Take note of This News: NextGen Healthcare, Inc. (NASDAQ: NXGN)
On Thursday, NextGen Healthcare, Inc. (NASDAQ: NXGN) stock observed trading -19.46% off 52-week high price. On the other end, the stock has been noted 25.07% away from low price over the last 52-weeks. The stock disclosed a move of 11.35% away from 50 day moving average and -2.41% away from 200 day moving average. Moving closer, we can see that shares have been trading 9.42% off 20-day moving average. It has market cap of $1130.14M.
NextGen Healthcare, Inc. (NXGN) reported recently that South Bend Clinic, a premier multi-specialty group with ten campuses has made an additional $5.6M investment in software and services from NextGen Healthcare. The clinic has been using NextGen® Enterprise EHR and PM for many years. It will now incorporate NextGen® Mobile, Population Health Management, Revenue Cycle Management Services and Managed Cloud Services to improve patient outcomes while reducing costs. By upgrading its technology infrastructure and shifting further into value-based care, the clinic projects a $2M yearly return on investment over the coming years.
South Bend Clinic turned to its trusted primary EHR and PM partner, NextGen Healthcare, to help identify cost-effective and easy-to-implement and use solutions to these imperatives found in NextGen’s portfolio. With Board authorization , South Bend Clinic will deploy NextGen Healthcare’s solutions to take the multi-specialty group to a new level of clinical success and profitability.
“It’s critical for our providers to access colleagues in different specialties real-time across the clinic and community, to share expertise and speed the flow of treatment and diagnosis across all disciplines,” stated Macken-Marble. “NextGen Healthcare enables us to deliver clinical value, in terms of improved outcomes, as well as economic value.”
“The visionary leaders at South Bend Clinic represent a bold new breed of healthcare practice executives,” stated Rusty Frantz, President and Chief Executive Officer of NextGen Healthcare. “They have a passion for both physicians and patients, and they possess an unwavering commitment to ensuring the financial health of their institution so that it may live on and serve its community. These are true healthcare heroes because mission alone does not keep clinic doors open. NextGen Healthcare is proud to partner with South Bend Clinic to make healthcare better for all.”
The USA based company NextGen Healthcare, Inc. moved with change of 6.71% to $17.01 with the total traded volume of 533816 shares in recent session versus to an average volume of 310.16K. The stock was observed in the 5 days activity at 4.61%. The one-month performance of stock was 6.05%. NXGN’s shares are at 4.29% for the quarter and driving a -13.61% return over the course of the past year and is now at 12.28% since this point in 2018. Right now, the stock beta is 1.03. The average volatility for the week and month was at 3.57% and 3.05% respectively. There are 66.44M shares outstanding and 49.27M shares are floated in market.
Vivian Moore – Health and Biotech
I am Vivian Moore, I have done my bachelor’s in English literature, and further on I did my master’s in Medicines. My most preferred genre of writing is health and biotech. I have been writing from the past 6 years about articles, web content, and blogs. In my career and education, I like to play along with work. I have also been a teacher in the past for 2 years. I use to teach business and technical writing in a very famous university. However, most recently I am working as an instructor, designer, and training writer. I enjoy socializing a lot. I am a very big extrovert when it comes to nature. A part of all this I enjoy exploring the world and traveling makes me happy.
