NextGen Healthcare Agrees to Acquire OTTO Health

NextGen Healthcare, Inc. (NASDAQ:NXGN), a provider of ambulatory-focused technology solutions, has announced an agreement to acquire OTTO Health (“OTTO”), the company said.

The proposed acquisition is expected to close this month, subject to the satisfaction of closing conditions.

Driven by the convenience-seeking and technology savvy healthcare consumer of today, demand for virtual visits is on the rise. The use of telehealth is especially important for people with chronic conditions and 20% of the US population that lives in rural areas where access to health care, particularly specialty care, is often lacking.

OTTO virtual visits provide both the convenience and integrated approach that patients and providers demand. The solution is device agnostic, doesn´t require the download or install of a separate app, and patients have multiple options for scheduling an appointment, including directly through the patient portal.