NextGen Healthcare has acquired cloud-based analytics platform EagleDream Health for $26 million in cash to advance population health management through increased quality of care. Headquartered in Rochester, NY, EagleDream Health’s vendor-agnostic platform for managing value-based care empowers healthcare organizations with intuitive analytics and actionable intelligence to achieve successful population health management.
For NextGen, the acquisition will enable NextGen Healthcare to enhance the care experience and increase patient engagement for ambulatory clinics and health systems while reducing the per capita cost of healthcare and improving the work-life balance for clinicians and staff.
The acquisition is expected to close in the current quarter upon the satisfaction of customary closing conditions. EagleDream Health marks the second major asset acquired by NextGen Healthcare in 2017, following its earlier purchase of Entrada, Inc.
“NextGen Healthcare is committed to ensuring our clients can effectively navigate and achieve success within a transforming marketplace,” said Rusty Frantz, President and CEO of NextGen Healthcare. “EagleDream Health’s sophisticated analytics platform is a catalyst to unlock additional value for our clients, providing a depth of clarity and context that empowers doctors to provide the highest quality of care, regardless of where they are on the continuum from fee-for-service to value-based care.”