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Nobilis Health

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uuid0039op5

Namestring
Nobilis Health
Legal namestring
Nobilis Health Corp
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Nobilis Health Corp was a Houston- and Dallas-based healthcare management company that developed, owned, and partnered with ambulatory surgery centers, hospitals, and physician practices to deliver minimally invasive elective procedures. Its service portfolio spanned three primary clinical verticals: spine surgery through the Legent Spine partnership, bariatric procedures (gastric bypass, gastric band, gastric sleeve, gastric balloon) via Evolve Weight Loss Experts, and the Omega migraine procedure in collaboration with Migraine Treatment Centers of America. The company also extended elective vascular services after acquiring Arizona Vein & Vascular Center in 2016.

The business model combined facility management fees, comprehensive marketing services for partner physicians, and revenue from clinical procedures performed across its network of more than 60 care centers in six states. A proprietary direct-to-consumer marketing platform generated and converted patient leads, with Nobilis serving as both an operator of surgical assets and a marketing engine that funneled traveling patients from across the United States to its facilities. The go-to-market emphasized speed and clarity of patient acquisition versus conventional healthcare referral pathways.

Nobilis pursued growth through serial acquisitions (DeRosa Medical in 2017, an ambulatory surgery center in 2016, Arizona Vein & Vascular Center in 2016) and a $25 million GE Capital financing in April 2015. Despite a multi-state footprint and distinctive DTC marketing capabilities, the entity ultimately filed for Chapter 7 bankruptcy and is no longer operating. Former NYSE listing under ticker HLTH has been delisted; the brand and physician partnerships referenced on the current website reflect residual legacy assets rather than active operations.

Short descriptiontext

Nobilis Health Corp was a Houston- and Dallas-based healthcare operator that managed 60+ ambulatory surgery centers across six states, providing minimally invasive elective spine, bariatric, and migraine procedures through proprietary direct-to-consumer marketing. The entity is now defunct following Chapter 7 bankruptcy.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
ambulatory surgery centers, bariatric surgery services, minimally invasive spine surgery, migraine treatment procedures, healthcare facility management
Industry3 codes
1Multi-Specialty Ambulatory Surgery Centers (ASCs)
CodeHLAFAIAAPrimaryYes
2Orthopedic & Spine Surgery Centers
CodeHLAFAIAGPrimaryNo
3Pain Management & Interventional Procedure Centers
CodeHLAFAIAHPrimaryNo
NAICS code2 codes
  • Freestanding Ambulatory Surgical and Emergency Centers621493
  • Offices of Physicians62111
SIC code2 codes
  • Services-Specialty Outpatient Facilities, Nec8093
  • Services-Offices & Clinics Of Doctors Of Medicine8011
Product category
Ambulatory Surgery Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Healthcare Services Delivery
TypeManaged Services
Description

Nobilis Health generated revenue by developing, owning, and partnering with ambulatory surgery centers, hospitals, and physician practices to provide high-yield procedures in the elective surgery market. Revenue came from facility management fees, comprehensive marketing services, and partner physician services.

nobilishealth.com
2Bariatric Surgery Services
TypeProfessional Services
Description

Revenue generated through bariatric surgical procedures including gastric bypass, gastric band, gastric sleeve, and gastric balloon in partnership with Evolve Weight Loss Experts.

nobilishealth.com
3Migraine Treatment Services
TypeProfessional Services
Description

Revenue from the Omega procedure, an electrical stimulation treatment for migraines, delivered through partnership with Migraine Treatment Centers of America.

nobilishealth.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Nobilis Health Corp developed, owned, and partnered with ambulatory surgery centers, hospitals, and physician practices to deliver minimally invasive elective surgical procedures, including spine surgery, bariatric weight-loss procedures, and the Omega migraine treatment procedure. The company supported these clinical services with a proprietary direct-to-consumer marketing platform that streamlined patient acquisition, billing, and physician services across a network of more than 60 care centers in six U.S. states.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Robust revenue and caseload growth through aggressive but prudent growth strategy
+1 more record
Product overview1 text field

Nobilis Health was a healthcare management company that operated a network of over 60 care centers across six states, offering minimally invasive elective surgeries. The portfolio included spine surgery services through Legent Spine, bariatric procedures (gastric bypass, gastric sleeve, gastric band, gastric balloon) in partnership with Evolve Weight Loss Experts, and migraine treatment via the Omega Procedure with Migraine Treatment Centers of America. Supporting these clinical services was a proprietary direct-to-consumer marketing platform that enabled patient acquisition, billing, and facility management.

Product and service2 records
1Spine Surgery Services
CategoryElective Spine Surgery
Description

Minimally invasive, elective spine surgery services provided through the Legent Spine partnership, featuring orthopedic spine surgeons and neurosurgeons treating complex spine conditions for individual patients.

