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Trinity Health Expands Its Use of NextGen Technology to Help Further Enhance Quality of Care

^{Published on 2010-01-05 06:45:41 - Market Wire}
 

HORSHAM, Pa.--([ BUSINESS WIRE ])--[ 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, today announced that [ Trinity Health ] has purchased 1,200 "bundled" [ NextGen® EHR ] (Electronic Health Records) and [ NextGen EPM ] (Enterprise Practice Management) software licenses. Based in Novi, Mich., Trinity Health originally purchased 400 NextGen EPM licenses for a portion of its employed providers in 2006. The additional licenses will enable all employed providers in the Trinity Health network – comprised of 44 acute care hospitals, 379 outpatient facilities, 33 long-term care facilities, and numerous home health and hospice programs – to access NextGen Healthcare's award-winning technology platform.

"Their efforts to enhance patient care and put physicians on the right track toward meeting meaningful use criteria are commendable. We look forward to expanding our relationship with Trinity Health during this exciting time in healthcare IT."

"In addition to providing the necessary integration capabilities and a depth of clinical content, we expect NextGen Healthcare to help us achieve various patient care goals, including patient-centered medical home certification," said Grace Miller, director of physician office services, Trinity Health.

Featuring pre-built clinical templates and workflow for more than 25 specialties, NextGen EHR provides complete, accurate documentation stored in a standard format. NextGen EHR version 5.6 was recently named a pre-market conditionally [ CCHIT Certified® 2011 Ambulatory EHR ]. This certification designates that NextGen EHR version 5.6 has been tested against the most comprehensive set of new and existing criteria for achieving meaningful use, such as interoperability, privacy and security, and functionality. The NextGen EPM product allows healthcare organizations with multiple locations to centralize appointment scheduling, billing, collections and other business processes.

"Trinity Health has been a valued NextGen Healthcare partner for many years," said [ Philip N. Kaplan ], chief operating officer for Quality Systems. "Their efforts to enhance patient care and put physicians on the right track toward meeting meaningful use criteria are commendable. We look forward to expanding our relationship with Trinity Health during this exciting time in healthcare IT."

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, please visit [ www.nextgen.com ] and [ www.qsii.com ].

About Trinity Health

Trinity Health is the fourth-largest Catholic health care system in the country. Based in Novi, Mich., Trinity Health operates 44 acute-care hospitals, 379 outpatient facilities, 33 long-term care facilities, and numerous home health offices and hospice programs in eight states. Employing 45,800 full-time staff, Trinity Health reported $7.0 billion in unrestricted revenue in fiscal year 2009. As a not-for-profit health system, Trinity Health reinvests its profits back into the community through programs to serve the poor and uninsured, manage chronic conditions like diabetes, health education and promotion initiatives, and outreach for the elderly. In Fiscal Year 2009, this included nearly $400 million in such community benefits. For more information about Trinity Health, visit [ www.trinity-health.org ] or become a fan of the [ Trinity Health Facebook ] page.

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.