STOCK TITAN

NextGen Healthcare Selected by Covenant Physicians Partners to Optimize Operations for its Broad Network

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

NextGen Healthcare (Nasdaq: NXGN) announced its partnership with Covenant Physicians Partners, a multispecialty services organization employing over 2,000 associates across 20 states. Covenant adopted NextGen® Enterprise Practice Management and NextGen® Optical Management solutions to improve operational efficiency and maintain autonomy for practices. The integration allows seamless optical lab orders, enhanced inventory management, and mobile access to analytics. Covenant's CEO emphasized the platform's capability to streamline operations, and NextGen Healthcare's PM solution remains the top-rated in its category for three consecutive years.

Positive
  • Covenant's adoption of NextGen's integrated solutions enhances operational efficiency.
  • NextGen® Enterprise PM ranked the number one ambulatory practice management solution for three consecutive years.
  • Covenant employs over 2,000 associates, indicating a robust partnership potential.
Negative
  • None.

NextGen Healthcare, Inc. (Nasdaq: NXGN), a leading provider of ambulatory-focused technology solutions, today announced that Covenant Physicians Partners (Covenant), a growing multispecialty services organization has adopted NextGen® Enterprise Practice Management (PM) with integrated NextGen® Optical Management. Covenant employs over 2,000 associates and physicians in almost 20 states nationwide.

NextGen® Enterprise PM enables Covenant’s physicians and surgery center partners to leverage a single database solution providing visibility into its sophisticated multispecialty organization while maintaining their individual practice autonomy.

NextGen Healthcare’s optical solution is integrated directly into its practice management system, enabling Covenant to have seamless optical lab orders, better inventory status, easier point-of-sale application, faster benefit eligibility and customizable reports. Covenant’s administrators can review operational analytics and practice performance from a dashboard on any mobile device.

“We chose the NextGen Healthcare platform because it streamlines our operations and the enterprise architecture allows us to scale as we grow,” said Lenny Brunson, chief executive officer at Covenant Physicians Partners.

“System architecture is a critical decision for large healthcare organizations, so we are pleased that Covenant has entrusted NextGen Healthcare to optimize their operations while simplifying the workflow for their large network of physicians,” said John Beck, chief solutions officer for NextGen Healthcare. “Our integrated platform not only benefits providers, but it also enhances the overall patient experience.”

NextGen® Enterprise PM was ranked the number one ambulatory practice management solution (11-75 physicians) for the third consecutive year in the 2021 Best in KLAS: Software & Services Report. Find out more about boosting practice efficiency, enhancing patient convenience, and optimizing practice revenue, by reading 10 Tips for Better Medical Billing and Practice Management.

About Covenant Physician Partners

Founded in 2008 in Nashville, Tennessee, Covenant Physician Partners is a physician services company that partners with leading providers across the country to grow thriving practices and surgery centers while advancing clinical excellence. Covenant’s national network of leading practices and surgery centers across the outpatient care continuum brings operational expertise, financial backing and clinical best practices to fuel growth. Please visit CovenantPhysicianPartners.com for more information.

About NextGen Healthcare, Inc.

NextGen Healthcare, Inc. (Nasdaq: NXGN) is a leading provider of ambulatory-focused technology solutions. We are empowering the transformation of ambulatory care—partnering with medical, behavioral and dental providers in their journey to value-based care to make healthcare better for everyone. We go beyond EHR and PM. Our integrated solutions help increase clinical productivity, enrich the patient experience, and ensure healthy financial outcomes. We believe in better. Learn more at nextgen.com, and follow us on Facebook, Twitter, LinkedIn, YouTube and Instagram.

FAQ

What did NextGen Healthcare announce in its latest press release?

NextGen Healthcare announced its partnership with Covenant Physicians Partners, focusing on the adoption of integrated practice management solutions.

What is the stock symbol of NextGen Healthcare?

The stock symbol of NextGen Healthcare is NXGN.

How many associates does Covenant Physicians Partners employ?

Covenant Physicians Partners employs over 2,000 associates and physicians across almost 20 states.

What benefits does NextGen® Enterprise Practice Management provide?

NextGen® Enterprise Practice Management offers operational efficiency, a single database solution, and mobile analytics access.

Why did Covenant Physicians Partners choose NextGen's platform?

Covenant chose NextGen's platform for its ability to streamline operations and support scalability as they grow.

NextGen Healthcare, Inc.

NASDAQ:NXGN

NXGN Rankings

NXGN Latest News

NXGN Stock Data

1.61B
54.60M
33.55%
81.44%
7.44%
Health Information Services
Healthcare
Link
United States
Atlanta