Quality Systems, Inc. (QSII) develops and markets healthcare information systems that automate medical and dental practices, and networks of practices in the United States.
Its QSI Dental division focuses on developing, marketing, and supporting software suites for dental group organizations. This division also sells cloud-based Software as a Service model practice management and clinical software solutions; and develops, markets, and provides electronic data interchange (EDI) services to dental practices, including electronic submission of claims to insurance providers, as well as automated patient statements.
The companys NextGen division provides integrated clinical, financial, and connectivity solutions for ambulatory and dental provider organizations, including NextGen Ambulatory product suite comprising electronic health records, practice management, population health solutions, analytics, patient portal, documentation management, ePrescribing solutions, mobile solutions, and NextPen; and interoperability solutions, such as NextGen health information exchange and share solutions. This division also provides EDI, hosting, data protection, and consulting services.
Its Hospital Solutions division offers integrated clinical, financial, and connectivity solutions for rural and community hospitals; and develops and markets revenue cycle management and clinical information systems software products for the small and specialty hospital market.
The companys RCM Services division provides technology solutions and consulting services to cover healthcare providers RCM needs that include billing and collections, electronic claims submission, electronic remittance and payment posting, accounts receivable follow-up, and expertise and support services.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.
52-Weeks Trading Range: $12.01 - $18.75
Entry Point: $16.50
Stop Loss: $15.65
Target Price: $18.15
QSII closed at $14