NextGen Healthcare, Inc. (NXGN)
NextGen Healthcare, Inc. operates in the Medical - Healthcare Information Services industry of the Healthcare sector, headquartered in Atlanta, GA, US. The stock last traded at $23.94, up 0.13% on the session, giving a market capitalisation of $1.61B. On trailing twelve-month figures it carries a trailing P/E of -598.50, a net margin of -0.4%. Its beta of 0.77 implies it has historically moved less than the broad market.
NextGen Healthcare, Inc. stands as a leading provider of healthcare technology solutions across the United States. The company's extensive portfolio addresses critical clinical, financial, and administrative needs, offering products such as NextGen Enterprise EHR for electronic health records, NextGen Enterprise PM for practice management, and NextGen Virtual Visits to facilitate patient engagement. Its integrated solutions also include NextGen Office, along with interoperability platforms like NextGen Share and Mirth Connect, and data analytics tools such as NextGen Health Data Hub. Furthermore, NextGen supports value-based care initiatives through its Population Health Solutions. Beyond its core software, NextGen delivers a comprehensive suite of services. These include managed services like revenue cycle management, which covers billing, collections, electronic claims submission, denials management, payment posting, and accounts receivable follow-up. Professional services encompass training, project management, installation, and ongoing application managed services. Additionally, the company offers expert consulting, assisting clients with optimizing staffing and software, enhancing financial and clinical outcomes, achieving regulatory compliance, and adapting to healthcare reform requirements. NextGen serves a diverse clientele, including accountable care organizations, independent physician associations, managed service organizations, veterans service organizations, dental service organizations, ambulatory care centers, and community health centers, reaching them through both a direct sales team and a reseller channel. Founded in 1974, the company was formerly known as Quality Systems, Inc. before rebranding to NextGen Healthcare, Inc. in September 2018, and its headquarters are located in Atlanta, Georgia.
NextGen Healthcare, Inc. is most often compared with the following Healthcare names: