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NextGen Healthcare Launches Award-Winning Community Network Technology; Product Makes Health Information Exchanges and RHIOs a Reality With Shared Data Between Healthcare Providers and Others

Posted on: Tuesday, 23 May 2006, 16:57 CDT

NextGen Healthcare Information Systems, Inc., a subsidiary of Quality Systems, Inc. (Nasdaq: QSII), today announced the official launch of their award-winning community network technology product, NextGen(R) Community Health Solution (NextGen(R) CHS).

The innovative technology facilitates cross-enterprise data sharing, enabling individual medical practices in a given community to selectively share critical data such as demographics, referrals, medications lists, allergies, diagnoses, lab results, histories and more. This is accomplished through a secure, community-wide data repository that links health care providers, whether they have the NextGen(R) Electronic Medical Record (NextGen(R) EMR) system, another compatible EMR system, or no EMR, together with hospitals, payors, labs and other entities. The product is designed to facilitate a Regional Health Information Organization, or "RHIO." The result is that for every health care encounter in the community, a patient-centric and complete record is accessible for the provider. The availability, currency and completeness of information plus the elimination of duplicate data entry can lead to significantly improved patient safety, enhanced decision making capabilities, time efficiencies and cost savings.

One such community that has implemented NextGen(R) CHS is The Ann Arbor Community Health Data Exchange, a consortium of medical practices in Ann Arbor, Michigan. The consortium serves over 200,000 patients through its participating stakeholders in both primary and specialty care. The Ann Arbor consortium is now engaged in a multi-component effort to measure improvements that result directly from CHS usage, focusing on patient care and safety and on referral and administrative costs.

"We're tying a lot of people together here and making the best use of our EMR systems," said Dr. Neal Weinberg, pediatrician at one of the Ann Arbor practices. "The level of care was already high, but we're taking it to the next level - out of individual practices and into the community."

Microsoft Healthcare Users Group (MS-HUG) named NextGen(R) CHS "Best in Class" in the Interoperability/RHIO category as part of the 2006 MS-HUG Annual Awards. This award recognized the technology's real-world application and benefits realized by early adopters.

About NextGen Healthcare Information Systems, Inc. -- NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc., develops and provides computer-based practice management, medical records, and connectivity applications for medical group practices. Visit www.nextgen.com and www.qsii.com for additional information.

About Quality Systems -- Quality Systems, Inc. and its NextGen Healthcare Information Systems, Inc., subsidiary develop and market computer-based practice management, medical records, and connectivity applications for medical and dental group practices. Visit www.qsii.com and www.nextgen.com for additional information.

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.

Source: Business Wire

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