NextGen Healthcare Expands Its Partnership with Ohio State Medical Association
March 03, 2010 9:30 AM
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, today announced that the Ohio State Medical Association (OSMA) has expanded its preferred partner agreement with the company.
Through this agreement, OSMA members – which include more than 20,000 Ohio physicians, residents, medical students and practice managers – will be offered preferred pricing for NextGen® Practice Management and NextGenSM Practice Solutions. NextGen Practice Management is the only preferred practice management product and NextGen Practice Solutions is one of only two preferred revenue cycle management solutions. Since 2008, NextGen® EHR has been offered to OSMA members through the organization’s EHR Standards of Excellence Program (EHR SOE).
“We are always looking for ways to help our members make their practices run more efficiently and NextGen Healthcare offers proven solutions to do that,” said David Owens, senior director and chief marketing officer for OSMA. “NextGen Healthcare has been a valued partner so the decision to expand our partnership really made sense.”
NextGen Practice Management allows healthcare organizations to better manage appointment scheduling, billing, collections and other business processes with the goal of maximizing practice efficiency and workflow. NextGen Practice Solutions offers a wealth of services, including eligibility checking, charge capture and claims scrubbing, that are designed to increase collections, reduce A/R days, and improve efficiency in billing, scheduling, reporting and other critical practice functions.
“Ohio has always been an important market for us, and this expanded partnership is a further demonstration of that commitment,” said Scott Decker, president of NextGen Healthcare. “We are also committed to medical associations like OSMA as they work to provide members with more cost-effective technology and services.”
For more information on how to take advantage of these offers from OSMA, please visit www.osma.org.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), provides integrated electronic health record and practice management systems, connectivity solutions, and billing services for hospitals and ambulatory practices of all sizes and specialties. For more information about NextGen Healthcare, please visit www.nextgen.com and www.qsii.com.
About OSMA
The Ohio State Medical Association is a statewide association representing 20,000 Ohio physicians, residents, medical students and practice managers. It is dedicated to improving the practice of medicine for physicians, their staff and patients, by advocating their position, saving them time and money, and promoting the medical profession. The OSMA is affiliated with the American Medical Association on the national level and county medical societies on the local level. Visit the OSMA’s Web site at www.osma.org. Follow the OSMA on Twitter at http://twitter.com/OhioMedicine.
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.
For NextGen Healthcare Information Systems, Inc.
Brian Parrish,
770-576-2544
bparrish@dodgecommunications.com


























