STOCK TITAN

Nextgen Healthcare Inc - NXGN STOCK NEWS

Welcome to our dedicated page for Nextgen Healthcare news (Ticker: NXGN), a resource for investors and traders seeking the latest updates and insights on Nextgen Healthcare stock.

NextGen Healthcare, Inc. (symbol: NXGN) is a leading provider of integrated clinical, financial, and connectivity solutions within the healthcare sector. As a wholly owned subsidiary of Quality Systems, Inc., NextGen Healthcare focuses on improving the efficiency and quality of care provided by primary care physicians, specialist physicians, health systems, and dental provider organizations.

The company offers a robust suite of products and services designed to facilitate collaborative care and enhance patient engagement. Their solutions support key healthcare initiatives such as the patient-centered medical home, accountable care organizations, and health information exchange.

NextGen Healthcare’s portfolio includes electronic health records (EHR), practice management systems, revenue cycle management, and population health services. These tools help healthcare providers streamline operations, maintain regulatory compliance, and achieve better financial performance.

Recent achievements include advancements in their EHR platform to incorporate new interoperability standards, enhancing their practice management systems to offer more robust reporting and analytics capabilities, and expanding their telehealth solutions to meet the growing demand for remote patient care.

The company is financially stable, with a strong balance sheet and a commitment to continuous innovation. NextGen Healthcare maintains strategic partnerships with key players in the healthcare industry to deliver cutting-edge solutions and services that meet the evolving needs of healthcare providers.

By leveraging advanced technology and a comprehensive product suite, NextGen Healthcare stands out as a pivotal player in the healthcare IT landscape, driving better outcomes for patients and healthcare systems alike.

Rhea-AI Summary

NextGen Healthcare, Inc. (Nasdaq: NXGN) reported fiscal second quarter results for 2022, showing total revenue of $149.3 million, a 7% increase year-over-year. Recurring revenue comprised 91% of this, totaling $135.6 million, up 8%. Subscription services revenue rose 12% to $41.1 million. Despite a net loss per share of $0.10, the company adjusted its 2022 revenue guidance to between $584 and $590 million. Positive earnings guidance was also raised to between $0.90 and $0.96 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.73%
Tags
-
Rhea-AI Summary

NextGen Healthcare (NASDAQ: NXGN) partners with Validic to enhance patient care through real-time remote patient monitoring (RPM). White House Clinics in Kentucky, utilizing NextGen's integrated digital health platform, leverages RPM for chronic-condition management, improving patient engagement and care insights. The solution streamlines data from various devices, facilitating better clinical decision-making. NextGen's technology suite includes EHR, practice management, and patient experience tools, enabling comprehensive healthcare delivery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
partnership
-
Rhea-AI Summary

NextGen Healthcare, Inc. (NASDAQ: NXGN) will host its 24th annual User Group Meeting (UGM) virtually from November 8-10, 2021. The event, themed “Engage,” aims to provide insights and trends affecting ambulatory practices. Keynote presentations will be delivered by Marty Makary, a prominent health policy expert, and Paralympic star Amy Purdy. The UGM will feature 20 discussion forums, 1:1 meetings with experts, and opportunities for CME and CNE credits. Registration is open, with rates set at $499 for individuals and $3,499 for groups.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
Rhea-AI Summary

NextGen Healthcare, Inc. (NASDAQ: NXGN) will release its fiscal 2022 Q2 operating results on October 28, 2021, post-market. A conference call will follow at 5:00 p.m. ET, where shareholders can join via phone. This quarterly result marks an important update for investors, reflecting the company's performance in the ambulatory technology sector.

