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, today announced it has been named a preferred vendor of electronic health records by New York eHealth Collaborative (NYeC) and a selected vendor for NYC Regional Electronic Adoption Center for Health (NYC REACH), the federally designated Regional Extension Centers for New York State and New York City, respectively.
NextGen Healthcare’s Ambulatory EHR version 5.6 will be part of a select group of products recommended by NYeC and NYC REACH to physician practices, community health centers and critical access hospitals as they work to demonstrate Meaningful Use and secure incentive payments under the American Recovery and Reinvestment Act. The regional extension centers will offer support services to these providers, guiding them through achievement of Meaningful Use with selected EHRs, including NextGen®. In addition, NYeC has negotiated discounted prices for selected health IT products and services and will provide subsidized EHR adoption assistance.
“NextGen Healthcare has proven success stories working with clients to execute quality-focused initiatives and is committed to enabling the same success in providers working toward Meaningful Use,” said Scott Irwin, Director of Regional Extension Center Support at NextGen Healthcare. “We are thrilled to partner with the New York RECs in this effort and look forward to sharing our educational, outreach and technical resources with additional RECs across the country as they help providers become meaningful users.”
NextGen Healthcare serves more than 50,000 physician users today. Through the NextGen Path to Meaningful Use, the company details how these clients and their RECs can use NextGen® Ambulatory EHR to help meet the ePrescribing, interoperability, and quality reporting measures of Meaningful Use. The company also offers a Grants Resources Center to help clients identify and apply for grant opportunities made possible by health reform, and employs a team of experienced, qualified physicians to consult on implementation and optimal use of EHRs. Exclusive NextGen solution certification is available to help HIT consultants and RECs learn how to best lead providers to become “meaningful users” using NextGen® products and services.
For more information about NextGen Healthcare’s support for the mission of Regional Extension Centers, visit http://www.nextgen.com/Stimulus/rec/rec.aspx or read 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.
About New York eHealth Collaborative
The New York eHealth Collaborative (NYeC) is the federally designated Regional Extension Center for all areas of New York State except New York City. Founded by health care leaders across the state, with leadership and support from the New York State Department of Health, NYeC is a public-private partnership that serves as a focal point for health care stakeholders to build consensus on state health IT policy priorities, and collaborate on state and regional health IT implementation efforts. More information about the NYeC Regional Extension Center at is available at www.nyecred.org, for information on NYeC visit www.nyehealth.org.
About NYC REACH
The NYC Regional Electronic Adoption Center for Health (NYC REACH) is the federally designated regional extension center serving physicians in New York City. It was launched by the NYC Health Department’s Primary Care Information Project (PCIP), in partnership with the Fund for Public Health in New York (FPHNY). REACH will encourage health IT adoption in physician offices and community health centers to coordinate care and improve health outcomes, specifically through the use of prevention oriented electronic health records (EHRs). More information can be found at www.nycreach.org.
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.
Kristy DelMuto, 215-657-7010
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