NextGen Healthcare, Inc. (NXGN) Research

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.

Market snapshot

Symbol
NXGN
Price
$23.94
Day change
+0.13%
Market cap
$1.6B
P/E ratio
-598.50x
52-week range
15.23-23.98
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Analyst price target
$24.00

Peer companies

  • Agiliti, Inc. (AGTI)
  • Ambrx Biopharma Inc. (AMAM)
  • Astrana Health, Inc. (ASTH)
  • BELLUS Health Inc. (BLU)
  • CinCor Pharma, Inc. (CINC)
  • Fusion Pharmaceuticals Inc. (FUSN)
  • Heska Corporation (HSKA)
  • POINT Biopharma Global Inc. (PNT)

Recent insider activity

  • Barbarosh Craig A. — D-Return (9483 shares) on 2023-11-09
  • Barbarosh Craig A. — D-Return (67269 shares) on 2023-11-09
  • Sides David William — D-Return (605540 shares) on 2023-11-09
  • Sides David William — D-Return (381059 shares) on 2023-11-09
  • Ahmadzai David — D-Return (14315 shares) on 2023-11-09

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