We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
NextGen (NXGN) Reinforces Its Robust Solutions Portfolio
Read MoreHide Full Article
NextGen Healthcare, Inc. recently announced that its client — Bridges Health Partners LLC — has managed to boost quality of patient care and attain value-based care financial goals throughout its wide network of 1,100 physicians with the aid of NextGen Population Health. Additionally, Bridges Health has exceeded its savings objectives (nearly $20 million) for two consecutive years.
Notably, NextGen Population Health helps in collection of patient data from multiple sources, which include paid claims and powerful analytics, thereby driving significant actionable insights throughout clinical, financial and administrative data regardless of the electronic health record (EHR) platform.
This announcement is likely to provide a boost to NextGen’s robust solutions portfolio.
More on the News
NextGen Population Health boosts quality and financial outcomes through streamlined integration of insights into the provider workflow, identification of gaps in care, risk scores, and other actionable information on the basis of multi-sourced data. This helps providers and care teams to detect and interact efficiently with at-risk patients, assign care management resources and ultimately bolster the quality and coordination of patient care.
On the back of NextGen Population Health tools and care redesign, Bridges Health managed to deliver a patient-centric approach to achieve its objective of high-quality, high-value healthcare.
Market Prospects
Per a report by MarketsandMarkets, the global population health management market is anticipated to be worth $39.4 billion by 2025, witnessing a CAGR of 11.5% during the forecast period (2020-2025). Government mandates, rise in utilization of big data analytics, support for healthcare IT solutions and the need to curb growing healthcare costs are the key factors driving the market.
Recent Development
In November, NextGen announced that NextGen Enterprise has been chosen by Orthopaedic & Sports Medicine Center (OSMC) as its core electronic health record (EHR) and practice management (PM) solution. Notably, OSMC is a premier orthopedic center in the northeast region of Kansas. Being a fully integrated, single database platform, NextGen Enterprise with Orthopedic Suite provides intuitive clinical workflows created for complicated orthopedic organizations, which offer patients a consolidated, non-surgical and rehabilitation experience.
Price Performance
Shares of this Zacks Rank #3 (Hold) company have gained 10.1% on a year-to-date basis, compared with the industry’s rally of 24.6%.
Merit Medical has a projected long-term earnings growth rate of 12.6%.
Align Technology has an estimated long-term earnings growth rate of 18.3%.
Thermo Fisher has a projected long-term earnings growth rate of 18%.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
NextGen (NXGN) Reinforces Its Robust Solutions Portfolio
NextGen Healthcare, Inc. recently announced that its client — Bridges Health Partners LLC — has managed to boost quality of patient care and attain value-based care financial goals throughout its wide network of 1,100 physicians with the aid of NextGen Population Health. Additionally, Bridges Health has exceeded its savings objectives (nearly $20 million) for two consecutive years.
Notably, NextGen Population Health helps in collection of patient data from multiple sources, which include paid claims and powerful analytics, thereby driving significant actionable insights throughout clinical, financial and administrative data regardless of the electronic health record (EHR) platform.
This announcement is likely to provide a boost to NextGen’s robust solutions portfolio.
More on the News
NextGen Population Health boosts quality and financial outcomes through streamlined integration of insights into the provider workflow, identification of gaps in care, risk scores, and other actionable information on the basis of multi-sourced data. This helps providers and care teams to detect and interact efficiently with at-risk patients, assign care management resources and ultimately bolster the quality and coordination of patient care.
On the back of NextGen Population Health tools and care redesign, Bridges Health managed to deliver a patient-centric approach to achieve its objective of high-quality, high-value healthcare.
Market Prospects
Per a report by MarketsandMarkets, the global population health management market is anticipated to be worth $39.4 billion by 2025, witnessing a CAGR of 11.5% during the forecast period (2020-2025). Government mandates, rise in utilization of big data analytics, support for healthcare IT solutions and the need to curb growing healthcare costs are the key factors driving the market.
Recent Development
In November, NextGen announced that NextGen Enterprise has been chosen by Orthopaedic & Sports Medicine Center (OSMC) as its core electronic health record (EHR) and practice management (PM) solution. Notably, OSMC is a premier orthopedic center in the northeast region of Kansas. Being a fully integrated, single database platform, NextGen Enterprise with Orthopedic Suite provides intuitive clinical workflows created for complicated orthopedic organizations, which offer patients a consolidated, non-surgical and rehabilitation experience.
Price Performance
Shares of this Zacks Rank #3 (Hold) company have gained 10.1% on a year-to-date basis, compared with the industry’s rally of 24.6%.
Stocks to Consider
Some better-ranked stocks from the broader medical space are Merit Medical Systems, Inc. (MMSI - Free Report) , Align Technology, Inc. (ALGN - Free Report) and Thermo Fisher Scientific Inc. (TMO - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Merit Medical has a projected long-term earnings growth rate of 12.6%.
Align Technology has an estimated long-term earnings growth rate of 18.3%.
Thermo Fisher has a projected long-term earnings growth rate of 18%.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>