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NextGen Healthcare Closes USD 43m Acquisition of Medfusion
Tuesday 10 December 2019

10 December 2019 - US-based ambulatory-focused technology solutions provider NextGen Healthcare, Inc. (NASDAQ: NXGN), a provider of ambulatory-focused technology solutions has completed the acquisition of patient experience platform specialist Medfusion, Inc for USD 43m in cash, the company said.

This deal was announced in November.

Medfusion Patient Experience Platform enables key aspects of patient-provider interactions. It includes a modern portal with an attractive, easy-to-use interface designed to run on any device.

The platform includes powerful capabilities for patient intake, patient scheduling and patient payment capabilities and is used by more than 16m patients today.

The acquisition agreement provides for the acquisition of all of the outstanding equity in Medfusion, but will be subject to Medfusion transferring, prior to the closing, its data services business, which is in its infancy and will be transferred out of Medfusion as Greenlight Health.

NextGen Healthcare partners with medical, behavioural and dental providers.
Date Published: 10/12/2019
Target: Medfusion, Inc
Country: USA
Deal Size: 43m (USD)
Sector: Healthcare
Type: Corporate acquisition
Financing: Cash
Status: Closed
Buyer: NextGen Healthcare, Inc