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Compare · NXGN vs WDAY

NXGN vs WDAY

Side-by-side comparison of NextGen Healthcare Inc. (NXGN) and Workday Inc. (WDAY): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NXGN and WDAY operate in EDP Services (Technology), so they compete in similar markets.
  • WDAY is the larger of the two at $34.64B, about 26.8x NXGN ($1.29B).
  • WDAY has hit the wire 21 times in the past 4 weeks while NXGN has been quiet.
  • WDAY has more recent analyst coverage (25 ratings vs 9 for NXGN).
MetricNXGNWDAY
Company
NextGen Healthcare Inc.
Workday Inc.
Price
$23.95+0.04%
$140.22-2.48%
Market cap
$1.29B
$34.64B
1M return
-
+9.71%
1Y return
-
-44.53%
Industry
EDP Services
EDP Services
Exchange
NASDAQ
NASDAQ
IPO
News (4w)
0
21
Recent ratings
9
25
NXGN

NextGen Healthcare Inc.

NextGen Healthcare, Inc. provides software and services for ambulatory healthcare services in the United States. The company offers patient engagement solutions, comprising of NextGen PxP Portal, NextGen Patient Self Scheduling, NextGen Pay, and NextGen Virtual Visits; clinical care solutions, including NextGen Enterprise HER, NextGen Mobile, NextGen Office, NextGen Behavioral Health Suite, NextGen Orthopedic Suite, and QSIDental Web and QSIDental PM; and financial management solutions, such as NextGen Enterprise PM and NextGen Clearinghouse Solutions. It also provides population health solutions, consisting of NextGen Population Health Core, NextGen Population Health Value Management, and NextGen Population Health Patient Care Management; connected health solutions, comprising of NextGen Connect Integration Engine, NextGen Share, and NextGen Health Data Hub; and managed services, such as NextGen Managed Cloud Services and NextGen Revenue Cycle Management Services. . In addition, the company offers provides training, project management, functional and detailed specification preparation, configuration, testing, and installation services; and client and support services. Further, it provides consulting services, which include physician, professional, and technical consulting; assisting clients to optimize their staffing and software solutions; enhancing financial and clinical outcomes; achieving regulatory requirements; and meeting the requirements of healthcare reform. It serves managed service organizations, independent physician associations, accountable care organizations, veterans service organizations, dental service organizations, ambulatory care centers, and community health centers through a direct sales force and reseller channel. The company was formerly known as Quality Systems, Inc. and changed its name to NextGen Healthcare, Inc. in September 2018. NextGen Healthcare, Inc. was incorporated in 1974 and is headquartered in Atlanta, Georgia.

WDAY

Workday Inc.

Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human resources. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides cloud spend management solutions; a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. In addition, the company offers Workday applications serving industries, such as healthcare, higher education, and professional services. It serves technology, financial services, business and professional services, healthcare and life sciences, manufacturing, retail, and hospitality industries; and educational institutions, government agencies, and nonprofit organizations. Workday, Inc. has a strategic partnership with Google LLC to digitally transform enterprises worldwide. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was founded in 2005 and is headquartered in Pleasanton, California.

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