NextGen Healthcare Announces Appointment of New COO
April 04 2017 - 5:00PM
Business Wire
NextGen Healthcare Information Systems, LLC, a wholly owned
subsidiary of Quality Systems, Inc. (NASDAQ: QSII), announced today
that on March 31, 2017, Mr. Dan Morefield tendered his resignation
as the Company’s Executive Vice President and Chief Operating
Officer, effective April 15, 2017. Mr. Morefield has served as
a member of the Company’s executive team since 2012. Most notably
he led the evolution of our Revenue Cycle Management business while
we searched for a RCM domain expert capable of evolving our
offering to the next level. Allen Plunk recently joined NextGen as
SVP, RCM Operations. With this addition, Dan will now exit the
organization and move on to his next challenge.
Scott Bostick will assume the role of Chief Operating Officer
adding Revenue Cycle Operations to his current responsibilities,
leading our Client Success organization – comprised of Sales,
Marketing, Service, and Implementation. In this expanded role,
Scott will focus on ensuring tight coordination between our RCM
operations and our Client Success team, to provide an even more
seamless and simplified experience for our clients.
Mr. Bostick joined NextGen as EVP, Chief Client Officer early in
CY2016. Before joining NextGen, he served as the Senior Vice
President leading the America's Commercial Organization
for CareFusion, 2009-2015. Prior to that Bostick served
in a number of VP and General Manager roles leading business
units for Cardinal Health, 1998-2009.
“These organizational changes are the next step in the
evolution of our company, as we position NextGen for success in the
new world of value-based healthcare,” said Rusty Frantz, President
and CEO. “They will enable us to more effectively deliver the
entire NextGen portfolio of software and services across our
significant client base. I am excited for the future.”
About Quality Systems, Inc.
Quality Systems, Inc. and it’s wholly owned subsidiary, NextGen
Healthcare, develop and provide a range of software and services
for medical and dental group practices. The Company's solution
portfolio is readily integrated and collectively positioned to
reduce total cost of ownership for its client partners, as well as
enable the transition to value-based healthcare. Visit www.qsii.com
and www.nextgen.com for additional information.
SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within
the meaning of the federal securities laws, including but not
limited to, statements made by Rusty Frantz, President and CEO and
statements regarding future events, developments in the healthcare
sector, the Company's future performance, as well as management's
expectations, beliefs, intentions, plans, estimates or projections
relating to the future. Risks and uncertainties exist that may
cause the 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 and additional risks and uncertainties
are set forth in Part I, Item A of our most recent Annual Report on
Form 10-K for the fiscal year ended March 31, 2016 and
subsequently filed Quarterly Reports on Form 10-Q, including but
not limited to: 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 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; and the Company's ability or inability to attract and
retain qualified personnel. These forward-looking statements speak
only as of the date hereof. The Company undertakes no obligation to
publicly update any forward-looking statements, whether as a result
of new information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170404006307/en/
For Investor Relations Inquiries:Quality Systems,
Inc.Jamie Arnold, 949-255-2600Chief Financial
OfficerJArnold@nextgen.comorFor Media and Public Relations
Inquiries:NextGen HealthcareMamie Barker,
215-657-7010mmbarker@nextgen.com
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