Segment & Geographic Data
Quant-Grade Normalized (live API)
API & CSV Delivery
Nextgen Healthcare Inc's Business Segments
Nextgen Healthcare Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 176
Regions Reported
-
Nextgen Healthcare Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Recurring Revenue91.9%
- Subscription Services28.6%
- Transactional and Data Services21.9%
- Support and Maintenance21.4%
- Managed Services20%
- Software, hardware, and other non-recurring8.6%
- Other Non-recurring Services5.5%
- Software License and Hardware3.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Recurring Revenue | $ 161 | 91.9% |
| Subscription Services | $ 50 | 28.6% |
| Transactional and Data Services | $ 38 | 21.9% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
5 more categories available
Sign in to unlock the full Nextgen Healthcare Inc dataset.
Description of Nextgen Healthcare Inc
Nextgen Healthcare Inc is a leading provider of healthcare information technology (IT) solutions for ambulatory, inpatient, and dental markets. The company was founded in 1974 and has its headquarters in Irvine, California, United States.
Nextgen Healthcare's comprehensive suite of software and services includes electronic health records (EHRs), revenue cycle management (RCM) solutions, population health management tools, practice management systems, and patient engagement tools. These solutions are designed to help healthcare providers improve patient care, reduce costs, and streamline their operations.
Nextgen Healthcare's EHRs are designed to support a wide range of medical specialties and are built on a modular architecture that allows providers to select the components that meet their unique needs. The company's RCM solutions help providers optimize their revenue cycle by streamlining billing, coding, and collections processes.
Nextgen Healthcare's population health management tools provide healthcare providers with data analytics and reporting capabilities to help them identify areas of improvement in patient care and reduce costs. The company's practice management systems are designed to streamline administrative tasks and help providers manage patient records, appointments, and billing.
Nextgen Healthcare also provides patient engagement tools such as patient portals and mobile apps that enable patients to access their health records, communicate with their healthcare providers, and manage their health from the comfort of their homes.
Nextgen Healthcare has a large customer base that includes over 150,000 healthcare providers in the United States, United Kingdom, Canada, and Australia. The company has also established partnerships with leading healthcare organizations and technology vendors to enhance its solutions and provide better value to its customers.
Overall, Nextgen Healthcare is a well-respected provider of healthcare information technology solutions that is committed to delivering innovative and comprehensive solutions to healthcare providers worldwide.
Nextgen Healthcare's comprehensive suite of software and services includes electronic health records (EHRs), revenue cycle management (RCM) solutions, population health management tools, practice management systems, and patient engagement tools. These solutions are designed to help healthcare providers improve patient care, reduce costs, and streamline their operations.
Nextgen Healthcare's EHRs are designed to support a wide range of medical specialties and are built on a modular architecture that allows providers to select the components that meet their unique needs. The company's RCM solutions help providers optimize their revenue cycle by streamlining billing, coding, and collections processes.
Nextgen Healthcare's population health management tools provide healthcare providers with data analytics and reporting capabilities to help them identify areas of improvement in patient care and reduce costs. The company's practice management systems are designed to streamline administrative tasks and help providers manage patient records, appointments, and billing.
Nextgen Healthcare also provides patient engagement tools such as patient portals and mobile apps that enable patients to access their health records, communicate with their healthcare providers, and manage their health from the comfort of their homes.
Nextgen Healthcare has a large customer base that includes over 150,000 healthcare providers in the United States, United Kingdom, Canada, and Australia. The company has also established partnerships with leading healthcare organizations and technology vendors to enhance its solutions and provide better value to its customers.
Overall, Nextgen Healthcare is a well-respected provider of healthcare information technology solutions that is committed to delivering innovative and comprehensive solutions to healthcare providers worldwide.
NextGen Healthcare Inc. Overview
NextGen Healthcare Inc. is a leading provider of healthcare technology solutions, specifically focused on creating integrated applications to meet the needs of healthcare professionals. The company targets different aspects of healthcare practice management, including clinical management, administrative processes, and financial operations.
