Morning Headlines 5/9/23

NextGen Healthcare says hackers accessed personal data of more than 1 million patients

NextGen notifies over 1 million patients of a data breach in which hackers stole personal information by gaining access to its NextGen Office EHR and practice management software using stolen customer credentials.

Healthcare firm Premier explores strategic alternatives

Premier shares rise on the news that it has formed a special committee to consider strategic alternatives including a sale of part or all of the company, partnership opportunities, or recapitalization.

CareCloud Reports First Quarter 2023 Results

CareCloud attributes a 15% drop in Q1 revenue to a dip in professional services revenue, the absence of COVID-related RCM services, and customer migrations away from Meridian Medical Management, which CareCloud acquired in 2020.