By HORSHAM, PA.
NextGen Healthcare Information Systems, LLC., a wholly owned subsidiary ofQuality Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare information systems, services and interoperability solutions, announced today that its NextGen RCM Services offering has earned top ranking in the KLAS 2014 Ambulatory RCM Services “Uncovering Truths When Services Are Outsourced” report (i).
In the newly released report, KLAS, a leading healthcare technology ratings provider, ranks the best-performing healthcare IT vendors providing outsourced billing/revenue cycle management (RCM) on their overall performance and performance in key RCM areas such as: effectiveness of claims processing; transparency into billing/financial operations; denials and rejections management; sustainability of pricing; trust as a business partner and, efficiencies gained through the partnership. 2014 marks the first of the performance evaluation for Ambulatory RCM Services (i).
NextGen RCM Services received the most favorable ranking among select vendors (ii) for its overall performance. NextGen Healthcare is also ranked highest of any ambulatory vendor for its performance in the following key RCM areas: effectiveness of claims processing; patient-facing support performance; efficiency gained by customers; sustainability of pricing; and, trust as a business partner.
The KLAS report states RCM customers see NextGen as a trusted business partner due to highly effective, well-managed claims processing and that customers gave NextGen top scores for claims processing, saying that NextGen makes them more efficient by effectively billing and processing claims in the background.
“The ever-increasing complexities of healthcare reimbursement have placed an emphasis on revenue cycle effectiveness. It’s extremely gratifying to be recognized by our clients as a leader in efficiently managing the business of transforming patient care into positive financial outcomes. We are particularly pleased that 100 percent of NextGen respondents view us as a trusted business partner due to our transparency, consistent delivery and willingness to fix mistakes,” said Monte Sandler, executive vice president for NextGen RCM Services. “We congratulate the other vendors recognized and together, as leaders in this industry, we will work to help providers prepare for the many changes happening in healthcare today.”
“The ambulatory EMR/PM vendors that can effectively attain the status of ‘trusted business partner’ in the RCM services space are the ones creating transparency, enabling operational consistency and relieving the greatest stresses on providers,” said report author, Erik Bermudez.
About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment and infrastructure systems to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter atwww.twitter.com/KLASresearch.
(i) “2014 Best in KLAS Awards 2014 Ambulatory RCM Services,” October, 2014. (c) 2014 KLAS Enterprises, LLC. All rights reserved. www.KLASresearch.com.
(ii) Surveyed vendors include athenahealth, Cerner, eClinicalWorks, Kareo, and NextGen Healthcare.
About NextGen Healthcare
NextGen Healthcare Information Systems, LLC, 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 andwww.qsii.com.
Follow NextGen Healthcare on Twitter at www.twitter.com/nextgen, Facebook athttp://www.facebook.com/NextGenHealthcare or LinkedIn athttp://www.linkedin.com/company/nextgen-healthcare-information-systems.
Certain statements in this news release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements made by Monte Sandler related to the Company’s future products and offerings. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from the Company’s expectations and projections. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the possibility that products will not achieve or sustain market acceptance; the 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 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 our software; changing economic, political or regulatory influences in the healthcare industry; 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; and general economic conditions. Additional risks and uncertainties are 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 subsequent Quarterly Reports on Form 10-Q. The Company expressly disclaims any intent or obligation to update these forward-looking statements except as required by law.
© 2014 Quality Systems, Inc., Irvine, CA 92612
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