2Bariatric Surgery Procedures
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1Evolve Weight Loss Experts
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic partnership for providing bariatric surgical procedures including gastric bypass, gastric band, gastric sleeve, and gastric balloon. The partnership's central mission was to broaden patient access to weight loss surgeries through Nobilis Health's facility network and marketing expertise.

nobilishealth.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic collaboration to popularize and implement the Omega procedure, an innovative electrical stimulation treatment for migraines. Migraine Treatment Centers of America brought in-depth knowledge and specialization in migraine care, while Nobilis Health provided infrastructure and marketing expertise. Together they ensured the Omega procedure was widely accessible.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership with Legent Spine for spine surgery services. Legent Spine provides award-winning spine specialists including orthopedic spine surgeons and neurosurgeons specializing in minimally invasive spine surgery and advanced surgical techniques for complex spine conditions.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Nobilis Health

Ambulatory Surgery Servicesnobilishealth.com

Nobilis Health Corp was a Houston- and Dallas-based healthcare operator that managed 60+ ambulatory surgery centers across six states, providing minimally invasive elective spine, bariatric, and migraine procedures through proprietary direct-to-consumer marketing. The entity is now defunct following Chapter 7 bankruptcy.

What Nobilis Health does

Nobilis Health Corp was a Houston- and Dallas-based healthcare management company that developed, owned, and partnered with ambulatory surgery centers, hospitals, and physician practices to deliver minimally invasive elective procedures. Its service portfolio spanned three primary clinical verticals: spine surgery through the Legent Spine partnership, bariatric procedures (gastric bypass, gastric band, gastric sleeve, gastric balloon) via Evolve Weight Loss Experts, and the Omega migraine procedure in collaboration with Migraine Treatment Centers of America. The company also extended elective vascular services after acquiring Arizona Vein & Vascular Center in 2016.

The business model combined facility management fees, comprehensive marketing services for partner physicians, and revenue from clinical procedures performed across its network of more than 60 care centers in six states. A proprietary direct-to-consumer marketing platform generated and converted patient leads, with Nobilis serving as both an operator of surgical assets and a marketing engine that funneled traveling patients from across the United States to its facilities. The go-to-market emphasized speed and clarity of patient acquisition versus conventional healthcare referral pathways.

Nobilis pursued growth through serial acquisitions (DeRosa Medical in 2017, an ambulatory surgery center in 2016, Arizona Vein & Vascular Center in 2016) and a $25 million GE Capital financing in April 2015. Despite a multi-state footprint and distinctive DTC marketing capabilities, the entity ultimately filed for Chapter 7 bankruptcy and is no longer operating. Former NYSE listing under ticker HLTH has been delisted; the brand and physician partnerships referenced on the current website reflect residual legacy assets rather than active operations.

Nobilis Health firmographics

Firmographics
Name
Nobilis Health
Legal name
Nobilis Health Corp
Website
https://nobilishealth.com
Company type
Private
Founded year
2007
Operating status
Closed
Headcount range
251–500 employees
Short description
Nobilis Health Corp was a Houston- and Dallas-based healthcare operator that managed 60+ ambulatory surgery centers across six states, providing minimally invasive elective spine, bariatric, and migraine procedures through proprietary direct-to-consumer marketing. The entity is now defunct following Chapter 7 bankruptcy.
Ownership category
akta.pro rank

Nobilis Health industry classification

Industry
Product category
Ambulatory Surgery Services
NAICS
Freestanding Ambulatory Surgical and Emergency Centers (621493), Offices of Physicians (62111)
SIC
Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)
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)

Keywords

  • Ambulatory surgery centers
  • Bariatric surgery services
  • Minimally invasive spine surgery
  • Migraine treatment procedures
  • Healthcare facility management

Where Nobilis Health is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Nobilis Health business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Healthcare Services Delivery: Nobilis Health generated revenue by developing, owning, and partnering with ambulatory surgery centers, hospitals, and physician practices to provide high-yield procedures in the elective surgery market. Revenue came from facility management fees, comprehensive marketing services, and partner physician services.
  2. Bariatric Surgery Services: Revenue generated through bariatric surgical procedures including gastric bypass, gastric band, gastric sleeve, and gastric balloon in partnership with Evolve Weight Loss Experts.
  3. Migraine Treatment Services: Revenue from the Omega procedure, an electrical stimulation treatment for migraines, delivered through partnership with Migraine Treatment Centers of America.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Nobilis Health product offering

Product offering

Core offering

Nobilis Health Corp developed, owned, and partnered with ambulatory surgery centers, hospitals, and physician practices to deliver minimally invasive elective surgical procedures, including spine surgery, bariatric weight-loss procedures, and the Omega migraine treatment procedure. The company supported these clinical services with a proprietary direct-to-consumer marketing platform that streamlined patient acquisition, billing, and physician services across a network of more than 60 care centers in six U.S. states.

