Private equity firm Thoma Bravo is in advanced talks to buy EHR vendor NextGen Healthcare, Bloomberg reported Sept. 5.
Last month, the digital health company hired Morgan Stanley to advise it during the sale process. According to Bloomberg, Thoma Bravo could close on the deal this week, but no final decision has been made.
NextGen has a market share of $1.3 billion. During Sept. 1 trading, NextGen shares rose 6.2 percent.
Thoma Bravo and NextGen representatives did not respond to Bloomberg to comment.