Segments
1. Ambulatory Solutions
- NextGen’s Ambulatory Solutions aim to equip healthcare professionals with a comprehensive suite of interconnected applications that facilitate the management of clinical, financial, and administrative tasks. This segment encompasses several key components:
- Electronic Health Records (EHR): A robust platform that enables clinicians to document patient interactions, take notes, and ensure data accessibility across devices and providers.
- Practice Management (PM): Tools designed to streamline daily operations including appointment scheduling, billing, and reporting.
- Revenue Cycle Management (RCM): An integrated system to manage the entire revenue cycle effectively, thus enhancing financial health.
- Patient Engagement (PE): A suite of tools focused on improving patient interactions and involvement in their own healthcare.
2. Population Health Management (PHM)
- NextGen’s PHM solutions focus on the holistic management of patient populations. The goals are to enhance health outcomes while decreasing costs. The offerings under this category include:
- Analytics: Tools for analyzing health data to identify trends and optimize care strategies.
- Care Coordination: Solutions for facilitating communication between healthcare providers and ensuring a collaborative approach to patient care.
- Patient Portal: A digital interface for patients to access their health information, scheduled appointments, and educational resources.
- Provider Portal: A secure hub for healthcare providers to get real-time data, manage their patient interactions, and maintain clinical documentation.
Products
1. NextGen Enterprise EHR
- This Electronic Health Record solution offers a user-friendly interface tailored to the unique requirements of ambulatory practices. It includes features such as:
- Comprehensive data capture and sharing capabilities.
- Innovative tools to assist with clinical decision-making.
- Advanced analytics to help track and improve patient care metrics.
2. NextGen Practice Management
- This product focuses on automating routine administrative tasks. Key features include:
- Automated eligibility verification to ensure that patients are covered for services.
- Efficient patient billing processes to streamline revenue collection.
- Extensive reporting tools that allow practices to assess performance metrics and identify improvement areas.
3. NextGen Revenue Cycle Management
- NextGen’s RCM product is designed to maximize revenue through effective claims management. Features consist of:
- Managing denial resolutions with better tracking systems.
- End-to-end monitoring of the revenue cycle from patient registration through payment posting.
- Utilizing analytics to enhance the accuracy of billing processes and decrease write-offs.
4. NextGen Patient Engagement
- The Patient Engagement solution fosters proactive patient interactions through:
- Secure patient portals allowing easy access to personal health records.
- Tools for outreach, including email reminders and appointment notifications.
- Interactive educational resources to empower patients in their health management.
Services
1. Training and Implementation
- NextGen provides comprehensive training and implementation services to facilitate quick adoption of its solutions. This includes:
- Tailored training sessions for staff covering all functional aspects of the software.
- Support during installation and configuration to ensure optimal setup.
2. Support and Maintenance
- Ongoing support services are critical for maintaining system functionality. NextGen offers:
- Access to a dedicated support team for troubleshooting and technical assistance.
- Regular maintenance and updates to keep the software compliant with healthcare regulations.
3. Consulting Services
- NextGen’s consulting services are designed to help healthcare practices enhance their operational efficiency and financial performance through:
- Focused guidance on improving revenue cycle management.
- Strategies for enhancing clinical efficiency and patient throughput.
- Support in devising tailored patient engagement approaches.
4. Integration and Interoperability
- NextGen emphasizes the importance of seamless interoperability with other systems. They provide:
- Solutions that enable integration with existing third-party applications.
- Consultation services to help practices fully leverage their technological investments and streamline workflows.
Conclusion
NextGen Healthcare Inc. is dedicated to improving healthcare delivery through its extensive range of interconnected solutions. By focusing on ambulatory care, population health management, and providing consulting services, they aim to facilitate better patient outcomes and more efficient practice operations. Their commitment to continuous support, training, and system integration solidifies their position as a provider of advanced healthcare technology solutions.
