Nextgen Healthcare Unveils Money-Back Guarantee Program
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Leading EHR and Practice Management Vendor Aims to Help Physicians Meet All Standards and Certifications for Federal Stimulus Reimbursement Programs While Reducing Investment Risk HORSHAM, Pa.--(Business Wire)-- NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading provider of ambulatory healthcare and connectivity solutions, today announced its new Money-Back Guarantee Program. The Program will reduce the investment risk for physicians by guaranteeing* the following: a solution that will always evolve to meet the standards and certifications for federal stimulus reimbursement programs of interest to physicians using NextGen Healthcare products; a solution that uses open standards and enables generally seamless communication across the healthcare community; a fully-functional solution, and swift and professional implementation; and top quality training and support. "Now that the Health Information Technology for Economic and Clinical Health (HITECH)Act has been passed into law, it is even more critical for physicians to make smart investments when it comes to healthcare technology and to know they`re making the right decision," said Patrick Cline, president of NextGen Healthcare. "Through this new money-back guarantee program, our clients can feel confident that their new NextGen systems will work properly and will help them meet federal guidelines outlined in the new legislation. They can also feel comfortable that NextGen Healthcare will stand behind them and their investment." The Program is applicable to NextGen Healthcare`s full suite of products, which includes NextGen® EHR (Electronic Health Record), NextGen EPM (Enterprise Practice Management), NextGen CHS (Community Health Solution) and the NextMD® patient portal. These products can be customized to fit the unique workflow and content needs of various care settings and specialties. * For more details on terms and conditions for NextGen Healthcare`s Money-Back Guarantee Program, please visit www.nextgen.com/offers. About NextGen Healthcare NextGen Healthcare Information Systems, Inc. a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), provides integrated electronic health record and practice management systems, connectivity solutions, and billing services for hospitals and ambulatory practices of all sizes and specialties. For more information about NextGen, please visit www.nextgen.comand www.qsii.com. 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. NextGen Healthcare Information Systems, Inc. Brian Parrish, 770-576-2544 bparrish@dodgecommunications.com Copyright Business Wire 2009
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