NextGen Healthcare’s 2011 Users’ Group Meeting Helps Providers Get Ready for Critical Industry Changes
Record attendance of more than 4,200 participants celebrate Meaningful Use success and prepare to tackle new initiatives such as collaborative care models
HORSHAM, Pa. (November 14, 2011) – NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare information systems and connectivity solutions, announced today the kick off of its 2011 Users’ Group Meeting (UGM) with record attendance of more than 4,200 participants.
The company’s clients
“Many of our ambulatory and inpatient users have attested for Meaningful Use incentives already and more than 100 clients have earned Patient-Centered Medical Home designation,” said Decker. “Providers must now get ready to face broader industry drivers such as Accountable Care and 5010/ICD-10 by putting the right tools in place. NextGen Healthcare’s EHR is now faster and easier to use, and our new, intuitive solutions and enhanced services help providers measure and act on their clinical and business outcomes. In collaboration with our clients, and in response to their needs, we have developed a portfolio that will position clients for true market leadership.”
Among the innovations showcased at UGM to support these industry changes, NextGen Healthcare will reveal a performance management tool set designed to monitor and measure clinical, financial and operational outcomes for a healthcare organization. It includes Insight Reporting(TM), which compares a practice’s metrics against others at a local, state, or national level, providing detailed insight into every aspect of the practice’s financial performance and ways to resolve revenue cycle issues. NextGen(TM) Healthcare Information Exchange, NextGen® Patient Portal and NextGen® Mobile will also be featured as they gain momentum in helping providers advance community connectivity and patient engagement.
A favorite feature of attendees each year is the UGM Hands-On Room, which returns with more than 150 workstations running the latest NextGen® applications. Experienced trainers, developers, and implementation specialists provide one-on-one product tutorials, answer questions, and highlight new or undiscovered features. More than 20 educational sessions are also scheduled to help guide clients through Meaningful Use attestation.
Keynote speaker John Foley, former member of the U.S. Navy Blue Angels Flight Demonstration Squadron, will educate UGM attendees on secrets to achieving high performance. NextGen Healthcare also welcomes Farzad Mostashari, MD, National Coordinator for Health Information Technology, to speak at its Users’ Group Meeting. Dr. Mostashari will present Monday afternoon on “Meaningful Use as the Path to Clinical Delivery Transformation.”
The public can follow NextGen Healthcare’s Users’ Group Meeting on Twitter under the hashtag #NextGenUGM.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc., 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: volume and timing of systems sales and installations; length of sales cycles and installation process; the possibility that the products will not achieve 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 Quality Systems’ 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.
NextGen and NextPen are either registered trademarks or trademarks of NextGen Healthcare Information Systems, Inc. in the United States and/or other countries. All other names and marks are property of their respective owners.
Source: NextGen Healthcare