IRVINE, Calif.--(BUSINESS WIRE)--
NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary
of Quality Systems, Inc. (NASDAQ: QSII), announced today the completion
of the previously announced
acquisition of EagleDream
Health Inc., a software analytics solutions company. Headquartered
in Rochester, N.Y., EagleDream Health is a cloud-based analytics company
that drives meaningful insight across clinical, financial and
administrative data to optimize practice performance.
"We're very excited to conclude our acquisition of EagleDream Health,
which represents a significant milestone toward achieving our goal of
becoming a complete value-based care solution platform," said Rusty
Frantz, NextGen Healthcare President and CEO. "The addition of
EagleDream Health's sophisticated, vendor-agnostic platform will help
ensure our clients' success and support the quadruple aim of enhancing
both the patient and provider experience, improving clinical outcomes,
and lowering the cost of care."
About Quality Systems, Inc.
Quality Systems, Inc., known to our clients as NextGen Healthcare,
provides software, services, and analytic solutions to the ambulatory
care market. We are a healthcare information technology and services
company that delivers foundational capabilities to organizations that
want to promote healthy communities. Our technology provides a
customizable platform that empowers physician success, enriches the
patient care experience and lowers the cost of healthcare. Visit www.qsii.com
for additional information.
SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS
Certain statements in this news release are forward-looking
statements within the meaning of federal securities laws, including but
not limited to statements regarding the anticipated impact of the
EagleDream Health Inc. acquisition. These forward-looking
statements may contain the words "believe," "anticipate," "continue,"
"expect," "plan," "potential," "predict," "estimate," "outlook,"
"project," "will be," "will continue," "will likely result," or other
similar words and phrases. The Company cautions investors not to place
undue reliance on any such forward-looking statements, which are based
on information available at the time those statements are made or
management's good faith belief as of that time with regard to future
events, and should not be read as a guarantee of future performance or
results. Risks and uncertainties exist that may cause 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 include, but are not limited
to, the potential that the expected benefits and opportunities of the
acquisition of EagleDream Health Inc. may not be realized or may take
longer to realize than expected; potential delays, inefficiencies or
failures in integrating EagleDream Health Inc.'s personnel, systems and
business with the Company; and market and financial conditions which may
impact the performance of EagleDream Health Inc. The foregoing
factors are in addition to the risks set forth in the Company's public
filings with the U.S. Securities and Exchange Commission, including the
discussion under the heading "Risk Factors" in the Company's most recent
Annual Report on Form 10-K and any subsequently filed Quarterly Reports
on Form 10-Q. These forward-looking statements speak only as of the date
hereof. The Company expressly disclaims any intent or obligation to
update these forward-looking statements except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170816006087/en/
For Investor Relations Inquiries:
Quality Systems, Inc.:
Chief Financial Officer
Media and Public Relations Inquiries:
Source: NextGen Healthcare Information Systems, LLC
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