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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nextgen Healthcare's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nextgen Healthcare's position in the market.
NextGen Healthcare (Nasdaq: NXGN) has achieved top rankings in the 2021 Best in KLAS: Software & Services Report, securing the number one position in both ambulatory EMR and practice management solutions for practices with 11-75 physicians. This recognition is based on thorough surveys of healthcare providers across the U.S. and reflects NextGen's commitment to enhancing operational and clinical outcomes. Their platform supports over 100,000 caregivers and has facilitated more than 1 million virtual visits in 2020, showcasing its impact amidst the COVID-19 pandemic.
NextGen Healthcare (Nasdaq: NXGN) announced that Delaware Valley Community Health (DVCH) is utilizing the NextGen Behavioral Health Suite and NextGen Virtual Visits to enhance patient care for underserved populations during the COVID-19 pandemic. DVCH, operating eight Federally Qualified Health Centers in Southeastern Pennsylvania, has seen a 36% rise in behavioral health visits, with over 60% of appointments conducted via telehealth. The integrated platform supports coordinated care, addressing both physical and mental health needs, amid a national increase in depression symptoms during the pandemic.
NextGen Healthcare, Inc. (NXGN) announced third-quarter results for fiscal 2021, reporting revenue of $141.8 million, up from $137.7 million in Q3 2020. However, net income declined to $0.5 million from $4.4 million year-over-year, leading to a decrease in diluted EPS from $0.07 to $0.01. Non-GAAP EPS rose to $0.26 from $0.23, while cash flow from operations improved to $27.9 million. The company reiterated its fiscal 2021 revenue outlook, projecting between $547 and $555 million and a non-GAAP EPS between $0.92 and $0.98.
NextGen Healthcare (Nasdaq: NXGN) has highlighted the effectiveness of its cloud-based EHR platform, NextGen® Office, in supporting specialty practices during the COVID-19 pandemic. The platform aids small practices by optimizing medical billing through NextGen® Revenue Cycle Management (RCM) services, allowing them to focus on patient care. Examples of successful implementations include practices that reduced collection times by 50% and sustained operations amid patient volume declines due to the pandemic, illustrating the platform’s role in enhancing financial performance and ensuring business continuity.
NextGen Healthcare, Inc. (Nasdaq: NXGN) announced preliminary fiscal Q3 2021 results, predicting revenues between $140 and $142 million, an increase from $137.7 million last year. Net income per share is expected to range from ($0.01) to $0.03, down from $0.07. Non-GAAP EPS is projected between $0.24 and $0.26. The company raised its FY 2021 revenue guidance to $547 - $555 million and non-GAAP EPS to $0.92 - $0.98. NextGen cited accelerated commercial success, while acknowledging uncertainties due to COVID-19.
NextGen Healthcare (Nasdaq: NXGN) announced the adoption of its integrated Patient Experience Platform by FPA Women’s Health to enhance patient care during the COVID-19 pandemic. This platform has facilitated a tripling of telehealth appointments, now constituting 10% of total visits. Additional functionalities, such as Patient Self-Scheduling, have improved accessibility. The clinic's focus on behavioral health services for reproductive-age women has expanded despite the pandemic's challenges, with over 5,000 online appointments monthly.
NextGen Healthcare, Inc. (Nasdaq: NXGN) announced the participation of President and CEO Rusty Frantz and CFO Jamie Arnold in the 39th Annual Virtual J.P. Morgan Healthcare Conference, scheduled for January 13, 2021, at 4:30 p.m. Eastern time. The event will include a presentation showcasing the company's ambulatory-focused technology solutions that empower healthcare transformation. An audio replay will be accessible on their investor relations website.
NextGen aims to improve clinical productivity and patient experience while ensuring financial health in the healthcare sector.
NextGen Healthcare (Nasdaq: NXGN) is actively supporting the distribution of COVID-19 vaccines through its EHR software platform. With nearly 50 years in healthcare solutions, it collaborates with health organizations to be a reliable IT partner. The company offers solutions like NextGen® Enterprise for vaccine workflow management, enabling patient notifications and data submissions. Its technology also assists in identifying high-risk patients and tracking vaccination progress, enhancing the overall healthcare response to the pandemic.
HI-BRIDGE HIE has chosen NextGen Health Data Hub as its health information exchange platform, aiming to enhance patient data sharing among providers. This collaboration focuses on improving patient access to care and clinical insights for the Atlanta region. Features of the platform include automated data routing, built-in patient matching, and robust interoperability capabilities. Key stakeholders, including Dominic H. Mack, M.D. and John Beck, express confidence in the platform's ability to elevate data access and provider experience.
NextGen Healthcare, Inc. (Nasdaq: NXGN) announced that its client, Bridges Health Partners LLC, saved nearly $20 million through the Medicare ACO Shared Savings Program over two years. Bridges utilized NextGen® Population Health tools to enhance quality performance and patient care across its network of 1,100 physicians. The combination of data aggregation and analytics enabled Bridges to achieve an impressive quality performance score of 92% in 2019 for Medicare patients. The success highlights the value of integrated healthcare technology in supporting value-based care.