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MarketScreener Homepage  >  Equities  >  Nasdaq  >  NextGen Healthcare, Inc.    NXGN

NEXTGEN HEALTHCARE, INC.

(NXGN)
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NextGen Healthcare : Arizona Health Information Exchange Launches NextGen Healthcare Health Data Hub to Improve the Physician Experience and Enhance Patient Care

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02/25/2020 | 08:02am EDT

Visionary Health Current is the first HIE to leverage the data EHR-agnostic solution

NextGen Healthcare, Inc. (NASDAQ:NXGN), a leading provider of ambulatory-focused technology solutions, today announced that Health Current—Arizona’s statewide Health Information Exchange (HIE)—will leverage NextGen Healthcare Health Data Hub™ (HDH). HDH is a cloud-based HIE platform that supports the sharing and aggregation of patient health data at the point of care, regardless of Electronic Health Record (EHR). This groundbreaking technology meets the interoperability and seamless information sharing needs of healthcare networks.

A recent addition to NextGen® Healthcare’s Connected Health offerings, HDH joins a suite of innovative health information technology solutions designed to optimize data aggregation and provide users with relevant patient data from across the continuum of care. NextGen Healthcare’s HDH provides customized solutions giving users the opportunity to create, manage and optimize their workflow.

“Participation in the Arizona HIE has grown ten-fold since 2015. To keep up with demand, it was critical that we transition to a more robust platform—that’s why we partnered with NextGen Healthcare,” said Health Current CEO Melissa Kotrys. “The HDH solution promises to meet the increasing interoperability needs of our community and deliver an improved user experience for our participants going forward.”

Health Current selected the NextGen Healthcare HDH solution for its valuable features, including:

  • Clinical content management– Full support of clinical data types used by healthcare providers and systems
  • API – An API-first design enabling complete data access and enhanced system integration points
  • User portal – A user-accessible front-end for displaying and managing patient data
  • Consent and data protection– Secure patient data management for sharing and accessing permissions
  • AWS cloud hosting – A fully-managed, continuously delivered solution hosted by Amazon Web Services (AWS)

In an initial rollout to select clients, Health Current has identified additional potential improvement in its current platform based on the HDH promise, including:

  • More extensive patient and clinical searches
  • Improved system performance
  • Improved scalability
  • EHR interoperability
  • Improved data management reliability
  • Improved data security and protection
  • Improved reporting

“We are proud to partner with Health Current in its efforts to prove that HIEs can not only operate a platform cost-effectively at scale, but also use that same platform as the foundation for innovation,” said John S. Beck, Chief Solutions Officer and Executive Vice President for NextGen Healthcare. “The flexibility of the HDH platform enables HIEs such as Health Current to deliver meaningful interoperability among diverse constituents, thereby improving the speed, quality, safety and cost of patient care.”

About NextGen Healthcare, Inc.

We empower the transformation of ambulatory care—partnering with medical, behavioral and dental providers in their journey to value-based care to make healthcare better for everyone. We go beyond EHR and PM. Our integrated solutions help increase clinical productivity, enrich the patient experience, and ensure healthy financial outcomes. We believe in better. Learn more at nextgen.com, and follow us on Facebook, Twitter, LinkedIn and Instagram.

About Health Current

Health Current is the health information exchange (HIE) that helps partners transform care by bringing together communities and information across Arizona. More complete information leads to better care and better outcomes. It makes healthcare transformation possible. Since 2007, Health Current has worked to become Arizona’s primary resource for information technology and exchange, integrating information with the delivery of care to improve the health and wellbeing of individuals and communities. Health Current: a partner that gives providers the information they need to make better clinical decisions and keep people healthy. Learn more at healthcurrent.org, and follow us on Twitter and LinkedIn.


© Business Wire 2020
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Financials (USD)
Sales 2021 540 M - -
Net income 2021 6,17 M - -
Net cash 2021 94,0 M - -
P/E ratio 2021 130x
Yield 2021 -
Capitalization 815 M 815 M -
EV / Sales 2021 1,34x
EV / Sales 2022 1,23x
Nbr of Employees 2 754
Free-Float 81,2%
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Mean consensus HOLD
Number of Analysts 14
Average target price 14,25 $
Last Close Price 12,23 $
Spread / Highest target 88,1%
Spread / Average Target 16,5%
Spread / Lowest Target -1,88%
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NameTitle
John Rusty Frantz President, Chief Executive Officer & Director
Jeffrey H. Margolis Chairman
James R. Arnold Chief Financial Officer & Executive Vice President
David A. Metcalfe Chief Technology Officer & Executive VP
Betty Rabinowitz Chief Medical Officer
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