NextGen Healthcare, Inc. - NXGN STOCK NEWS

NextGen Healthcare, Inc. (Nasdaq: NXGN) hosted its 23^rd Annual User Group Meeting from Nov. 9-12, attracting over 8,000 registrants, a record high. This year's event featured 130 sessions focusing on whole-person care and innovative technology to enhance patient-provider connections. Heartland Community Health Network received the 2020 Client Innovation Award for its template editor innovation aiding COVID-19 documentation. The meeting provided vital content to healthcare professionals and is available on-demand until December 31, 2020.

NextGen Healthcare (Nasdaq: NXGN) has been selected by Orthopaedic & Sports Medicine Center (OSMC) in Kansas to implement its NextGen® Enterprise as the core electronic health record (EHR) and practice management solution. This partnership aims to enhance interoperability and patient experience through features like telehealth and self-scheduling. The integrated platform supports complex orthopedic workflows, fostering better communication between providers and patients while improving clinical and financial outcomes.

NextGen Healthcare, Inc. (Nasdaq: NXGN) has been recognized by KLAS Research as the only ambulatory-focused vendor providing a strong usability experience for interoperability workflows. The 2020 report highlights NextGen's significant progress in data reconciliation and integration of healthcare data, improving decision-making for providers. Clients praised the automated reconciliation of medications and enhanced data sharing capabilities. CEO Rusty Frantz emphasized the role of interoperability in delivering holistic patient care.

NextGen Healthcare (Nasdaq: NXGN) has introduced a new optometric workflow within its NextGen® Ophthalmic Suite, aimed at enhancing collaboration between optometrists and ophthalmologists. This software solution is expected to improve clinical eye care quality and financial performance for providers. The launch comes amid a projected increase of 20 million routine and medical eye exams needed in the U.S. by 2025, driven by an aging population. Salus University, a testing partner, praised the tailored templates and responsive support from NextGen.

NextGen Healthcare, Inc. (Nasdaq: NXGN) has launched its 23rd annual User Group Meeting (UGM) with over 8,000 registered clients, a significant increase from last year. The event, themed “ACT Today, THRIVE tomorrow,” runs until November 12 and features more than 100 hours of tailored content, including 65 live sessions and 57 on-demand courses. The aim is to empower healthcare practices in navigating the evolving landscape post-COVID. CEO Rusty Frantz will lead discussions on critical industry topics following the general session on November 10.

NextGen Healthcare (Nasdaq: NXGN) announced that Arizona's Health Information Exchange (HIE) is utilizing its NextGen® Health Data Hub (HDH) to implement the first COVID-19 alert service in the state. The HDH platform, established earlier this year, now supports over 780 participants and ensures real-time delivery of critical COVID-19 lab results to healthcare staff. This expansion aims to enhance crisis preparation and safeguard frontline workers. NextGen's solution facilitates seamless interoperability, enabling better management of patient care during the pandemic.

NextGen Healthcare, a leader in ambulatory-focused healthcare technology, reported strong fiscal 2021 second quarter results. Revenue reached $140.0 million, up from $134.3 million year-over-year. GAAP net income increased to $10.5 million or $0.16 per share, compared to $6.1 million and $0.09 per share in the prior year. Non-GAAP EPS was $0.30, up from $0.24. Operating cash flow was $30.4 million, with free cash flow at $23.7 million. The company reinstated its annual guidance, expecting revenue between $535 million and $551 million.

NextGen Healthcare (NASDAQ: NXGN) announced a partnership with La Maestra Family Clinic to leverage NextGen® Enterprise technology for integrated telehealth and behavioral health services. This initiative aims to enhance whole person care for underserved communities in San Diego. Approximately 90% of La Maestra's providers are now using NextGen Virtual Visits™, which has helped reduce no-show rates by 5%. The clinic's swift transition to telehealth addresses growing mental health needs amid the COVID-19 pandemic, reflecting a commitment to ensuring access to vital healthcare services.