NextGen Healthcare Strengths, Domain Expertise, and Key Differentiators
Headquartered in Atlanta, Georgia, NextGen Healthcare is an American software and services firm. Specializing in electronic health record (EHR) software and practice management systems, the company caters to the healthcare sector. Additionally, NextGen Healthcare offers population health, financial management, and clinical solutions tailored for medical and dental practices.
NextGen Healthcare Recent Developments
Launched in October 2024, NextGen Enterprise Data Warehouse enables clients to leverage data and analytics for informed business decisions.
In January 2024, NextGen Healthcare expanded the availability of its Mirth Connect data integration solution to healthcare organizations across Europe and the Middle East through strategic partnerships.
NextGen Healthcare Mergers and Acquisitions (M&A) Activities
In November 2023, Thoma Bravo, a software investment firm, acquired NextGen Healthcare for $1.8 billion. The acquisition was approved by NextGen Healthcare's shareholders on November 7, 2023, following which the company’s common stock was delisted from Nasdaq.
NextGen Healthcare Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying NextGen Healthcare applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of NextGen Healthcare and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified NextGen Enterprise EHR, NextGen Office, NextGen Telehealth, NextGen Mirth Connect, NextGen Practice Management customers.
NextGen Healthcare Overview
3525 Piedmont Rd., NE Building 6, Suite 700
Atlanta, GA, 30305, United States
1 404-467-1500
https://www.nextgen.com/
Ownership: - Thoma Bravo
Number of Employees: 2840
Functional Markets: Analytics and BI, Collaboration, Content Management, ERP Financial, ERP Services and Operations,
Key Verticals: Healthcare,
NextGen Healthcare Key Enterprise and Cloud Applications
NextGen Enterprise EHR, NextGen Office, NextGen Telehealth, NextGen Mirth Connect, NextGen Practice Management
NextGen Healthcare Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
NextGen Healthcare Revenue Breakdown By Type, $M:
NextGen Healthcare Enterprise Applications Revenues By Functional Markets, $M:
NextGen Healthcare Enterprise Applications Revenues By Verticals, $M:
NextGen Healthcare Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
NextGen Healthcare Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
NextGen Healthcare Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified NextGen Healthcare Customers
No. of NextGen Healthcare Customers: 10000
No. of NextGen Healthcare Enterprise Applications Customers: x
No. of NextGen Healthcare Cloud Customers: x
No. of NextGen Healthcare Cloud Subscribers: 100000
NextGen Healthcare serves over 10,000 clients and has a customer base of 155,000 providers. Among its notable customers are Reno-Sparks Tribal Health Center (RSTHC), Gila River Health Care (GRHC), Pacific Dental Services (PDS), Capital Women’s Care, LLC, Putnam County Memorial Hospital (PCMH), Avita Health System, Medical Advanced Pain Specialists, Lee Dental, Fairfield County Bariatrics, Community Practice Services, Hunterdon Healthcare, Surgery Partners, Katzen Eye Group, Gailey Eye Clinic, Medical College of Wisconsin, Crystal Run Healthcare, D.W. McMillan Memorial Hospital, Prairie Clinic, MedStar Good Samaritan, and others.
NextGen Healthcare Market Opportunities, M&A and Geo Expansions
NextGen Healthcare’s recent executive appointments position the company for enhanced innovation, security, and growth in the healthcare technology sector. By strengthening its leadership team with experienced professionals in product development, technology, and cybersecurity, the company is better equipped to expand its market presence. Diane Kaye has been selected as chief product officer (CPO), Jacob “Jake” Sims has been named chief technology officer (CTO), and Garo Doudian has been appointed chief information and security officer (CIO/CISO).
NextGen Healthcare Risks and Challenges
NextGen Healthcare faces risks in developing and marketing new products to keep up with technological changes and industry standards. There's uncertainty about their success in meeting client needs and competing with other software products. Failure to distinguish their offerings or introduce new products promptly could harm their market share and financial condition. Despite efforts to develop new software, success is not guaranteed, and delays could impact their competitive position.
With expanding operations, particularly in Europe and the Middle East, NextGen faces risks related to different healthcare standards, economic conditions, and regulatory environments across various countries.
NextGen Healthcare Ecosystem, Partners, Resellers and SI
NextGen Healthcare has established a robust ecosystem through strategic partnerships that includes Technology Partners, Solution Partners, and Mirth Partners, collaborating to enhance its healthcare solutions.
In October 2024, NextGen Healthcare, a provider of healthcare technology solutions, and OSIS, a non-profit technology services organization, announced an enhanced strategic partnership aimed at helping Federally Qualified Health Centers (FQHCs) and Community Health Centers (CHCs) optimize technology to improve patient outcomes and ensure government compliance.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
