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NextGen Healthcare Unveils New Paths to Value-based Care and Shared Risk Payment Models at HIMSS16
February 25, 2016 at 5:00 AM EST

Company to demonstrate technology-enabled services to assist in driving population health management, value-based reimbursement in Booth 4421

HORSHAM, Pa.--(BUSINESS WIRE)-- NextGen Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare information systems, services and connectivity solutions, announced today it will demonstrate an array of integrated solutions to aid ambulatory providers in their journey to succeed in the new value-based care (VBC) and shared risk reimbursement environment during the 2016 HIMSS Annual Conference and Exhibition; Feb. 29 - March 4 in Las Vegas.

HIMSS16 attendees visiting NextGen Healthcare's booth #4421 can see entire value-based care (VBC) workflows or hone in on targeted components of the Company's VBC solutions platform for the ambulatory care continuum including: patient engagement, coordinated care, vendor-agnostic interoperability, outcomes measurement and analytics. Booth visitors will get a sense of all the ways in which NextGen Healthcare is helping clients to: tackle population health management; operate in a value-based reimbursement environment; and, further solidify their positions in the rapidly changing healthcare information technology (HCIT) space.

In addition to product demonstrations of the Company's latest solutions, booth visitors also will learn more about:

  • How the company's cloud services reduce clients' total-cost-of-ownership by up to 50 percent
  • The tools that enable better individual patient care while also lowering the cost of care
  • Why more than one-third of Accountable Care Organization's (ACOs) across the nation use NextGen Healthcare solutions
  • What drives the robust, open interoperability currently serving over 150 million patients
  • How NextGen RCM Services can maintain a first pass clean claims rate of more than 97percent

"2016 presents physician practices with a major decision - stay in the shrinking world of fee-for-service or embrace the inevitability shared risk reimbursement by transitioning into an ACO, bundled payment, or other alternative payment model. And with the converging trends of declining, traditional fee-for-service payments, more fee-for-service payments linked to quality, and new incentives for sharing risk, the decision is more complex and urgent than ever," explained Rusty Frantz, president and chief executive officer of Quality Systems, Inc./NextGen Healthcare.

"Keeping one foot in each environment - fee-for-service and fee-for-value - complicates the challenge. Providers seek every advantage for efficient, day-to-day operation now, as they discover the technologies and services to thrive throughout their transition to value-driven healthcare. The integrated suite of technologies and services HIMSS16 attendees will see at our booth empower clients to sustain success as we partner with them to address each part of this complex challenge," Frantz said.

NextGen Healthcare leaders, clients and partners will host many educational sessions throughout the event. Highlights include:

Additionally, demonstrations of NextGen interoperability solutions powered by Mirth will be displayed in booth #11954-24 at this year's HIMSS Interoperability Showcase™ in Exhibit Hall G.

Also during HIMSS16, Quality Systems/NextGen Healthcare will host a group session for the investment community on Tuesday, March 1, 2016 from 2:00 PM - 3:00 PM local time, during which time the Company will provide a demonstration of its new HealthFusion platform, followed by an interactive Q&A session with senior management. RSVP is required to attend. To RSVP or for additional information, please email slewis@qsii.com or call 303-518-7100.

The event will be broadcast via a live Web simulcast and posted in real time in the investor relations section of the Quality Systems web site, under Events & Presentations, which can be found here: http://investor.qsii.com/events.cfm.

About NextGen Healthcare

NextGen Healthcare, a wholly owned subsidiary of Quality Systems, Inc., develops and provides a range of software and services for medical and dental group practices, including include practice management and electronic health record applications, patient portal, interoperability and connectivity products, and population health management and analytics offerings. Services include managed cloud services, revenue cycle management, claims clearinghouse, data interchange and value-add consulting. The Company's solution portfolio is readily integrated and collectively positioned to drive low total cost of ownership for its client partners, as well as enable the transition to value-based healthcare. For more information, visit www.nextgen.com and www.qsii.com. Follow us on Twitter, Facebook, LinkedIn and YouTube.

Certain statements in this news release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements made by Rusty Frantz related to the Company's future products and offerings, and developments and trends in the healthcare industry. These forward-looking statements may contain the words "believe," "anticipate," "continue," "expect," "plan," "potential," "predict," "estimate," "outlook," "project," "will be," "will continue," "will likely result," or other similar words and phrases. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from the Company's expectations and projections. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the possibility that products will not achieve or sustain market acceptance; the impact of incentive payments under The American Recovery and Reinvestment Act on sales and the ability of the Company to meet continued certification requirements; 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 our software; changing economic, political or regulatory influences in the healthcare industry; 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; and general economic conditions. Additional risks and uncertainties are set forth in the Company's public filings with the U.S. Securities and Exchange Commission, including the discussion under the heading "Risk Factors" in the Company's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. The Company expressly disclaims any intent or obligation to update these forward-looking statements except as required by law.

© 2015 Quality Systems, Inc., Irvine, CA 92612

® Marks owned by Quality Systems, Inc.

For Media and Public Relations Inquiries, Contact:
NextGen Healthcare
Michelle Rovner, 215-657-7010
For Investor Relations Inquiries, Contact:
Quality Systems, Inc.
Mark Davis, 949-255-2600, mdavis@qsii.com
Susan J. Lewis, 303-766-4343, slewis@qsii.com

Source: NextGen Healthcare

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