NextGen Healthcare Completes Acquisition of Entrada, Inc.
April 17 2017 - 9:00AM
Business Wire
NextGen Healthcare Information Systems, LLC, a wholly owned
subsidiary of Quality Systems, Inc. (NASDAQ:QSII),
announced today the completion on April 14, 2017 of the previously
announced acquisition of Entrada, Inc. (Entrada), a leading
provider of cloud-based mobile solutions that drive clinical
efficiencies and physician satisfaction. Based in Nashville, TN,
Entrada is committed to reshaping the way care is delivered.
Entrada’s best-in-class mobile app integrates with multiple
clinical platforms and all major EHRs.
“The acquisition of Entrada demonstrates our commitment to
deliver systematic solutions that meet our clients’ transforming
work requirements to become increasingly nimble and mobile,” said
Rusty Frantz, President and CEO. “This market ready solution
enhances the value of our current enterprise provider platforms and
delivers increased productivity and higher satisfaction for
physicians, enabling a richer patient-provider experience.”
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
Certain statements in this news release are forward-looking
statements within the meaning of the federal securities laws,
including but not limited to statements regarding the anticipated
impact of the Entrada 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,
successfully integrating Entrada’s personnel, systems and business,
and market and financial conditions which may impact the
performance of Entrada as well as those 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/20170417005328/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
Quality Systems (NASDAQ:QSII)
Historical Stock Chart
From Aug 2024 to Sep 2024
Quality Systems (NASDAQ:QSII)
Historical Stock Chart
From Sep 2023 to Sep 2024