NextGen Healthcare Broadens Reach to Small Practices Through New Regional Extension Center Partnerships
Primary Care Providers in Several States Are Taking Advantage of NextGen Ambulatory EHR and REC Services to Support Their Meaningful Use Strategies
HORSHAM, Pa. (November 10, 2010) – NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), and leading provider of healthcare information systems and connectivity solutions, has expanded its reach to small practices across the United States by partnering with over 25 federally-designated regional extension centers (RECs). More than 50,000 primary care providers now have the opportunity to leverage NextGen® Ambulatory EHR
Most recently, NextGen Healthcare was selected by regional extension centers including Mountain-Pacific Quality Health (Montana-Wyoming, as a pre-qualified EHR vendor); the National Center for Primary Care at Morehouse School of Medicine, Inc. (Georgia), Rhode Island Quality Institute, and the Tri-State Regional Extension Center (Indiana-Kentucky-Ohio). It was previously named a preferred or selected vendor by RECs in Massachusetts, New York and Ohio.
“NextGen Healthcare offers the right mix of products and services to help our providers achieve Meaningful Use,” said Larry Turney, Montana Program Manager for the Montana-Wyoming Regional Extension Center. “We are particularly excited about the company’s 24/7 eLearning programs, which will give our organization in-depth application training and advanced knowledge to best support EHR adoption.”
Physicians and RECs can take advantage of the NextGen Path to Meaningful Use, monthly webinars and local road shows to learn more about using NextGen Ambulatory EHR to demonstrate Meaningful Use. More details about NextGen Healthcare’s support for the mission of regional extension centers can be found at http://www.nextgen.com/Stimulus/rec/rec.aspx along with an open letter to RECs from NextGen Healthcare president Scott Decker.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), provides integrated clinical, financial and connectivity solutions for ambulatory, inpatient and dental provider organizations. For more information please visit www.nextgen.com and www.qsii.com. Follow NextGen Healthcare on Twitter at www.twitter.com/nextgen or Facebook at http://www.facebook.com/NextGenHealthcare.
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company’s future performance, as well as management’s expectations, beliefs, intentions, plans, estimates or projections relating to the future (including, without limitation, statements concerning revenue and net income), are forward-looking statements within the meaning of these laws and involve a number of risks and uncertainties. Management believes that these forward looking statements are reasonable and are based on reasonable assumptions and forecasts, however, undue reliance should not be placed on such statements that speak only as of the date hereof. Moreover, these forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; seasonal patterns of sales and customer buying behavior; the development by competitors of new or superior technologies; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; undetected errors or bugs in software; product liability; changing economic, political or regulatory influences in the health-care industry; changes in product-pricing policies; availability of third-party products and components; competitive pressures including product offerings, pricing and promotional activities; the Company’s ability or inability to attract and retain qualified personnel; possible regulation of the Company’s software by the U.S. Food and Drug Administration; uncertainties concerning threatened, pending and new litigation against the Company including related professional services fees; uncertainties concerning the amount and timing of professional fees incurred by the Company generally; changes of accounting estimates and assumptions used to prepare the prior periods’ financial statements; general economic conditions; and the risk factors detailed from time to time in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. A significant portion of the Company’s quarterly sales of software product licenses and computer hardware is concluded in the last month of the fiscal quarter, generally with a concentration of such revenues earned in the final ten business days of that month. Due to these and other factors, the Company’s revenues and operating results are very difficult to forecast. A major portion of the Company’s costs and expenses, such as personnel and facilities, are of a fixed nature and, accordingly, a shortfall or decline in quarterly and/or annual revenues typically results in lower profitability or losses. As a result, comparison of the Company’s period-to-period financial performance is not necessarily meaningful and should not be relied upon as an indicator of future performance. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact
NextGen Healthcare
Kristy DelMuto, 215-657-7010
kdelmuto@nextgen.com
Source: NextGen Healthcare