QSI: Quality Systems, Inc.

Business Unit Expands Capabilities to Help Healthcare Organizations Achieve Key Financial Goals; To Showcase Services at the 2012 Healthcare Financial Management Association Meeting June 24-27, 2012

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 and connectivity solutions, today announced it has changed the name of its NextGen Practice Solutions Division to NextGen RCM Services to more accurately reflect the breadth of the revenue cycle management (RCM) services it provides.

A core component of the integrated NextGen Healthcare offering, NextGen RCM Services has more than doubled in size since 2009 and now serves in excess of 6,500 providers nationwide. The name change coincides with growing market demand for the RCM offering, which focuses on enhancing financial efficiencies and improving reimbursement.

Additionally, the new name incorporates expanded capabilities resulting from the recent acquisition of Matrix Healthcare Management Solutions by Quality Systems, as it extends its footprint within the RCM market. The Company continues to explore additional ways to further build its team of proven billing specialists, Certified Medical Coders, Certified Public Accountants and technologists to support its clients.

"Today's healthcare environment is more volatile than ever, so it's critical for healthcare organizations to bring stability and results to the revenue cycle process," said Monte Sandler, executive vice president of NextGen RCM Services. "NextGen RCM Services enables our partners to focus on providing patient care while we take responsibility for ensuring that critical RCM functions are performed at an optimal level."

NextGen RCM Services aids in consolidating a healthcare organization's entire revenue cycle process, including billing and collections, claims submissions and accounts receivable management. Revenue cycle operations are managed by a team of NextGen RCM Services experts, each of whom closely monitor clinical and financial data to optimize an organization's workflow, back office functions and bottom line.

NextGen Healthcare's entire suite of products and services, including NextGen RCM Services, will be showcased at the 2012 Healthcare Financial Management Association (HFMA) National Institute in Las Vegas in booth #238.

About NextGen Healthcare

NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems, Inc., 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.

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.

Copyright © 2012 NextGen Healthcare Information Systems, LLC. All rights reserved.

NextGen is either a registered trademark or trademark of NextGen Healthcare Information Systems, LLC, in the United States and/or other countries. All other names and marks are property of their respective owners.

NextGen Healthcare
Michelle Rovner, 215-657-7010
[email protected]

Source: NextGen Healthcare

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