Nextech Systems

Nextech Systems

Specialty-focused healthcare technology solutions provider

About Nextech Systems

Simplify's Rating
Why Nextech Systems is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Healthcare

Company Size

201-500

Company Stage

Acquired

Total Funding

N/A

Headquarters

Tampa, Florida

Founded

1997

Overview

Nextech provides technology solutions specifically designed for specialty healthcare providers, focusing on fields like ophthalmology, plastic surgery, and dermatology. Their platform includes electronic medical records (EMR/EHR), practice management, revenue management, and patient engagement software. These tools help streamline the unique workflows of specialty practices, enhancing efficiency in clinical, administrative, financial, and marketing areas. Nextech serves over 9,000 providers and 50,000 office staff, generating revenue through software sales and consultative services. The company differentiates itself by offering tailored solutions that align with the specific needs and workflows of individual providers, aiming to improve the overall success of specialty practices.

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Simplify's Take

What believers are saying

  • Nextech's AI Virtual Assistant automates 85% of routine patient interactions, boosting efficiency.
  • The company was named 2024 Best in KLAS for Ambulatory Specialty EHR.
  • Nextech's new revenue cycle management services increase practice collections by an average of 10%.

What critics are saying

  • Patients may resist AI solutions, with 42% cautious about AI in healthcare.
  • Leadership changes with new CEO Rusty Frantz could disrupt strategic alignment.
  • Integration with Assembly Health may not achieve the expected 10% collection increase.

What makes Nextech Systems unique

  • Nextech Systems specializes in EMR/EHR solutions for ophthalmology, plastic surgery, and dermatology.
  • The company offers AI-driven tools like AI Scribe to enhance clinical efficiency.
  • Nextech's platform integrates practice management, revenue management, and patient engagement solutions.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Generous annual bonus opportunity

401(k) Company Match

Flexible Time Off

Paid Holidays

Volunteer Time Off

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Flexible Spending Account

100% Company-Paid Parental leave

100% Company-Paid Life Insurance

100% Company-Paid Short/Long Term Disability Insurance

Wellness Program

Employee Assistance Program

Corporate Discounts on Retail, Travel, and Entertainment

Pet Insurance options

Company News

Business Wire
Jan 20th, 2025
Be Bio Announces Closing of $92M Series C Financing and Completes Transition to a Multi-Program, Clinical Stage Company

Be Biopharma, Inc. (“Be Bio” or “the Company”), a leader in B Cell Medicines (BCMs), today announced the closing of its $92M Series C financing. The r

Nextech
Aug 9th, 2024
Celebrating Career Journeys: Marian Llamas

When Marian first joined Nextech, she was a business development rep engaged in cold calling and entry-level sales.

WDRB
Jun 6th, 2024
Nextech Appoints Rusty Frantz as Chief Executive Officer

TAMPA, Fla., June 06, 2024 (GLOBE NEWSWIRE) - Nextech, a market leader of comprehensive technology solutions for specialty physician practices, today announced the appointment of Rusty Frantz as Chief Executive Officer, effective immediately.

MM&M
May 10th, 2024
Rx Rundown: Novo Nordisk, Zenas BioPharma, Endo Health Solutions and more

Context Therapeutics announced a $100 million private placement led by Nextech.

Nextech
May 8th, 2024
Nextech's New Revenue Cycle Management Services Increase Practice Collections an Average of 10%

Nextech partnered with Assembly Health, a multi-specialty revenue cycle management services provider, to build and deliver this new addition to the company's suite of offerings.

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