NextGen Healthcare Announces Agreement to Acquire OTTO Health
NextGen Healthcare, Inc. (NXGN)
Last nextgen healthcare, inc. earnings: 1/23 04:05 pm
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Source: Business Wire
Company Expands Patient Engagement Capabilities with Integrated Virtual Visits IRVINE, Calif.--(BUSINESS WIRE)--NextGen Healthcare, Inc. (NASDAQ:NXGN) (“NextGen Healthcare” or “the Company”), a leading provider of ambulatory-focused technology solutions, today announced an agreement to acquire OTTO Health (“OTTO”). The proposed acquisition is expected to close this month, subject to the satisfaction of closing conditions.Driven by the convenience-seeking and technology savvy healthcare consumer of today, demand for virtual visits is on the rise. The use of telehealth is especially important for people with chronic conditions and 20% of the U.S. population that lives in rural areas where access to health care, particularly specialty care, is often lacking. OTTO virtual visits provide both the convenience and integrated approach that patients and providers demand. The solution is device agnostic, doesn’t require the download or install of a separate app, and patients have multiple op
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