Quality Systems, Inc., through its subsidiary, NextGen Healthcare, provides technology-based solutions and services to the ambulatory care market in the United States. The company’s solutions provide its clients with the ability to redesign patient care and other workflow processes while improving productivity through the facilitation of managed access to patient information. The company develops and markets software and services that automate certain aspects of practice management (PM) and electronic health records (EHR) for medical and dental practices. The company’s software could be licensed on a perpetual, on-premise basis, hosted in a private cloud or, in certain instances, as a software-as-a-service (SaaS) solution. The company markets and sells its solutions through a dedicated sales force and to a much lesser extent, through resellers. The company’s clients include single and small practice physicians, networks of practices, such as physician hospital organizations, management service organizations, accountable care organizations, ambulatory care centers, community health centers and medical and dental schools. The company also provides implementation, training, support and maintenance for software and complementary services, such as revenue cycle management (RCM) and electronic data interchange (EDI). Divisions The company’s business divisions consist of the NextGen division, the RCM Services division, and the QSI Dental division. NextGen Division The NextGen division provides integrated clinical, financial and connectivity solutions for ambulatory and dental provider organizations. The NextGen division's major product categories include the NextGen Ambulatory product suite, interoperability solutions, and cloud-based health care information technology (HCIT) software, including MediTouch. RCM Services Division The RCM Services division delivers revenue cycle management optimization services enabled by technology, and its service offerings include billing and collections, claims submissions and reconciliation, electronic remittance and payment posting, accounts receivable management, patient client service, advance analytics, charge entry and capture, enrollment credentialing, and software setup, hosting, and support. The company's technology-based solutions are designed to optimize clients' revenue cycle costs and process efficiency, and improve clients’ cash flow (typically measured by the number of days that their accounts receivable remain uncollected). QSI Dental Division The QSI Dental division focuses on developing, marketing and supporting software suites sold to dental group organizations located throughout the United States. The QSI Dental division sells licenses to its legacy products as existing clients expand their operations and also sells its practice management and clinical software solutions to new and existing clients primarily as a cloud-based SaaS platform known as QSIDental Web. Products and Services Software and Subscriptions NextGen Ambulatory Electronic Health Records (NextGen Ambulatory EHR) The company’s EHR version 5.8 offering is ONC 2014 Edition certified as a complete EHR. It stores and maintains clinical patient information and offers a workflow module, prescription management, automatic document and letter generation, patient education, referral tracking, interfaces to billing and lab systems, physician alerts and reminders and reporting and data analysis tools. Its configurable clinical content supports all of the required critical quality measures in Quality Reporting Document Architecture format. NextGen Ambulatory Practice Management Systems (NextGen PM) The company’s PM offering is an integrated, multi-module solution that includes a master patient index, enterprise-wide appointment scheduling with referral tracking, and clinical support. NextGen PM is a configurable solution that enables the management of both single and multi-practice settings. It is designed to drive efficiency, increase revenue, and speed cash flow through greater practice control. It has achieved full accreditation with the Practice Management Systems Ac
quality systems inc (QSII:NASDAQ GS)
18111 Von Karman Avenue
Irvine, CA 92612
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