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.
NextGen Healthcare (Nasdaq: NXGN) has partnered with Verato to enhance its NextGen® Health Data Hub platform with improved patient-matching technology. This collaboration aims to provide healthcare providers with comprehensive access to patient health data from various EHR systems, enabling better clinical decision-making and enhanced patient experiences. The integration of Verato Universal MPI will improve identity management, ensuring accurate patient data is available for care coordination and chronic condition management. This initiative highlights NextGen's commitment to advancing digital health.
NextGen Healthcare (NASDAQ: NXGN) has announced its participation in two upcoming virtual investor conferences. The first is the SVB Leerink 11th Annual Global Healthcare Conference, featuring a fireside chat on February 17, 2022, at 11:20 a.m. Eastern Time. The second event is the KeyBanc Capital Markets Life Sciences & MedTech Forum on March 23, 2022. Recordings of these presentations will be accessible at investor.nextgen.com for 90 days post-event.
NextGen Healthcare has been recognized as the top practice management solution for 11-75 physicians for the fourth consecutive year in the 2022 Best in KLAS: Software & Services Report. Additionally, their NextGen Office product achieved first place in the small practice category for the first time, demonstrating significant growth and innovation in their cloud-based solutions. These awards reflect the trust and satisfaction of NextGen clients, reinforcing the company's commitment to improving healthcare outcomes through effective technology.
NextGen Healthcare, Inc. (NASDAQ: NXGN) announced that Lake County Tribal Health in Northern California will implement its integrated solutions, including NextGen® Enterprise EHR and Practice Management, aiming to enhance patient outcomes and provider workflows for its 12,000 patients. The partnership emphasizes whole person care and improves access through NextGen Virtual Visits. The new platform promises better analytics and reporting, addressing the needs of tribal health centers, while streamlining operations and alleviating provider burnout.
NextGen Healthcare, Inc. (Nasdaq: NXGN) reported revenue of $149.7 million for Q3 FY2022, a 6% increase from last year. Recurring revenue constituted 90% of total revenue, reaching $134.5 million, with subscription services growing 8% to $41.2 million. Fully diluted net income per share improved to $0.08 from $0.01 year-over-year. The company raised its FY2022 revenue guidance to between $591 million and $595 million and non-GAAP EPS guidance to $0.96 to $1.00.
NextGen Healthcare, Inc. (NASDAQ: NXGN) announced it will release its fiscal 2022 third quarter results on January 25, 2022, after market close. A conference call will follow at 5:00 p.m. ET. Interested parties can participate live by calling 866-831-8713, with an archive available for 90 days on the company's investor relations website. The company specializes in ambulatory-focused technology solutions and aims to enhance healthcare quality through its integrated offerings.
NextGen Healthcare (NASDAQ: NXGN) will present at the 40th Annual J.P. Morgan Virtual Healthcare Conference on January 12, 2022, at 3:00 p.m. Eastern Time. The presentation will feature CEO David Sides and CFO Jamie Arnold. A recording will be available at investor.nextgen.com for 90 days post-event. NextGen Healthcare is dedicated to improving ambulatory care through integrated technology solutions, enhancing clinical productivity and patient experience while ensuring financial health for providers.
NextGen Healthcare (NASDAQ: NXGN) announced that El Centro Family Health in New Mexico has adopted its NextGen® Enterprise platform to enhance its healthcare services. El Centro, a nonprofit health center, will utilize NextGen's integrated solutions—covering EHR, practice management, and patient experience—to better serve its growing patient base of 18,750 annually. This partnership aims to streamline operations and improve patient outcomes, supporting El Centro's mission of providing affordable, quality healthcare.
NextGen Healthcare, Inc. (Nasdaq: NXGN) has received the highest satisfaction rating for its broad product portfolio in the KLAS Comprehensive Ambulatory Platforms 2021 Report. Clients noted significant cost savings and revenue gains due to the company's integrated IT solutions. All surveyed clients reported improved billing transparency, reducing denial rates and enhancing collections. The report highlights that organizations benefit from consolidating IT vendors to improve efficiency. NextGen's solutions are seen as critical in transforming ambulatory care, and clients express optimism for future development.
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