NextGen Healthcare Inc (NASDAQ: NXGN), a provider of software solutions to manage patients’ records, is reportedly exploring various strategic options, including the possibility of a company sale.
With a market value of $1.1 billion, NextGen Healthcare is known for its lack of a traditional headquarters due to its remote work culture.
It has hired investment bank Morgan Stanley to advise it on its discussions with potential buyers, Reuters noted, citing sources familiar with the matter.
However, the report adds that no firm agreements have been reached.
The decision to explore a potential sale comes when the healthcare sector is experiencing a surge in dealmaking. Companies in the industry …