Product overview

Nobilis Health was a healthcare management company that operated a network of over 60 care centers across six states, offering minimally invasive elective surgeries. The portfolio included spine surgery services through Legent Spine, bariatric procedures (gastric bypass, gastric sleeve, gastric band, gastric balloon) in partnership with Evolve Weight Loss Experts, and migraine treatment via the Omega Procedure with Migraine Treatment Centers of America. Supporting these clinical services was a proprietary direct-to-consumer marketing platform that enabled patient acquisition, billing, and facility management.

Differentiator

Problem solved

Functional benefit

Products and services

  • Spine Surgery Services Minimally invasive, elective spine surgery services provided through the Legent Spine partnership, featuring orthopedic spine surgeons and neurosurgeons treating complex spine conditions for individual patients.
  • Bariatric Surgery Procedures

Quantifiable outcome

  • Robust revenue and caseload growth through aggressive but prudent growth strategy
  • +1 more outcomes

Companies that use Nobilis Health

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Nobilis Health technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Nobilis Health partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • Evolve Weight Loss ExpertscoreStrategic or Co-development PartnerStrategic partnership for providing bariatric surgical procedures including gastric bypass, gastric band, gastric sleeve, and gastric balloon. The partnership's central mission was to broaden patient access to weight loss surgeries through Nobilis Health's facility network and marketing expertise.
  • Migraine Treatment Centers of AmericacoreStrategic or Co-development PartnerStrategic collaboration to popularize and implement the Omega procedure, an innovative electrical stimulation treatment for migraines. Migraine Treatment Centers of America brought in-depth knowledge and specialization in migraine care, while Nobilis Health provided infrastructure and marketing expertise. Together they ensured the Omega procedure was widely accessible.
  • Legent SpinecoreStrategic or Co-development PartnerPartnership with Legent Spine for spine surgery services. Legent Spine provides award-winning spine specialists including orthopedic spine surgeons and neurosurgeons specializing in minimally invasive spine surgery and advanced surgical techniques for complex spine conditions.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Nobilis Health competitors and assessment

Company assessment

Market position

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Nobilis Health social profiles

Digital presence

Nobilis Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Nobilis Health leadership team

Management profile

Number of profiles

Profiles7 records

Nobilis Health funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Nobilis Health M&A and investment

M&A and investment

M&A3 records

Investments

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

Frequently asked questions about Nobilis Health

What does Nobilis Health do?

Nobilis Health Corp developed, owned, and partnered with ambulatory surgery centers, hospitals, and physician practices to deliver minimally invasive elective surgical procedures, including spine surgery, bariatric weight-loss procedures, and the Omega migraine treatment procedure. The company supported these clinical services with a proprietary direct-to-consumer marketing platform that streamlined patient acquisition, billing, and physician services across a network of more than 60 care centers in six U.S. states.

Is Nobilis Health a public or private company?

Nobilis Health is a private company. It is classified as unknown and is currently closed.

When was Nobilis Health founded?

Nobilis Health was founded in 2007. It employs 251 to 500 people.

Where is Nobilis Health based?

Nobilis Health is headquartered in Houston, United States, in the North America region.

How does Nobilis Health make money?

Three revenue lines are on record. Healthcare Services Delivery is the primary driver. The others are bariatric Surgery Services and migraine Treatment Services.

Does Nobilis Health have an API?

No public API is recorded for Nobilis Health.

What industry is Nobilis Health in?

Nobilis Health's product category is Ambulatory Surgery Services. Its primary akta.pro industry code is HLAFAIAA, Multi-Specialty Ambulatory Surgery Centers (ASCs), with a secondary code of HLAFAIAG, Orthopedic & Spine Surgery Centers. Its NAICS code is 621493 and its SIC code is 8093.

