NextGen Healthcare Strengths, Domain Expertise, and Key Differentiators
In 2018, QSII became NextGen Healthcare. With over 2660 employees, NextGen provides EHR applications to the ambulatory and patient healthcare markets. With its acquisitions, it has expanded in all areas of medical software.
NextGen Healthcare Software-as-a-Service (SaaS) EHR is a subscription model of NextGen Ambulatory EHR and NextGen Practice Management solutions. NextGen Ambulatory SaaS EHR includes Built-in clinical content and workflow for 25 specialties, e-Prescribing via Surescripts, Patient education literature, NextGen Patient Portal, and Medication management with pre-loaded drug and allergy data from First Data Bank and formulary checking.
NextGen and its sister company Mirth are opening up its first statewide behavioral health information exchange - Behavioral Health Information Network of Arizona (BHINAZ), which enables Arizona’s behavioral healthcare providers to access vital healthcare information at the point of care.
NextGen Healthcare Recent Developments
In May 2020, NextGen Healthcare, Inc. a provider of ambulatory-focused technology solutions, released NextGen Advisors, a multidisciplinary team of healthcare and regulatory experts who offer strategic guidance and insights for ambulatory care providers across the United States. NextGen Advisors are dedicated to guiding healthcare providers through the many changes within the industry and ultimately improving patient outcomes.
In June 2019 NextGen launched NextGen Behavioral Health Suite. The comprehensive solution gives providers access to a single, integrated physical, and behavioral health record to treat the whole patient. NextGen Behavioral Health Suite is ideal for physician practices, community health clinics, behavioral health centers, and public health departments that offer targeted case management, crisis intervention, residential substance use disorder (SUD) services, psychiatric rehabilitation, CCBHC support, and more. The suite enables the easy exchange of data across the care continuum and mobile access allowing clinicians to provide informed care outside of a clinic or office setting.
In 2018, Nextgen signed an agreement with Amazon and began migrating its hosted clients to an Amazon Web Services hosted solution.
NextGen Healthcare Mergers and Acquisitions (M&A) Activities
In November 2019 NextGen Healthcare acquired Medfusion a patient experience platform leader. The proposed acquisition is expected to close in early December 2019, subject to the satisfaction of closing conditions, including the transfer of Medfusion’s data services business out of Medfusion. The total purchase price of $43 million, subject to customary adjustments, will be paid in cash at acquisition completion.
Medfusion Patient Experience Platform enables key aspects of patient-provider interactions. It includes a modern portal with an attractive, easy-to-use interface designed to run on any device. The platform includes powerful capabilities for patient intake, patient scheduling, and patient payment capabilities and is used by more than 16 million patients today.
Quality Systems Inc. (now Nextgen) acquired HealthFusion Holdings, (HealthFusion) for $165 million, plus potential additional contingent consideration of up to $25 million. Based in San Diego, California, HealthFusion is a privately-held developer of web-based, cloud computing software for physicians, hospitals, and medical billing services.
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, NextGen Office customers.
NextGen Healthcare Overview
Ownership: - NASDAQ : NXGN
Number of Employees: 2600
Key Verticals: Healthcare,
NextGen Healthcare Key Enterprise and Cloud Applications
NextGen Enterprise, NextGen Office
NextGen Healthcare Revenues, $M:
|Type/Year||2020||2021||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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
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||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
NextGen Healthcare Direct vs Indirect sales
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NextGen Healthcare Customers - Breakdown by Geo, Size, Vertical and Product
No. of NextGen Healthcare Customers: 10000
No. of NextGen Healthcare Enterprise Applications Customers: 10000
No. of NextGen Healthcare Cloud Customers: x
No. of NextGen Healthcare Cloud Subscribers: x
NextGen Healthcare has more than 10,000 clients and 155,000 providers as customers. NextGen Healthcare 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
In March 2020, the NextGen Patient Experience Platform was made available. Through the recent acquisition and integration of Medfusion and OTTO Health, NextGen Healthcare now provides next-generation patient access and engagement capabilities as a natural extension of NextGen Enterprise, the company’s award-winning Electronic Health Records (EHR) and Practice Management solution.
In November 2018, NextGen Healthcare introduced the availability of Quality/Cost Fusion, a new Population Health analytics capability that enables healthcare organizations to measure the true value of care delivered to their patients.
In October 2018, NextGen Healthcare made a partnership with telehealth vendor OTTO Health to bring virtual visit capability to NextGen Enterprise clients.
In May 2018, NextGen Healthcare along with its flagship ambulatory product, NextGen Enterprise EHR, has been validated as a live implementer of the Carequality Framework, enabling the exchange and request of medical records with more than 10,000 participating organizations representing 600,000 providers nation-wide.
NextGen Healthcare Risks and Challenges
NextGen Healthcare’s ability to compete with Athenahealth in the Cloud-based EHR market could help define its future, or that of its owner QSII, which remains heavily involved in on-premise implementation. Transition in the cloud is a work in progress.
In October 2015, Quality Systems (now Nextgen) sold the Hospital Solutions Division of its NextGen Healthcare subsidiary to QuadraMed Affinity Corporation, which is part of the Harris Operating Group of Constellation Software.
NextGen Healthcare Ecosystem, Partners, Resellers and SI
In January 2020 NextGen entered into an exclusive partnership with Doctible, a platform that enables healthcare providers to receive real-time feedback from patients while automating back-office tasks. Doctible is an add-on platform that seamlessly integrates with the NextGen Office cloud-based Electronic Health Record (EHR) and Practice Management (PM) system to help small practices stimulate loyalty and support growth. Doctible enables practices to retain patients and grow through its comprehensive communications suite. The suite helps practices boost their online reputation and leverage HIPAA compliant texting for more efficient communication. Doctible also provides fully-customizable appointment reminders to prevent no-shows and bring the practice into the modern era.
NextGen Healthcare does most of its sales via the direct sales force, but it also uses a small number of resellers.
NextGen Healthcare business Partners are Dell, 3M, Aviacode, Cardiac Science, Citrix Systems, Clearwave, Conversion Technologies International, DataFile Technologies, DISC Corporation, Diversified Information Technologies, Document Imaging Technologies, Entrada, First Databank, Fujitsu Computer Products of America, GFI Software, Harmony Healthcare IT, Healthwise, Inc., HP, IBM, IMO, Intel, IntrinsiQ, Isabel Healthcare, j2 Global, Inc., LifeSigns, LLC, MDabstract, M.I.S.T., Microsoft, Midmark, NexSched, Nuance Healthcare, OTech Group LLC, Phreesia, Pioneer Records Management, Inc., Primetime Medical Software, RemitDATA, Inc., RemoteScan Corporation, RxVantage, ScImage, Inc., SIS NW, SureScripts and Welch Allyn, Inc.
NextGen Healthcare Cloud Infrastructure Insights
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- NextGen Healthcare Public Cloud and Infrastructure (IaaS)
- NextGen Healthcare Platform (PaaS)
- NextGen Healthcare Application Delivery
- NextGen Healthcare Private Cloud and Data Centers
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).
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