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NextGen Healthcare Completes OTTO Health Acquisition

December 18, 2019 GMT

IRVINE, Calif.--(BUSINESS WIRE)--Dec 18, 2019--

NextGen Healthcare, Inc. (NASDAQ:NXGN) (“NextGen Healthcare” or “the Company”), a leading provider of ambulatory-focused technology solutions, today announced it has closed the acquisition of OTTO Health (“OTTO”).

“By acquiring OTTO Health, and recently Medfusion, we have made significant steps forward as we continue our mission of providing our clients integrated capabilities to engage and delight their patients. By integrating virtual care across the NextGen Healthcare platform, we are now able to offer the ability for patients and providers to experience a new dimension of care without taking the providers out of their natural workflow while meeting the patients at their point of convenience,” said Rusty Frantz, President and Chief Executive Officer of NextGen Healthcare. “Integrated virtual care is another must-have capability that we are excited to offer our clients as they continue advancing the mission of engaged and loyal patients.”

About NextGen Healthcare, Inc.

We empower the transformation of ambulatory care—partnering with medical, behavioral and dental providers on their journey to value-based care to make healthcare better for everyone. We go beyond EHR and PM. Our integrated solutions help increase clinical productivity, enrich the patient experience, and ensure healthy financial outcomes. We believe in better. Learn more at nextgen.com, and follow us on Facebook, Twitter, LinkedIn and Instagram.

SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS This communication contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under the securities laws. From time to time, oral or written forward-looking statements may also be included in other information released to the public. These forward-looking statements are intended to provide the Company’s management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the reports of NextGen Healthcare on Forms 10-K, 10-Q and 8-K filed with or furnished to the Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and NextGen Healthcare assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191218005822/en/

CONTACT: NextGen Healthcare

Monica Golden

(949) 237-6082 Office

(949) 547-3864 Cell phone

mgolden@nextgen.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PRACTICE MANAGEMENT MANAGED CARE PUBLIC RELATIONS/INVESTOR RELATIONS GENERAL HEALTH HEALTH COMMUNICATIONS DENTAL OTHER HEALTH

SOURCE: NextGen Healthcare, Inc.

Copyright Business Wire 2019.

PUB: 12/18/2019 06:48 PM/DISC: 12/18/2019 06:48 PM

http://www.businesswire.com/news/home/20191218005822/en