HORSHAM, Pa. -- (BUSINESS WIRE) -- 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 announced its NextGen® Ambulatory EHR version 5.8 solution meets the latest ICD-10 standards. The Company also announced a variety of resources to help both clients and non-clients successfully transition to ICD-10.
In March 2013, NextGen Healthcare became one of the first Electronic Health Record (EHR) vendors in the nation to achieve ONC-HIT 2014 Edition certification as a complete EHR, for both ambulatory and inpatient settings. This certification included meeting criteria for both ICD-10 and Meaningful Use Stage 2.
The transition to ICD-10 has a substantial impact on documentation of clinical care, physician productivity and practice reimbursement, and successful transition requires coordination between providers and their respective vendor.
“We realize the complexity of ICD-10 and the challenges facing providers as they transition from ICD-9 to ICD-10 diagnosis and procedure coding. This transition can potentially have a devastating effect on the financial health of U.S. healthcare providers,” said Michael Lovett, executive vice president and general manager for NextGen Healthcare. “To aid in mitigating that risk, we have developed ICD-10 compliant, Meaningful Use Stage 2-ready solutions and significant resources to help our clients succeed. Sharing some key educational and testing portions of our ICD-10 transition solutions and knowledge with the industry supports our long-term strategic direction toward a more open and accessible suite of solutions.”
In addition to its client-specific programs, NextGen Healthcare clients and all other interested health IT stakeholders seeking ICD-10 transition support will now have access to the following NextGen Healthcare ICD-10 transition educational resources and tools:
Comparison Testing Tool:
“The transition to ICD-10 is a challenging process for every provider and healthcare facility in the nation, and we want to help clients and non-clients alike ensure a seamless, easy and successful transition,” added Lovett. “As an industry leader, NextGen Healthcare is taking many steps to help providers stay calm and succeed with ease.”
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.
Certain statements in this news release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements made by Michael Lovett related to ICD-10 and the Company’s future products and offerings, and developments and trends in the healthcare industry. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from the Company’s expectations and projections. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include 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 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 our software; changing economic, political or regulatory influences in the healthcare industry; 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; and general economic conditions. Additional risks and uncertainties are 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 subsequent Quarterly Reports on Form 10-Q. The Company expressly disclaims any intent or obligation to update these forward-looking statements except as required by law.
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