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22.02.2005 14:02:00
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NextGen Captures Multiple Microsoft MS-HUG Awards at HIMSS Conference
NextGen Captures Multiple Microsoft MS-HUG Awards at HIMSS Conference NextGen(R) Applications Receive Top Honors in Two Categories While NextGen Client, Ogden Clinic, Wins "Clinic of the Year"
NextGen Healthcare Information Systems, Inc., a subsidiary of Quality Systems, Inc. (Nasdaq:QSII), today announced that the company's NextGen EMR (Electronic Medical Records) application was among four winners in the Ambulatory Care: Clinical/Patient Information Systems category and the NextGen EPM (Enterprise Practice Management) application was the sole winner in the Administrative/Financial Systems category. In addition, The Ogden Clinic, a NextGen Healthcare client, was the recipient of the prestigious "Clinic of the Year" award.
The awards were presented during an awards ceremony conducted in connection with the Healthcare Information and Management Systems Society (HIMSS) conference in Dallas, TX.
Annually since 2001, Microsoft Healthcare Users Group (MS-HUG) and Microsoft Corp. have partnered to sponsor the MS-HUG Annual Awards. Their awards acknowledge healthcare organizations and individuals who exhibit the best use of Microsoft-based products, as well as independent software vendors (ISVs) and Systems Integrators (SIs) that develop solutions on Microsoft technology for the healthcare industry.
MS-HUG evaluates award applicants on the extent to which they provide significant business benefits to healthcare organizations and improve patient care. The Administrative/Financial Systems category rewards the best administrative or financial system in both Acute and Ambulatory Care and the Ambulatory Care: Clinical/Patient Information Systems category rewards the best clinical or patient information system in an ambulatory care setting. The Microsoft Clinic of the Year Award is presented annually to the clinic that innovatively applies technology to improve patient care or practice efficiency.
About MS-HUG
The nonprofit Microsoft Healthcare Users Group is the leading healthcare industry forum for exchanging ideas, promoting learning and sharing solutions for information systems using Microsoft technologies. MS-HUG works to provide industry leadership, drive appropriate standards and develop associated requirements in support of healthcare solutions. Microsoft Healthcare Users Group (MS-HUG) unified with The Healthcare Information and Management Systems Society (HIMSS) as part of the HIMSS Users Group Alliance Program in October 2003. More information can be found on MS-HUG's Web site at www.mshug.org.
About Microsoft
Founded in 1975, Microsoft (NASDAQ:MSFT) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software -- any time, any place and on any device.
About The Ogden Clinic
The Ogden Clinic is a balanced multi-specialty clinic located in Ogden, Utah. It is the only such clinic in Ogden and one of the largest in the state. From its modest beginning fifty years ago, the clinic has become a well-recognized group of medical specialists who provide high quality care. Currently, the clinic has 53 providers, approximately 250 employees, 6 locations and 18 different specialties to care for the medical needs of the Ogden Valley community.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ:QSII), develops and markets computer-based practice management and electronic medical records systems for medical and dental group practices. Please visit www.nextgen.com and www.qsii.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.
--30--SM/la*
Business Editors/Tradeshow Writers/Healthcare Editors
HIMSS 2005 Annual Conference
HORSHAM, Pa.--(BUSINESS WIRE)--Feb. 22, 2005--
NextGen Healthcare Information Systems, Inc., a subsidiary of Quality Systems, Inc. (Nasdaq:QSII), today announced that the company's NextGen EMR (Electronic Medical Records) application was among four winners in the Ambulatory Care: Clinical/Patient Information Systems category and the NextGen EPM (Enterprise Practice Management) application was the sole winner in the Administrative/Financial Systems category. In addition, The Ogden Clinic, a NextGen Healthcare client, was the recipient of the prestigious "Clinic of the Year" award.
The awards were presented during an awards ceremony conducted in connection with the Healthcare Information and Management Systems Society (HIMSS) conference in Dallas, TX.
Annually since 2001, Microsoft Healthcare Users Group (MS-HUG) and Microsoft Corp. have partnered to sponsor the MS-HUG Annual Awards. Their awards acknowledge healthcare organizations and individuals who exhibit the best use of Microsoft-based products, as well as independent software vendors (ISVs) and Systems Integrators (SIs) that develop solutions on Microsoft technology for the healthcare industry.
MS-HUG evaluates award applicants on the extent to which they provide significant business benefits to healthcare organizations and improve patient care. The Administrative/Financial Systems category rewards the best administrative or financial system in both Acute and Ambulatory Care and the Ambulatory Care: Clinical/Patient Information Systems category rewards the best clinical or patient information system in an ambulatory care setting. The Microsoft Clinic of the Year Award is presented annually to the clinic that innovatively applies technology to improve patient care or practice efficiency.
About MS-HUG
The nonprofit Microsoft Healthcare Users Group is the leading healthcare industry forum for exchanging ideas, promoting learning and sharing solutions for information systems using Microsoft technologies. MS-HUG works to provide industry leadership, drive appropriate standards and develop associated requirements in support of healthcare solutions. Microsoft Healthcare Users Group (MS-HUG) unified with The Healthcare Information and Management Systems Society (HIMSS) as part of the HIMSS Users Group Alliance Program in October 2003. More information can be found on MS-HUG's Web site at www.mshug.org.
About Microsoft
Founded in 1975, Microsoft (NASDAQ:MSFT) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software -- any time, any place and on any device.
About The Ogden Clinic
The Ogden Clinic is a balanced multi-specialty clinic located in Ogden, Utah. It is the only such clinic in Ogden and one of the largest in the state. From its modest beginning fifty years ago, the clinic has become a well-recognized group of medical specialists who provide high quality care. Currently, the clinic has 53 providers, approximately 250 employees, 6 locations and 18 different specialties to care for the medical needs of the Ogden Valley community.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ:QSII), develops and markets computer-based practice management and electronic medical records systems for medical and dental group practices. Please visit www.nextgen.com and www.qsii.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.
--30--SM/la*
CONTACT: NextGen Healthcare Information Systems, Inc. Patrick Cline, 215-657-7010 www.nextgen.com or CCG Investor Relations William F. Coffin or Sean Collins, 818-789-0100 www.coffincg.com
KEYWORD: TEXAS PENNSYLVANIA TRACK INDUSTRY KEYWORD: MEDICAL SOFTWARE NETWORKING TRADESHOW PRODUCT SOURCE: NextGen Healthcare Information Systems, Inc.
Copyright Business Wire 2005
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