NextGen Healthcare Inc
F:QY1
Gross Margin
NextGen Healthcare Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
N
|
NextGen Healthcare Inc
F:QY1
|
1.5B EUR |
46%
|
|
US |
![]() |
Veeva Systems Inc
NYSE:VEEV
|
45.1B USD |
76%
|
|
US |
C
|
Cerner Corp
LSE:0R00
|
31.3B USD |
83%
|
|
AU |
![]() |
Pro Medicus Ltd
ASX:PME
|
31.8B AUD |
100%
|
|
US |
![]() |
Doximity Inc
NYSE:DOCS
|
11.7B USD |
90%
|
|
JP |
![]() |
M3 Inc
TSE:2413
|
1.5T JPY |
54%
|
|
SE |
![]() |
Sectra AB
STO:SECT B
|
67.7B SEK |
50%
|
|
US |
W
|
Waystar Holding Corp
NASDAQ:WAY
|
6B USD |
67%
|
|
CN |
![]() |
Winning Health Technology Group Co Ltd
SZSE:300253
|
23.2B CNY |
41%
|
|
IN |
I
|
Inventurus Knowledge Solutions Ltd
NSE:IKS
|
265.6B INR | N/A | |
US |
V
|
Vocera Communications Inc
F:V00
|
2.4B EUR |
66%
|
NextGen Healthcare Inc
Glance View
NextGen Healthcare Inc. has established itself as a noteworthy innovator in the expansive world of healthcare technology. Embarking on a journey from its roots in 1974, the company has carved a niche by evolving alongside the rapidly changing landscape of medical practices. At its core, NextGen Healthcare provides electronic health record (EHR) systems and practice management solutions tailored for ambulatory care. The company's suite of products is built to streamline the intricacies of healthcare delivery, enabling medical professionals to focus more on patient care and less on administrative burdens. This is achieved through platforms that integrate patient records, scheduling, billing, and analytics, thereby creating a seamless ecosystem that enhances efficiency and reduces errors. Revenue streams for NextGen Healthcare flow primarily from the licensing and subscription of its software solutions. The company capitalizes on a model that includes both upfront licensing fees for its EHR systems and ongoing subscriptions for cloud-based services, which offer continuous access and updates without the need for substantial infrastructure investments by healthcare providers. Additionally, NextGen leverages a comprehensive strategy by offering ancillary services such as consulting, training, and managed services, which further strengthen client relationships and provide consistent income. By constantly refining its offerings and adopting a client-centric approach, NextGen Healthcare maintains its position as a key player in the intersection of technology and healthcare, contributing to the evolution of more efficient medical practices.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on NextGen Healthcare Inc's most recent financial statements, the company has Gross Margin of 46.4%.