NextGen Healthcare to Help Clients Transition to Value-Based Care and MACRA Final Rule Requirements
Initial reaction and client support for MACRA Final Rule Announcement
HORSHAM, Pa.--(BUSINESS WIRE)--
NextGen
Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality
Systems, Inc. (NASDAQ: QSII) today offered a statement in response
to the Centers for Medicare & Medicaid Services (CMS) release of the
long-anticipated final rule for implementing the MACRA law passed in
2015.
In response to the MACRA Final Rule announcement, Rusty Frantz, NextGen
Healthcare president and CEO, said, "NextGen Healthcare is
fully-committed to supporting our clients through this transition. We
have proactively developed a comprehensive suite of tools and a support
infrastructure that includes complimentary education programs, a
value-based readiness survey to assess a client's current state, as well
as full consulting services to help guide clients and ensure they
optimize reimbursement under the MACRA program."
Education
webinars for clients about MACRA and Value-Based Care begin next
week and our NextGen User Group Meeting, which will be held Nov. 6-9,
2016, will focus on MACRA and Value-Based Care. In addition to numerous
education and training sessions on these topics, NextGen Healthcare will
provide MACRA readiness assessments for attendees, with a goal to help
clients identify needs so together we can create a customized plan and
choose which reimbursement path they will take. Clients can still
register to attend NextGen ONE UGM here.
For more information on MACRA and value-based care visit www.nextgen.com/MACRA.
About NextGen Healthcare
NextGen Healthcare, a wholly owned subsidiary of Quality Systems, Inc.,
helps ambulatory care organizations succeed in value-based care by
empowering them to nurture measurably healthier patients and communities
at a lower cost. It does this with deep clinical, financial,
operational, and regulatory expertise, using consulting and educational
services coupled with a robust technology portfolio of flexible,
scalable, and cost-effective ambulatory solutions; including a certified
EHR, practice management, interoperability, care management, patient
engagement and population health management, analytics, e-transaction,
and revenue cycle management solutions. For more information, visit www.nextgen.com.
Follow NextGen Healthcare on Twitter,
Facebook,
or LinkedIn.
SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within the
meaning of the federal securities laws, including but not limited to,
statements regarding future events, developments in the healthcare
sector and regulatory framework, 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, net income, and earnings per share).
Risks and uncertainties exist that may cause the results to differ
materially from those set forth in these forward-looking statements.
Factors that could cause the anticipated results to differ from those
described in the forward-looking statements and additional risks and
uncertainties are set forth in Part I, Item A of our most recent Annual
Report on Form 10-K for the fiscal year ended March 31, 2016 and
subsequently filed Quarterly Reports on Form 10-Q, including but not
limited to: the volume and timing of systems sales and installations;
length of sales cycles and the installation process; the possibility
that products will not achieve or sustain market acceptance; seasonal
patterns of sales and customer buying behavior; 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 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; changes of accounting estimates and assumptions used to
prepare the prior periods' financial statements; disruptions caused by
acquisitions of companies, products, or technologies; and general
economic conditions. A significant portion of the Company's quarterly
sales of software product licenses and computer hardware is concluded in
the last month of a 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. These forward-looking statements
speak only as of the date hereof. The Company undertakes no obligation
to publicly update any forward-looking statements, whether as a result
of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161014005906/en/
NextGen Healthcare
Shannan Bieler, 215-657-7010
[email protected]
Source: NextGen Healthcare
News Provided by Acquire Media
Close window | Back to top
