OverviewSuggest Edit

NextGen Healthcare (formerly known as Quality Systems) is a provider of software, services, and analytics solutions to medical and dental group practices. The Company offers electronic health record (EHR) and practice management (PM) solutions that support the foundational clinical and financial activities of ambulatory practices. It serves the ambulatory care market, including physician-hospital organizations, management service organizations, independent physician associations, accountable care organizations, ambulatory care centers, and community health centers.
TypePublic
Founded1974
HQIrvine, US
Websitenextgen.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Mar 2019)2,660(-6%)
Job Openings77
Revenue (FY, 2019)$529.2 M
Share Price (Oct 2019)$15.9

Key People/Management at NextGen Healthcare

Rusty Frantz

Rusty Frantz

President and Chief Executive Officer
David Metcalfe

David Metcalfe

Chief Technology Officer and Executive Vice President
John S. Beck

John S. Beck

Chief Solutions Officer and Executive Vice President
Donna Greene

Donna Greene

Executive Vice President of Human Resources
Jeffrey Linton

Jeffrey Linton

Executive Vice President, General Counsel, and Secretary
Betty Rabinowitz

Betty Rabinowitz

Chief Medical Officer
Show more

NextGen Healthcare Office Locations

NextGen Healthcare has offices in Irvine, Atlanta, Brentwood, Cockeysville and in 7 other locations
Irvine, US (HQ)
18111 Von Karman Ave
Atlanta, US
3525 Piedmont Rd NE #700
Brentwood, US
211 Franklin Rd #250
Cockeysville, US
11350 McCormick Rd, Hunt Valley
Fairport, US
345 Woodcliff Dr 1st Floor, Suite 1A
Horsham, US
795 Horsham Rd
Show all (11)

NextGen Healthcare Financials and Metrics

NextGen Healthcare Revenue

NextGen Healthcare's revenue was reported to be $529.17 m in FY, 2019
USD

Revenue (Q1, 2020)

131.9m

Gross profit (Q1, 2020)

66.6m

Gross profit margin (Q1, 2020), %

50.5%

Net income (Q1, 2020)

1.2m

EBIT (Q1, 2020)

1.4m

Market capitalization (22-Oct-2019)

1.0b

Closing stock price (22-Oct-2019)

15.9

Cash (30-Jun-2019)

28.6m

EV

1.0b
NextGen Healthcare's current market capitalization is $1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

444.7m492.5m509.6m531.0m529.2m

Revenue growth, %

3%

Cost of goods sold

220.2m225.6m223.1m241.5m246.7m

Gross profit

224.5m266.9m286.5m289.5m282.5m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

103.1m119.0m27.2m37.7m28.8m33.1m

Accounts Receivable

110.2m107.7m94.0m83.4m85.0m87.5m

Inventories

834.0k622.0k555.0k158.0k180.0k120.0k

Current Assets

260.4m280.1m184.0m146.8m141.7m159.9m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

15.7m27.3m5.7m18.2m2.4m24.5m

Depreciation and Amortization

8.1m9.3m8.8m(10.1m)10.5m10.3m

Inventories

(81.0k)187.0k17.0k(21.0k)(73.0k)70.0k

Accounts Payable

(4.2m)1.3m(271.0k)(6.6m)(1.2m)1.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

23.1m10.5m5.2m9.9m16.6m6.4m14.7m22.0m(647.0k)3.3m13.8m3.9m11.9m13.5m2.6m15.7m20.6m1.2m

Depreciation and Amortization

3.8m5.9m2.1m4.4m6.8m2.3m4.4m6.6m2.6m5.1m(7.6m)(2.8m)5.4m8.0m2.4m5.0m7.7m2.1m

Inventories

(242.0k)(174.0k)70.0k27.0k98.0k(82.0k)(119.0k)(160.0k)(5.0k)(22.0k)(66.0k)38.0k(25.0k)(51.0k)9.0k16.0k43.0k48.0k

