Nextgen Healthcare Inc Stock Price, News & Analysis

NextGen Healthcare, Inc. (NASDAQ: NXGN) announced that Monmouth Family Health Center in New Jersey has adopted its integrated healthcare technology solutions. This includes NextGen® Enterprise EHR, Practice Management, EDR, and patient experience platforms. The partnership aims to enhance services such as medical, behavioral health, and dental care, while improving reporting and billing processes. Monmouth serves nearly 54,000 patients annually, providing accessible healthcare regardless of financial capability, reflecting a strong community service commitment.

NextGen Healthcare (NASDAQ: NXGN) has launched the NextGen® Community Health Collaborative (NCHC), a groundbreaking initiative aimed at enhancing community health services through data benchmarking and analytics. This collaborative will engage key health centers across the U.S., facilitating the development of actionable insights for better care models, especially for underserved populations. NCHC members will pilot various programs starting in 2022, focusing on interoperability, clinical quality reporting, and health equity. This initiative could significantly impact community healthcare delivery in the U.S.

NextGen Healthcare (NASDAQ: NXGN) hosted its 24th Annual User Group Meeting (UGM) from Nov. 8-10, focusing on the theme “ENGAGE.” The event featured keynotes from Dr. Marty Makary and Paralympic medalist Amy Purdy, emphasizing technology and patient-provider connections. Over 100 sessions were conducted, and six organizations received “Excellence in Healthcare” awards, including Bowen Center and Syracuse Community Health Center. NextGen's commitment to enhancing healthcare technology and patient engagement was highlighted by CEO David Sides, celebrating innovative client solutions.

NextGen Healthcare, Inc. (Nasdaq: NXGN) has launched its 24th annual User Group Meeting (UGM) with a focus on the theme “ENGAGE”. The virtual conference, running through Nov. 10, features over 80 live breakout sessions and 100 on-demand sessions, providing attendees with insights into ambulatory practices. Keynote speakers include Dr. Marty Makary and Paralympic medalist Amy Purdy. New offerings include 20 discussion forums and 1:1 meetings with experts. The sessions will be accessible until January 31, 2022, enhancing client engagement in the evolving healthcare landscape.

NextGen Healthcare announced that its client, Bridges Health Partners, achieved nearly $30 million in Medicare savings from 2018 to 2020, ranking in the top 10% of performing ACOs in the U.S. The performance was driven by NextGen Population Health solutions, which integrate patient data to enhance healthcare quality and efficiency. Bridges, a joint venture of four health systems, successfully utilized the tools to improve patient outcomes and achieve a quality performance score of 97% for Medicare patients in 2020.

NextGen Healthcare, Inc. (NASDAQ: NXGN) announced participation in two upcoming virtual investor conferences. CEO David Sides and CFO Jamie Arnold will present at the Credit Suisse 30th Annual Healthcare Conference on November 11, 2021, at 1:50 p.m. ET, followed by the Piper Sandler 33rd Annual Virtual Healthcare Conference from November 22 to December 2. Recordings of both events will be available at investor.nextgen.com for 90 days. NextGen specializes in ambulatory-focused technology solutions.

NextGen Healthcare (NASDAQ: NXGN) announced that its client, Eye Center South, implemented NextGen® Mobile to enhance practice efficiency and patient access across its 14 locations in the Southeast. This mobile solution improves access to patient records, allowing physicians to streamline documentation and reduce administrative burdens. Approximately 95% of Eye Center South's patients come from referrals, underscoring the importance of effective communication with referring providers. The technology allows fast verbal dictation for over 25-50 patients daily.

NextGen Healthcare has been awarded the 2021 Surescripts White Coat Award for the sixth time, recognizing its contributions to enhancing prescription accuracy. The company is one of three EHR vendors to receive this prestigious accolade, highlighting its commitment to patient safety and healthcare delivery improvements. The award reflects NextGen's use of innovative e-prescribing practices, particularly in the Structured & Codified Sig Champion category. This recognition emphasizes their role in advancing healthcare technology and improving patient care outcomes.

NextGen Healthcare (NASDAQ: NXGN) announced a share repurchase program authorized by its Board of Directors, allowing for the buyback of up to $60 million of common stock through March 2023. This initiative aims to strategically utilize cash while maintaining flexibility for future investments, including acquisitions and R&D. The company emphasizes a disciplined approach to capital allocation and believes strong cash flow positions them well for returning value to shareholders while pursuing growth opportunities.