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New Deal


Announced

NextGen Healthcare to acquire Medfusion for $43m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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health care information technology

Majority

Single Bidder

Pending

IT Services: Other

Private

United States

Acquisition

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Synopsis

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NextGen Healthcare, an American software and services company headquartered in Irvine, agreed to acquire Medfusion, a healthcare IT company, for $43m. "We must further engage patients in their healthcare journey as engagement is essential for great outcomes and lowering the cost of care. Providing the overall experience, tools and meaningful information isn’t just essential, it is increasingly expected by today’s healthcare consumer. The acquisition of Medfusion will add a best-in-class patient access and engagement capability to NextGen Healthcare’s award-winning, fully-integrated ambulatory platform," Rusty Frantz, NextGen Healthcare President and Chief Executive Officer.

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