|By Business Wire||
|August 9, 2013 05:00 AM EDT||
NextGen Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading provider of healthcare information systems and connectivity solutions, today announced it has selected Clinical Architecture’s Symedical® Server for its terminology integration architecture. Employing this integration architecture will enhance interoperability and clinical terminology management within the NextGen® Hospital Solutions suite.
NextGen Hospital Solutions will utilize the Symedical Server solution to assist in terminology interoperability with different information technology systems, resulting in the exchange of more meaningful data. Symedical Server is a software architecture with engines, frameworks, application programming interfaces (APIs) and other components designed to actively manage the utilization of terminologies in healthcare.
Symedical Server will automate the processes of normalizing terms to a consistent domain-specific format, standardizing data to required terminology standards and seamlessly integrating them into NextGen Hospital Solutions suite. By using this solution, NextGen Healthcare has reduced the development effort required to make its Hospital Solutions products compliant with the interoperability requirements for Meaningful Use Stage 2 (MU2) and ICD-10 conversion. NextGen Healthcare has also created a platform that will allow for the management of terminology into the future, regardless of changes made to standards or government requirements.
With this partnership, NextGen Hospital Solutions clients will benefit from improved functionality and more accurate and consistent translation of terminologies to meet the interoperability requirements outlined in MU2.
“Acquiring, updating, mapping and exchanging the required Meaningful Use terminology standards and value sets have become a critical success factor for system vendors and end users alike,” said Charlie Harp, chief executive officer of Clinical Architecture. “Through the integration of Symedical, NextGen has not only addressed today’s MU requirements, but also positioned their clients for success by delivering a powerful terminology management platform for handling all future terminology challenges as well.”
“With MU2 fast approaching for our clients, data mapping has become a necessity for all hospital EHR vendors. Every hospital has its own local catalogs with local codes for medications, labs, radiology exams and the like,” said Dan Morefield, chief operating officer for Quality Systems, Inc. “Symedical Server allows us to efficiently complete the mapping of these diverse catalogs to standardized data that will help each hospital report accurate data for MU.”
About Clinical Architecture
Clinical Architecture is the leading innovator in healthcare terminology management technology. While healthcare market forces and regulatory requirements have elevated the importance of managing information as coded data, or terminology; traditional tools and methods have not evolved to meet the challenge. Clinical Architecture is moving healthcare forward by providing innovative software solutions for managing the complexities of healthcare terminologies. Symedical® is a registered trademark of Clinical Architecture, LLC. For more information, please visit www.ClinicalArchitecture.com.
About NextGen Healthcare
NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems, Inc., provides integrated clinical, connectivity and financial solutions, including revenue cycle management services 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, Facebook at http://www.facebook.com/NextGenHealthcare or LinkedIn at http://www.linkedin.com/company/nextgen-healthcare-information-systems.
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 © 2013 NextGen Healthcare Information Systems, LLC. All rights reserved.
NextGen is either a registered trademark or trademark of QSI Management, LLC, an affiliate of NextGen Healthcare Information Systems, LLC. All other names and marks are property of their respective owners. Patent pending.