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NextGen Healthcare

Atlanta, United Stateswww.nextgen.com1expert edge

NextGen Healthcare is a healthcare IT company providing cloud-based electronic health record, practice management, patient engagement, and revenue cycle management software to ambulatory and specialty medical practices. Thoma Bravo took it private for $1.8 billion in November 2023.

Why interesting to a deal team

A live Thoma Bravo healthcare-software asset with an eventual exit ahead. Joe Schauenberg advised NextGen on the take-private, giving direct diligence-grade insight into its ambulatory EHR and RCM economics, sponsor expectations, and valuation benchmarks for comparable healthcare RCM software targets.

Experts connected to this company

JS

Joe Schauenberg

Managing Director and Head of Healthcare IT Investment Banking

William Blair

BankerChicago

He runs William Blair's 25-person healthcare IT banking franchise and has sold or listed marquee RCM assets — Waystar, Knowtion, RevSpring — giving him unmatched sell-side visibility into the space.

Sources

Strongest evidenceStructured data2 public sourcesHow the grades work