Accounts Payable

(2.8m)(6.8m)955.0k774.0k(1.1m)887.0k699.0k6.0k(7.0m)(5.8m)(6.0m)(841.0k)1.3m(2.4m)(1.2m)1.8m(783.0k)416.0k
USDY, 2019

EV/EBIT

721.6 x

EV/CFO

59 x

Financial Leverage

1.5 x
Show all financial metrics

NextGen Healthcare Online and Social Media Presence

Embed Graph

NextGen Healthcare Blogs

NextGen Healthcare Simplifies Provider Practice Workflow with Pre-service Solutions

NextGen Healthcare Simplifies Provider Practice Workflow with Pre-service Solutions Content Import Mon, 02/11/2019 - 09:03 NextGen Healthcare Simplifies Provider Practice Workflow with Pre-service Solutions February 11, 2019 at 9:00 AM EST This release is a ba…

NextGen Healthcare Shines as #1 Practice Management Solution (11-75 Physicians) in 2019 Best in KLAS Report

NextGen Healthcare Shines as #1 Practice Management Solution (11-75 Physicians) in 2019 Best in KLAS Report Content Import Thu, 01/31/2019 - 09:04 NextGen Healthcare Shines as #1 Practice Management Solution (11-75 Physicians) in 2019 Best in KLAS Report January 31, 2019 at …

NextGen Healthcare, Inc. Reports Fiscal 2019 Third Quarter Results

NextGen Healthcare, Inc. Reports Fiscal 2019 Third Quarter Results Content Import Wed, 01/23/2019 - 16:22 NextGen Healthcare, Inc. Reports Fiscal 2019 Third Quarter Results January 23, 2019 at 4:16 PM EST This release is a backfill from a News Wire …

NextGen Healthcare, Inc. to Host Fiscal 2019 Third Quarter Results Conference Call

NextGen Healthcare, Inc. to Host Fiscal 2019 Third Quarter Results Conference Call Content Import Wed, 01/16/2019 - 10:03 NextGen Healthcare, Inc. to Host Fiscal 2019 Third Quarter Results Conference Call January 16, 2019 at 10:00 AM EST This release is a back…

NextGen Healthcare Announces EHR-Agnostic Gaps in Care Capability

NextGen Healthcare Announces EHR-Agnostic Gaps in Care Capability Content Import Thu, 01/03/2019 - 08:18 NextGen Healthcare Announces EHR-Agnostic Gaps in Care Capability January 3, 2019 at 8:15 AM EST This release is a backfill from a News Wire …

NextGen Healthcare Launches Cloud-based Data Aggregation Platform, Health Data Hub

Healthcare technology leader advances national interoperability IRVINE, Calif. --(BUSINESS WIRE)--Dec. 17, 2018-- NextGen Healthcare, Inc. (NASDAQ:NXGN), the leading provider of ambulatory-only healthcare technology solutions, announces the launch of NextGen® Health Data Hub™, a cloud-based Health
Show more

NextGen Healthcare Frequently Asked Questions

  • When was NextGen Healthcare founded?

    NextGen Healthcare was founded in 1974.

  • Who are NextGen Healthcare key executives?

    NextGen Healthcare's key executives are Rusty Frantz, David Metcalfe and John S. Beck.

  • How many employees does NextGen Healthcare have?

    NextGen Healthcare has 2,660 employees.

  • What is NextGen Healthcare revenue?

    Latest NextGen Healthcare annual revenue is $529.2 m.

  • What is NextGen Healthcare revenue per employee?

    Latest NextGen Healthcare revenue per employee is $198.9 k.

  • Who are NextGen Healthcare competitors?

    Competitors of NextGen Healthcare include eClinicalWorks, DocuTAP and Allscripts.

  • Where is NextGen Healthcare headquarters?

    NextGen Healthcare headquarters is located at 18111 Von Karman Ave, Irvine.

  • Where are NextGen Healthcare offices?

    NextGen Healthcare has offices in Irvine, Atlanta, Brentwood, Cockeysville and in 7 other locations.

  • How many offices does NextGen Healthcare have?

    NextGen Healthcare has 11 offices.