NextGen Healthcare Completes Acquisition of EagleDream Health Inc.
August 16 2017 - 6:01PM
Business Wire
NextGen Healthcare Information Systems, LLC, a wholly owned
subsidiary of Quality Systems, Inc. (NASDAQ: QSII), announced today
the completion of the previously announced acquisition of
EagleDream Health Inc., a software analytics solutions company.
Headquartered in Rochester, N.Y., EagleDream Health is a
cloud-based analytics company that drives meaningful insight across
clinical, financial and administrative data to optimize practice
performance.
“We’re very excited to conclude our acquisition of EagleDream
Health, which represents a significant milestone toward achieving
our goal of becoming a complete value-based care solution
platform,” said Rusty Frantz, NextGen Healthcare President and CEO.
“The addition of EagleDream Health’s sophisticated, vendor-agnostic
platform will help ensure our clients’ success and support the
quadruple aim of enhancing both the patient and provider
experience, improving clinical outcomes, and lowering the cost of
care.”
About Quality Systems, Inc.
Quality Systems, Inc., known to our clients as NextGen
Healthcare, provides software, services, and analytic solutions to
the ambulatory care market. We are a healthcare information
technology and services company that delivers foundational
capabilities to organizations that want to promote healthy
communities. Our technology provides a customizable platform that
empowers physician success, enriches the patient care experience
and lowers the cost of 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 federal securities laws, including
but not limited to statements regarding the anticipated impact of
the EagleDream Health Inc. 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, the
potential that the expected benefits and opportunities of the
acquisition of EagleDream Health Inc. may not be realized or may
take longer to realize than expected; potential delays,
inefficiencies or failures in integrating EagleDream Health Inc.’s
personnel, systems and business with the Company; and market and
financial conditions which may impact the performance of EagleDream
Health Inc. The foregoing factors are in addition to the 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170816006087/en/
For Investor Relations Inquiries:Quality Systems,
Inc.:Jamie Arnold, 949-255-2600Chief Financial
OfficerJArnold@nextgen.comorFor Media and Public Relations
Inquiries:Finn Partners:Agata Porter,
212-715-1595agata.porter@finnpartners.com
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