Tina
16 years ago
QSII $ 46.95
Quality Systems Inc. -1.22
Shares Short 8,550,500
Days To Cover (Short Ratio) 14.6
Short % of Float 46.39 %
Short % Increase/Decrease 16.11 %
Squeeze Ranking™ 342
Price % Change (52-wk) 50.50 %
% from 52-Week HIGH ( 48.46 ) -3.22 %
% from 200 DAY MA ( 38.89 ) 17.17 %
% from 50 Day MA ( 40.10 )
14.59 %
% from 52-Week LOW ( 25.70 ) 45.26 %
Shares Short -Prior Mo 7,364,300
Todays Trading Volume 323,430
Avg. Daily Volume 584,100
Volume vs. Avg 55.37 %
Market Cap 1,332,008,027
Outstanding Shares 28,370,778
Float 18,430,000
% Held by Insiders %
% Held by Institutions %
EPS 1.63
PE Ratio 29.60
Sector: Technology
Industry: Healthcare Information Services
SI Record Date 2009-MarB
Exchange NAS
EZ2
19 years ago
OT: of interest................
Brownback visits Cerner, promotes 'debit card' medical records
Tuesday April 11, 5:36 pm ET
U.S. Sen. Sam Brownback, R-Kansas, said Tuesday that he will propose legislation to allow Americans to carry their electronic health records with them "in debit-card fashion."
Brownback detailed his proposal for "an independent health care record banking system" during an appearance at the North Kansas City headquarters of health care technology vendor Cerner Corp.
Cerner President Trace Devanny said that the system will rely on the success of federal efforts to establish standards for the exchange of health care information. Once that occurs, he said, Cerner (Nasdaq: CERN - News) will "absolutely" participate as a provider of the service.
Brownback said his legislation calls for the secretary of the U.S. Department of Health and Human Services to set up parameters for authorizing corporations, cooperatives and other groups to become providers of the banking service.
Subject to government price caps, the legislation would allow authorized providers to sell the service, which would include collecting, storing and transmitting individuals' health care data, Brownback said. The bill also would enable the providers to sell the stored data of willing consumers in aggregate form for research and other purposes.
"My guess is that there are a lot of people who would say, 'I don't want my records revealed to anybody, generically, group or individual,'" Brownback said.
Because the records will remain the property of the individual, that wish will be honored, he said. But those consumers probably will be charged a higher rate for the service.
In essence a nongeographic version of the regional health information organizations, or RHIOs, popping up across America, the health record banking service would reduce costs by eliminating duplicate diagnostic procedures, DeVanny said. It also could prevent negative medical outcomes, such as adverse drug reactions, by giving all of a participating patient's care providers access to the patient's prescription and treatment histories, he said.
Brownback said that additional record-sharing capabilities are needed because of the fragmented nature of the U.S. health care system and the spiraling costs of health care.
"We're in a crisis in health care in this country ...," Brownback said. "By 2015, we could have 20 percent of our GDP involved in the health care system. ...
"We're looking at a government health care system right now that, by 2015, could consume $4 trillion from the government sector on an annual basis. ... To give you a little perspective, right now the federal government's annual budget is about $2.3 trillion."
Published April 11, 2006 by the Kansas City Business Journal
EZ2
19 years ago
one-time CASH dividend info:
Quality Systems, Inc. Announces One-Time Cash Dividend
Monday January 30, 8:00 am ET
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 30, 2006--Quality Systems, Inc. (NASDAQ:QSII - News) announced today that its Board of Directors has declared a one-time cash dividend of $1.75 per share payable on its outstanding shares of common stock.
The cash dividend record date is February 24, 2006 and is expected to be distributed to shareholders on or about March 16, 2006.
About Quality Systems
Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records, and connectivity applications for medical and dental group practices. Visit www.qsii.com and www.nextgen.com for additional information.
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. 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: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; seasonal patterns of sales and customer buying behavior; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; undetected errors or bugs in software; 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.
Contact:
Quality Systems, Inc.
Paul Holt, 949-255-2600
www.qsii.com
or
CCG Investor Relations
William F. Coffin or Sean Collins, 310-477-9800
www.ccgir.com
--------------------------------------------------------------------------------
Source: Quality Systems, Inc.
EZ2
19 years ago
latest split info...............
Quality Systems Splits Stock 2-For-1
Tuesday January 31, 8:44 am ET
Quality Systems Declares 2-For-1 Stock Split
IRVINE, Calif. (AP) -- Quality Systems Inc., a provider of information management software for medical and dental practices, said Tuesday that its board has declared a 2-for-1 stock split.
The stock split record date is March 3, and is expected to be distributed to shareholders by March 24.
Quality Systems currently has about 13.2 million shares outstanding.
EZ2
19 years ago
BOD update ---------------------------->
Quality Systems, Inc. Prevails in Board of Directors Litigation
Monday March 27, 8:00 am ET
IRVINE, Calif.--(BUSINESS WIRE)--March 27, 2006--Quality Systems, Inc. (NASDAQ:QSII - News) today announced that the Company has prevailed in the Orange County Superior Court litigation brought by Ahmed Hussein contesting the results of the Company's 2005 Board of Directors election. Judge William M. Monroe issued a decision upholding the validity of the previously announced election results and finding that plaintiff was not entitled to equitable relief.
Chairman of the Board Sheldon Razin commented, "The Company is pleased that the Court has rejected Mr. Hussein's challenge and confirmed the election and the judgment of the independent inspector of elections. It is unfortunate, however, that Mr. Hussein has been able to use this lawsuit to distract the Company and consume our shareholders' resources for the past five months."
About Quality Systems
Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records, and connectivity applications for medical and dental group practices. Visit www.qsii.com and www.nextgen.com for additional information.
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. 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: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; seasonal patterns of sales and customer buying behavior; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; undetected errors or bugs in software; 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.
Contact:
Quality Systems, Inc.
Sheldon Razin, 949-255-2600
www.qsii.com
or
CCG Investor Relations
Sean Collins, 310-477-9800
www.ccgir.com
--------------------------------------------------------------------------------
Source: Quality Systems, Inc.