NextGen is a leader in providing technology solutions for ambulatory care, focusing on improving clinical productivity and financial outcomes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
conferences earnings
-
Rhea-AI Summary

NextGen Healthcare, Inc. (NASDAQ: NXGN) held its 2021 Annual Meeting, where founder Sheldon Razin expressed gratitude towards shareholders for their engagement. He highlighted the company's growth and market expansion, crediting the dedication of the team and the recent appointment of new CEO David Sides. Razin emphasized that NextGen Healthcare is well-positioned to continue its leadership in the ambulatory care market, supported by its impressive portfolio of products and services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
-
Rhea-AI Summary

NextGen Healthcare, Inc. (Nasdaq: NXGN) announced significant outcomes from its Annual Meeting. Shareholders approved the company's reincorporation into Delaware, eliminated cumulative voting in director elections, and elected all nine director nominees. The Board now includes eight independent directors and a new CEO, enhancing diversity and expertise. Additionally, shareholders ratified the appointment of the accounting firm and amended the equity plan. However, proposals regarding executive compensation and Board authority increase were not approved. Results will be filed with the SEC.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
Rhea-AI Summary

NextGen Healthcare, Inc. (NASDAQ: NXGN) has partnered with the Community Health Center of Snohomish County in Washington to implement its comprehensive technology solutions. The adoption includes NextGen Enterprise EHR, PM, and Population Health solutions to enhance healthcare services for nearly 70,000 annual patients. The clinic aims to improve productivity, simplify billing, and expand access to care, especially for underserved populations. The integrated platform supports complex healthcare requirements, enabling the clinic to enhance patient engagement and service delivery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
Rhea-AI Summary

NextGen Healthcare (NXGN) encourages shareholders to vote 'FOR' its nominated directors and proposals on the WHITE proxy card for the upcoming Annual Meeting on October 13, 2021. The company has received endorsements from three prominent proxy advisory firms: ISS, Glass Lewis, and Egan-Jones. The Board highlights significant transformations under new leadership, emphasizing enhanced capital allocation towards R&D and strategic M&A, resulting in an improved management team and boosted employee engagement. The firm reports accelerating revenue growth and strong operating cash flow with no debt.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
none
-
Rhea-AI Summary

NextGen Healthcare, Inc. (Nasdaq: NXGN) has expanded its collaboration with Mednax, Inc., enhancing its integrated healthcare platform. Mednax will now utilize NextGen Virtual Visits™ and NextGen® Mobile to streamline patient care. This integration supports over 800 ambulatory providers across 39 states, facilitating efficient workflows and improving patient experiences.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
Tags
none
Rhea-AI Summary

The Razin Group, representing 15.2% of NextGen Healthcare (NXGN) shares, advocates for the election of a new board slate during the Annual Meeting on October 13, 2021. The group criticizes the current board's six years of underperformance under Chairman Jeffrey Margolis, noting a lack of significant growth despite repeated promises. They urge shareholders to vote on the BLUE Proxy Card to reset the board's power dynamics, emphasizing the importance of board members having meaningful equity stakes for accountability and better governance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
none

FAQ

What is the market cap of Nextgen Healthcare (NXGN)?

The market cap of Nextgen Healthcare (NXGN) is approximately 1.6B.

What is NextGen Healthcare, Inc.?

NextGen Healthcare, Inc. is a leading provider of integrated clinical, financial, and connectivity solutions for healthcare providers.

What services does NextGen Healthcare offer?

NextGen Healthcare offers electronic health records, practice management systems, revenue cycle management, and population health services.

Who are the primary users of NextGen Healthcare's solutions?

Primary users include primary care physicians, specialist physicians, health systems, and dental provider organizations.

What recent advancements has NextGen Healthcare made?

Recent advancements include enhanced EHR interoperability, robust practice management analytics, and expanded telehealth solutions.

What healthcare initiatives does NextGen Healthcare support?

NextGen Healthcare supports patient-centered medical home, accountable care organizations, and health information exchange initiatives.

Is NextGen Healthcare financially stable?

Yes, NextGen Healthcare is financially stable with a strong balance sheet.

Who is the parent company of NextGen Healthcare?

NextGen Healthcare is a wholly owned subsidiary of Quality Systems, Inc.

What is the stock symbol for NextGen Healthcare?

The stock symbol for NextGen Healthcare, Inc. is NXGN.

How does NextGen Healthcare enhance patient engagement?

NextGen Healthcare enhances patient engagement through its comprehensive suite of products and services tailored for collaborative care.

What strategic partnerships does NextGen Healthcare maintain?

NextGen Healthcare maintains strategic partnerships with key players in the healthcare industry to deliver innovative solutions.
Nextgen Healthcare Inc

Nasdaq:NXGN

NXGN Rankings

NXGN Stock Data

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