NextGen Healthcare Inc. is a leading provider of healthcare technology solutions, specifically focused on creating integrated applications to meet the needs of healthcare professionals. The company targets different aspects of healthcare practice management, including clinical management, administrative processes, and financial operations.
Segments
1. Ambulatory Solutions
- NextGen’s Ambulatory Solutions aim to equip healthcare professionals with a comprehensive suite of interconnected applications that facilitate the management of clinical, financial, and administrative tasks. This segment encompasses several key components:
- Electronic Health Records (EHR): A robust platform that enables clinicians to document patient interactions, take notes, and ensure data accessibility across devices and providers.
- Practice Management (PM): Tools designed to streamline daily operations including appointment scheduling, billing, and reporting.
- Revenue Cycle Management (RCM): An integrated system to manage the entire revenue cycle effectively, thus enhancing financial health.
- Patient Engagement (PE): A suite of tools focused on improving patient interactions and involvement in their own healthcare.
2. Population Health Management (PHM)
- NextGen’s PHM solutions focus on the holistic management of patient populations. The goals are to enhance health outcomes while decreasing costs. The offerings under this category include:
- Analytics: Tools for analyzing health data to identify trends and optimize care strategies.
- Care Coordination: Solutions for facilitating communication between healthcare providers and ensuring a collaborative approach to patient care.
- Patient Portal: A digital interface for patients to access their health information, scheduled appointments, and educational resources.
- Provider Portal: A secure hub for healthcare providers to get real-time data, manage their patient interactions, and maintain clinical documentation.
Products
1. NextGen Enterprise EHR
- This Electronic Health Record solution offers a user-friendly interface tailored to the unique requirements of ambulatory practices. It includes features such as:
- Comprehensive data capture and sharing capabilities.
- Innovative tools to assist with clinical decision-making.
- Advanced analytics to help track and improve patient care metrics.
2. NextGen Practice Management
- This product focuses on automating routine administrative tasks. Key features include:
- Automated eligibility verification to ensure that patients are covered for services.
- Efficient patient billing processes to streamline revenue collection.
- Extensive reporting tools that allow practices to assess performance metrics and identify improvement areas.
3. NextGen Revenue Cycle Management
- NextGen’s RCM product is designed to maximize revenue through effective claims management. Features consist of:
- Managing denial resolutions with better tracking systems.
- End-to-end monitoring of the revenue cycle from patient registration through payment posting.
- Utilizing analytics to enhance the accuracy of billing processes and decrease write-offs.
4. NextGen Patient Engagement
- The Patient Engagement solution fosters proactive patient interactions through:
- Secure patient portals allowing easy access to personal health records.
- Tools for outreach, including email reminders and appointment notifications.
- Interactive educational resources to empower patients in their health management.
Services
1. Training and Implementation
- NextGen provides comprehensive training and implementation services to facilitate quick adoption of its solutions. This includes:
- Tailored training sessions for staff covering all functional aspects of the software.
- Support during installation and configuration to ensure optimal setup.
2. Support and Maintenance
- Ongoing support services are critical for maintaining system functionality. NextGen offers:
- Access to a dedicated support team for troubleshooting and technical assistance.
- Regular maintenance and updates to keep the software compliant with healthcare regulations.
3. Consulting Services
- NextGen’s consulting services are designed to help healthcare practices enhance their operational efficiency and financial performance through:
- Focused guidance on improving revenue cycle management.
- Strategies for enhancing clinical efficiency and patient throughput.
- Support in devising tailored patient engagement approaches.
4. Integration and Interoperability
- NextGen emphasizes the importance of seamless interoperability with other systems. They provide:
- Solutions that enable integration with existing third-party applications.
- Consultation services to help practices fully leverage their technological investments and streamline workflows.
Conclusion
NextGen Healthcare Inc. is dedicated to improving healthcare delivery through its extensive range of interconnected solutions. By focusing on ambulatory care, population health management, and providing consulting services, they aim to facilitate better patient outcomes and more efficient practice operations. Their commitment to continuous support, training, and system integration solidifies their position as a provider of advanced healthcare technology solutions.