NextGen Healthcare, Inc. recently announced the availability of NextGen Patient Experience Platform. This newly available platform is likely to enable high-quality healthcare apart from driving patient engagement and outcomes.
Notably, the platform will bolster NextGen’s presence in the global healthcare information technology (HCIT) space.
It is important to note here that riding on the buyout and integration of Medfusion and OTTO Health, NextGen has the ability to offer next generation patient access and engagement capabilities as an extension of NextGen Enterprise. This is one of the company’s electronic health record (EHR) solutions that cater to demands like Merit-Based Incentive Payment System (MIPS) requirements, population health needs, and other value-based care initiatives.
Benefits of the Platform
The platform has been created to modernize and boost the efficiency of routine interactions between providers and patients. Apart from this, the platform has the capability to give assistance to healthcare practices when it comes to dealing with the escalating coronavirus crisis.
This platform will enable NextGen to offer innovative products and services, including high-fidelity virtual visit functionality, which ultimately is likely to improve patient engagement and outcomes.
Market Prospects
Per a report by MarketsandMarkets forecasts the global HCIT market to reach a worth of $392 billion by 2024, driven by significant development with the introduction of healthcare reforms in developed and developing nations.
Consequently, the availability of this platform has been a well-timed one for NextGen.
Demand for NextGen Solutions
NextGen will continue to benefit from strong demand for its other NextGen solutions that include Hospitals, EHR and practice management. NextGen’s Inpatient Clinicals, Lab and Patient Portal EHR solutions have also been gaining considerable traction.
Price Performance
The Zacks Rank #3 (Hold) stock has lost 64.1%, compared with the industry's 20.3% decline in a year’s time.
Key Picks
Some better-ranked stocks from the broader medical space include Accuray Incorporated (ARAY - Free Report) , West Pharmaceutical Services, Inc. (WST - Free Report) and The Cooper Companies, Inc. (COO - Free Report) , each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Accuray has an expected earnings growth rate of 200% for third-quarter fiscal 2020.
West Pharmaceutical has an estimated earnings growth rate of 3.4% for first-quarter 2020.
Cooper Companies has a projected long-term earnings growth rate of 10.8%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
NextGen Healthcare, Inc. recently announced the availability of NextGen Patient Experience Platform. This newly available platform is likely to enable high-quality healthcare apart from driving patient engagement and outcomes.
Notably, the platform will bolster NextGen’s presence in the global healthcare information technology (HCIT) space.
It is important to note here that riding on the buyout and integration of Medfusion and OTTO Health, NextGen has the ability to offer next generation patient access and engagement capabilities as an extension of NextGen Enterprise. This is one of the company’s electronic health record (EHR) solutions that cater to demands like Merit-Based Incentive Payment System (MIPS) requirements, population health needs, and other value-based care initiatives.
Benefits of the Platform
The platform has been created to modernize and boost the efficiency of routine interactions between providers and patients. Apart from this, the platform has the capability to give assistance to healthcare practices when it comes to dealing with the escalating coronavirus crisis.
This platform will enable NextGen to offer innovative products and services, including high-fidelity virtual visit functionality, which ultimately is likely to improve patient engagement and outcomes.
Market Prospects
Per a report by MarketsandMarkets forecasts the global HCIT market to reach a worth of $392 billion by 2024, driven by significant development with the introduction of healthcare reforms in developed and developing nations.
Consequently, the availability of this platform has been a well-timed one for NextGen.
Demand for NextGen Solutions
NextGen will continue to benefit from strong demand for its other NextGen solutions that include Hospitals, EHR and practice management. NextGen’s Inpatient Clinicals, Lab and Patient Portal EHR solutions have also been gaining considerable traction.
Price Performance
The Zacks Rank #3 (Hold) stock has lost 64.1%, compared with the industry's 20.3% decline in a year’s time.
Key Picks
Some better-ranked stocks from the broader medical space include Accuray Incorporated (ARAY - Free Report) , West Pharmaceutical Services, Inc. (WST - Free Report) and The Cooper Companies, Inc. (COO - Free Report) , each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Accuray has an expected earnings growth rate of 200% for third-quarter fiscal 2020.
West Pharmaceutical has an estimated earnings growth rate of 3.4% for first-quarter 2020.
Cooper Companies has a projected long-term earnings growth rate of 10.8%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on ARAY - FREE
Get the latest research report on COO - FREE
Get the latest research report on WST - FREE