![]() ![]() Image Source: Zacks Investment Research Zacks Rank & Stocks to ConsiderĬurrently, NextGen carries a Zacks Rank #4 (Sell). Shares of NextGen have lost 12.3% in the past year compared with the industry’s 21.1% decline and against the S&P 500's 5.1% growth. In February, NextGen announced that Compass Health Network had chosen NextGen Behavioral Health Suite to provide whole-person care. Mirth Cloud Connect is built upon NextGen’s popular Mirth Connect. In March, NextGen announced the launch of Mirth Cloud Connect, a cloud-based solution that provides interoperability as a managed solution, at the ViVE 2023. Last month, NextGen announced that Mindful Care had selected NextGen Behavioral Health Suite to support its short- and long-term goals. Given the market potential, the latest adoption of NextGen’s product is expected to significantly boost its business. Factors like the rise in elderly population, the increase in prevalence of mental disorders and the growing number of people seeking mental health support are likely to drive the market. Per a report by Prophecy Market Insights published on GlobeNewswire, the global mental health market accounted for $381.98 billion in 2020 and is anticipated to reach $527.44 billion by 2030, seeing a CAGR of 3.4%. ![]() Management believes that the partnership with CHE Behavioral Health Services will enable it to expand its reach to offer life-changing access to care and meet the rapidly growing demand.ĬHE Behavioral Health’s management believes that implementing NextGen Behavioral Health Suite will enable it to work with a solution provider that understands the complexities of delivering quality mental health care. ![]() It has revealed that nearly 21% of adults confirmed experiencing mental illness, and 15% of adults were diagnosed with a substance use disorder in the past year. Per NextGen’s management, recent data has provided a concerning insight into the prevalence of mental health concerns in the U.S. With the latest adoption, NextGen is likely to solidify its foothold in the mental health treatment space across the nation, thereby boosting its Enterprise domain. However, it will initially begin using NextGen Behavioral Health Suite in 14 states. The NextGen Behavioral Health Suite is a comprehensive solution that provides access to a single, integrated physical and behavioral health record to treat a patient.Ĭarlsbad, CA-based CHE Behavioral Health is currently licensed to provide services in 47 states across the United States. ( NXGN Quick Quote NXGN - Free Report) announced that CHE Behavioral Health Services had chosen NextGen Behavioral Health Suite to support its growing network. She further believes in a loving approach for her client’s wellbeing by integrating empathy and compassion in her work.NextGen Healthcare, Inc. She believes that a meditation practice not only changes the brain in profound ways, but it provides the individual with practical tools and techniques to improve the quality of their life and happiness. Over the last several years, Raquel has further explored other treatment interventions outside the traditional clinical work by working on her NeuroMeditation Instructor certificate through the NeuroMeditation Institute in Oregon. She has been in private practice for more than 25 years. ![]() Her clinical experience has taken place in a variety of outpatient settings ranging from community based mental health services, convalescent home consultation services, intern supervisor, and Team supervisor for a school based outreach program and CalWorks Services. She also integrates other research based treatment interventions. She is skilled in Cognitive Behavior Therapy (CBT), Mindfulness, and NeuroMeditation. Raquel is a psychotherapist and has nearly 35 years of clinical experience providing a wide range of psychological services and/or treatment for adults, youth, families and couples who are dealing with anxiety, depression, grief/loss, stress, and academic/work/life issues. She owns a private practice in Monrovia, California and she is the founder of Mindful Behavioral Health Services. Raquel obtained her Master’s Degree at the University of California, Los Angeles (UCLA). Pizano-Hazama, LCSW is a bilingual-bicultural Licensed Clinical Social Worker and a Certified NeuroMeditation Institute Instructor. ![]()
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