Recently, NextGen Healthcare's wholly-owned subsidiary acquired Entrada, a Brentwood, Tennessee-based mobile internet platform based on $34 million in cash. The acquisition is expected to end after the payment is completed. In 2016, Entrada's total annual revenue was approximately $12 million and the loss was approximately $2 million.
Background introduction of the two companies
The NextGen Healthcare Information System, formerly known as Clinitec International, was founded in 1994 and is headquartered in Horsham, Pennsylvania. NextGen Healthcare Information Systems is a subsidiary of Quality Systems. Provide electronic medical record management system and medical record system for doctors' clinical practice.
NextGen Healthcare's healthcare information solutions include:
Dynamic solutions: Improve patient care, care coordination and interoperability. Address economic challenges and successfully participate in value-based care projects.
Revenue Management: Manage and predict changes in regulators and payers. Keep up with the constant reimbursement model. More attention to care. Get paid faster.
Share data: Bring together personal, safe medical records and share them with colleagues, patients, labs, hospitals, pharmacies, and payers.
Entrada, formerly known as VocalEZ, was founded in 2005 and changed its name to Entrada in January 2010. Headquartered in Brentwood, Tennessee. The company integrates multiple clinical platforms and all major HER mobile application platforms. The core product is the development of software for the automated exchange of clinical documents and data for outpatients, surgical centers and hospitals.
Because of its functionality and integration with clinical systems, it is an important part of everyday clinical workflow. Entrada can help maximize the use of its existing technology investments while increasing the productivity of physicians and employees.
Entrada's solutions include:
Document Support: Enables physicians and other caregivers to quickly and easily create clinically relevant documents within the EHR without sacrificing productivity.
Workflow Optimization: Provides a quick and easy way for caregivers to view and share real-time clinical content and complete critical EHR tasks from mobile devices.
Secure communication: Enhance collaboration and optimize clinical workflows through secure text messaging and clinical data sharing integrated with EHR.
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