Wednesday, April 12, 2017
NextGen HealthCare Acquires Entrada
Irvine-based NextGen Healthcare Information Systems, a provider of electronic health records software which is owned by Quality Systems, said this morning that it has agreed to acquire Entrada, a Nashville-based provider of cloud-based mobile apps for the electronic health records (EHR) market. NextGen Healthcare said it will pay $34M in cash for Entrada. Entrada had revenues of approximately $12M in 2016, according to the companies. Rusty Frantz is President and CEO of NextGen Healthcare.