Published: November 10, 2010
NextGen Healthcare Broadens Reach to Small Practices Through New Regional Extension Center Partnerships
HORSHAM, Pa. - (BUSINESS WIRE) - 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 - through purchased software licenses or a
competitively priced SaaS
subscription model - along with REC support services to help them
qualify as meaningful users and secure federal stimulus money under the
American Recovery and Reinvestment Act.
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.

NextGen Healthcare
Kristy DelMuto, 215-657-7010
kdelmuto@nextgen.com
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