelligence platform integrating clinical, operational, and financial data into a unified analytics environment providing real-time visibility into ASC performance across source systems (EMR, practice management, supply chain, financial systems). Supports case-level margin analysis, payor analytics, OR utilization tracking, and comparative benchmarking across facilities, service lines, physicians, and procedure types.
• Muve Clinical Program Exclusively licensed, evidence-based clinical program that standardizes high-quality surgical care delivery through advanced care pathways, nurse-led patient navigation, and episode-of-care management. Supported by a 90-day warranty and unified technology infrastructure, Muve enhances outcomes, improves cost predictability, and aligns payors, physicians, and patients across the care continuum.
• NueRisk Partners Physician-led network that enables participation in full-risk, value-based episodic care. The model includes performance-aligned contracting, evidence-based clinical program (Muve), episode-of-care warranties, and data-driven reporting to support outcomes and financial performance for surgeons.
• ASC Management Services Comprehensive management services that improve clinical, operational, and financial performance through structured leadership, real-time data visibility, and flexible partnership models. Supports clinical operations, financial performance, workforce management, value-based care readiness, and business intelligence for ambulatory surgery centers.
• ASC Development Services End-to-end development approach combining physician alignment, market strategy, and operational expertise to develop ambulatory surgery facilities designed for long-term clinical and financial performance in a value-based healthcare environment.
• Reinsurance Services Structured safeguards that protect against downside exposure, enabling confident participation in two-sided risk models for physicians in the NueRisk Partners network. NueHealth earns fees for risk transfer and reinsurance services.
• PROMs Collection Platform Digital platform designed to support the full lifecycle of CMS THA/TKA PRO-PM data collection and submission, including centralized documentation within defined timeframes, automated patient reminders, and built-in criteria to meet data-completeness thresholds.
• Claims Adjudication Efficient processing tools that streamline claims adjudication and reduce administrative burden for busy practices participating in episodic payment models.
• Episode-of-Care Warranty 90+ day warranty that backs full-risk episodic care delivery, delivering guaranteed savings and reducing financial variability for payors while standing behind clinical outcomes.

Quantifiable outcome

• Total joint volume increased 240% over four years at transformed ASC
• +5 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and growth.

• Hackensack Meridian HealthcoreStrategic or Co-development Partner · 21 January 2026Minority-equity joint venture partnership for Hackensack Musculoskeletal Surgery Center in New Jersey. NueHealth provides management expertise, analytics capabilities, and operational support to expand same-day surgery options for bone, joint, and spine procedures. The partnership reflects shared commitment to high-quality, cost-effective outpatient care delivery.
• St. Joseph Center for Outpatient SurgerycoreStrategic or Co-development Partner · 21 January 2026Non-equity management arrangement enabling physician and health system owners to retain local ownership while gaining access to NueHealth's centralized operational expertise and advanced analytics capabilities. Physicians maintain clinical leadership and governance while benefiting from NueHealth's enterprise-level infrastructure.
• The Surgical Center at Columbia Orthopaedic GroupcoreStrategic or Co-development Partner · 21 January 2026Management partnership supporting the orthopedic group's surgical center, providing operational oversight and performance optimization services to enhance care delivery and financial performance.
• Surgery Center of the NorthlandgrowthStrategic or Co-development Partner · 21 January 2026De novo development project led by NueHealth in Platte City, Missouri, scheduled to open in spring 2026. NueHealth leads facility development from concept through operational readiness, with physicians and health systems as development partners.
• Health Care Transformation Task ForcecoreStrategic or Co-development Partner · 11 November 2025NueHealth joined the Health Care Transformation Task Force as a member alongside Cigna Healthcare, contributing expertise in value-based care and innovative delivery models to accelerate the shift toward value-based healthcare. The Task Force is a collaboration of patients, payers, providers, purchasers, and partners working to transform the healthcare system.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• United Surgical Partners International (USPI): Largest ASC management and development company in the U.S., operating hundreds of ambulatory surgery centers in partnership with physicians and health systems. Directly comparable to NueHealth's ASC development, management, and joint venture partnership model at significantly greater scale.
• Surgery Partners: Public ASC operator and management company with a national footprint of surgical facilities. Competes directly with NueHealth in partnering with physicians and health systems to develop and operate outpatient surgical centers across multiple specialties.
• ValueHealth: Value-based surgical care platform focused on bundled payment arrangements and outpatient surgical facility development. Closely mirrors NueHealth's value-based care and episodic payment thesis, including partnerships with payors and physicians.
• Regent Surgical Health: ASC management and development company partnering with hospitals and physicians to own and operate ambulatory surgery centers. Comparable to NueHealth's ASC management services and joint venture partnership offerings.
• Surgical Management Professionals: ASC management company providing operational, clinical, and financial management services to ambulatory surgery centers. Comparable in scope and target customer base to NueHealth's ASC management services.
• ASD Management: Physician-owned ASC management organization partnering with surgeons and hospitals to develop and operate ambulatory surgery centers. Direct competitor in the ASC development and management partnership space.

Broad incumbents

• HCA Healthcare: Large for-profit hospital system that operates ASCs as part of a broader inpatient and outpatient portfolio. While not a pure-play ASC partner, HCA competes for physician relationships and value-based care contracts.
• Tenet Healthcare: Diversified healthcare operator with significant ASC exposure through USPI (its majority-owned subsidiary). Competes with NueHealth in ASC management and outpatient surgical services as part of a wider hospital and ambulatory portfolio.

Others

• Cigna Healthcare: Major commercial payor and co-member with NueHealth in the Health Care Transformation Task Force. Represents the payor side counterpart that NueHealth contracts with for episodic payment arrangements and value-based surgical care.

Regional players

• Rothman Orthopaedic Institute: Large orthopedic specialty group and historical joint venture partner with NueHealth (Rothman Orthopaedic Specialty Hospital opened 2009). Comparable as a leading orthopedic physician organization that aligns with NueHealth's value-based surgical care thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nuehealthllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NueHealth