NextGen Healthcare Partners with Humana to Accelerate Adoption and Exchange of Electronic Health Records
Agreement to subsidize EHRs for selected health care providers within
Humana's Medicare Advantage program; Rewards for improved clinical
performance and outcomes
HORSHAM, Pa.--(BUSINESS WIRE)--
NextGen
Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality
Systems, Inc. (NASDAQ: QSII), and leading provider of healthcare
information systems and connectivity solutions, announced today it has
entered into an agreement with Humana Inc. (NYSE: HUM) to accelerate the
adoption of electronic health records (EHRs) and the exchange of
critical health and billing information among health care providers.
The agreement falls under Humana's Medical Home EHR Rewards Program,
whereby Humana will provide financial assistance to selected physicians
for the purchase of NextGen®
Ambulatory EHR and reward them for improved clinical performance.
Under this agreement, the two companies are working together to allow
providers using the NextGen Ambulatory EHR to exchange patient health
information with and receive payer transaction information from Humana,
and then populate this critical data in the patient's record. This
collaboration enables providers to know virtually every test and
procedure done for a patient across his or her entire care community. It
is one of the first steps toward eliminating duplicate and unnecessary
tests, as well as achieving the goals of a medical home.
Humana will subsidize NextGen Ambulatory EHR licenses for qualifying
providers affording them access to patient-specific, clinical quality
information; advanced clinical decision support at the point of care;
and opportunities for improved care coordination.
"Humana has been impressed with the comprehensive EHR and practice
management system offered by NextGen Healthcare, and we are confident
that it can play an important role in transforming the quality of the
patient care delivered to our members," said Renee Buckingham, Vice
President of Provider Engagement at Humana.
Scott Decker, President of NextGen Healthcare, added: "This is a great
opportunity for Humana's participating providers to gain access to EHR
and practice management solutions that can enhance their practices. In
addition, we intend to further collaborate on connectivity solutions, as
the market transitions to a totally integrated model that will drive
better quality of life for patients, improved outcomes and lower
healthcare costs."
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., 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, Inc. All rights
reserved. NextGen and NextPen are either registered trademarks or
trademarks of NextGen Healthcare Information Systems, Inc. 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
mrovner@nextgen.com
Source: NextGen Healthcare
News Provided by Acquire Media
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