NextGen Healthcare Information Systems Receives Top Honors at 2004 TEPR Conference
NextGen(R) Healthcare Information Systems, Inc., a subsidiary of Quality Systems, Inc., announced that for the fourth consecutive year, its applications have been awarded top honors by The Medical Records Institute at the annual TEPR (Toward an Electronic Patient Record) conference.
At this year’s conference, held in Ft. Lauderdale, Fla., the NextGen EPM application was awarded first honors in the “Practice Management Systems” category, the only practice management category in which awards were given.
In addition, the NextGen EMR application earned one of the two first honors awards given in the “EMR Systems for Small/Solo Practices” category and second honors in the “Medium and Large Practice” category.
A panel of independent judges evaluated and scored solutions based on written applications and live presentations.
The 2004 TEPR conference and exhibition was sponsored by the Medical Records Institute, which is celebrating its 20th anniversary. The TEPR conference is one of the largest healthcare information technology conferences in the world and connects industry experts, conference attendees and exhibitors in addressing current industry trends and regulatory, practical and implementation issues in electronic healthcare.
About NextGen Healthcare Information Systems, Inc.
NextGen Healthcare Information Systems, 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 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.