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Live signals
PR NewswireThinking about buying stock in Aurora Cannabis, Nobilis Health, Maxar Technologies, Netshoes, or Outlook Therapeutics?InvestorsObserver issued critical PriceWatch Alerts for Aurora Cannabis, Nobilis Health, Maxar Technologies, Netshoes, and Outlook Therapeutics. The alerts are based on a proprietary scoring methodology that evaluates short-term technical, long-term technical, and fundamental factors to determine investment suitability.PR NewswireNobilis Health Requests Extension with NYSENobilis Health Corp. has submitted a formal request to the New York Stock Exchange to extend the deadline for filing its Q3 2018 financials by up to six additional months, after receiving notice of non-compliance with NYSE's timely filing requirements. The company's auditors have informed Nobilis that they cannot complete the audit within the initial six-month cure period provided by the NYSE. The company cannot guarantee that the NYSE will grant the extension or that it will be able to resolve the filing delinquency within any extended period, raising the prospect of potential delisting.PR NewswireHLTH DEADLINE ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Nobilis Health Corp.; Important Feb. 12 Deadline - HLTHRosen Law Firm announced the filing of a securities class action lawsuit against Nobilis Health Corp. (NYSE: HLTH) on behalf of investors who purchased securities between May 8, 2018 and November 15, 2018. The lawsuit alleges that Nobilis made false and misleading statements regarding overstated accounts receivable and revenue, untimely quarterly report filing, and non-compliance with NYSE listing requirements. Investors who wish to serve as lead plaintiff must move the Court by February 12, 2019.PR NewswireNobilis Health Announces New CFONobilis Health Corp (NYSE American: HLTH) has appointed Brandon Moreno, previously Senior Vice President of Finance, as the company's Chief Financial Officer, effective immediately. Moreno brings over 11 years of healthcare financial management experience and has been with Nobilis for more than four years, having worked across finance, accounting, and revenue cycle departments. CEO James Springfield expressed confidence in Moreno's capabilities as the company continues its strategic transition toward becoming a predominantly in-network provider.PR NewswireNobilis Health Announces New In-Network Contract at Plano Surgical HospitalNobilis Health Corp. announced it has entered into an in-network contract (Payor Agreement) at Plano Surgical Hospital with one of the nation's largest commercial payors, effective January 1, 2019. This agreement brings the facility in-network with three of the nation's four largest commercial payors and puts the company at approximately 60% in-network coverage in Texas as of early 2019. The company stated this contract represents progress toward becoming a comprehensive in-network health system, with expected benefits including increased predictability and speed of collections, as well as the ability to attract "in network only" surgeons to their facilities.PR NewswireNobilis Health Announces Appointment of New CEO and Conference CallNobilis Health Corp. has appointed Mr. James Springfield as its new Chief Executive Officer, with Harry Fleming continuing as Chairman of the Board. Springfield brings extensive healthcare executive experience, including serving as Senior Vice President at Optum and leading Valley Baptist Health System, where he grew revenues from $800 million to $1.7 billion. The company views this appointment as key to executing its shift toward an in-network healthcare model and expanding into new specialties including total joint replacements, ENT, and cardiovascular services.PR NewswireLEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Nobilis Health Corp. To Contact The FirmFaruqi & Faruqi, LLP is soliciting lead plaintiffs for a federal securities class action against Nobilis Health Corp. regarding alleged violations of federal securities laws between May 8 and November 15, 2018. The lawsuit claims the company overstated accounts receivable and revenue, failed to file its 10-Q on time, and violated NYSE listing requirements, leading to significant stock price drops.PR NewswireSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Nobilis Health Corporation - HLTHPomerantz LLP announced an investigation into Nobilis Health Corporation and certain of its officers and/or directors for potential securities fraud or other unlawful business practices. The investigation follows a series of negative developments including a $2.4 million accounts receivable adjustment in Q2 2018, a subsequent re-evaluation of accounts receivable on older claims, and the company's failure to timely file its 10-Q quarterly report. The company's stock price fell more than 17% on August 2, 2018, over 25% on November 12, 2018, and more than 12% on November 16, 2018, cumulative decline exceeding 40%, while also receiving notice of NYSE non-compliance.PR NewswireInvestor Alert: Kaplan Fox Investigates Nobilis Health Corp. (HLTH)Kaplan Fox & Kilsheimer LLP filed a securities class action lawsuit in the U.S. District Court for the Southern District of Texas against Nobilis Health Corp., its CEO, and its former and current CFOs on behalf of investors who purchased Nobilis securities between May 8, 2018 and November 15, 2018. The complaint alleges that Nobilis overstated its accounts receivable and revenue, failed to timely file quarterly reports, and made materially misleading positive statements about the company's business and prospects. Following revelations of a $2.4 million accounts receivable adjustment on August 2, 2018, the company's share price fell over 17% to $0.95 per share, and after announcing further significant adjustments on November 9, 2018, the stock dropped more than 25% to $0.52 per share.PR NewswireNobilis Health Receives NYSE Notice Regarding Late Form 10-Q FilingNobilis Health Corp. received notice from NYSE American on November 15, 2018 that it is not in compliance with the exchange's continued listing requirements due to its failure to timely file its Quarterly Report on Form 10-Q for the three months ended September 30, 2018. The company has been granted six months from the notice date to file the Form 10-Q with the SEC and regain compliance, with potential for an additional six-month extension. Nobilis Health stated it requires additional time to complete its and its auditor's review of financial statements, including a significant adjustment to the carrying value of accounts receivable, primarily on out-of-network claims older than 365 days.