NextGen Healthcare and Milliman, Inc. Enter into Agreement for Analytics and Risk Scoring Services
April 14 2015 - 5:00AM
Business Wire
Agreement to Provide Risk Analysis and
Predictive Modeling Tools for Population Health and Collaborative
Care Management
NextGen Healthcare Information Systems, LLC., a wholly owned
subsidiary of Quality Systems, Inc. (NASDAQ: QSII) and a leading
provider of healthcare information systems, services and
connectivity solutions, announced today it has entered into an
agreement with Milliman, Inc., a premier global consulting and
actuarial firm, to license risk analysis and predictive modeling
tools for population health and collaborative care management.
Under the agreement, Milliman will provide patient risk scoring,
stratification and analysis of Medicare patients and facilitate the
exchange of patient data among those providers utilizing NextGen®
Care, the Company’s new Population Health Solution. NextGen Care
works within the electronic health record (EHR) workflow to aid the
care management process. Likewise, the Milliman analytics are
surfaced within the clinical workflow to facilitate individual
patient care by the provider and care teams, as well as in support
of automated, proactive patient outreach to identify care
opportunities for individual and groups of patients alike. The
Milliman analysis provides a score or a percentile ranking of where
patients rank within the patient population to help identify and
proactively manage those patients most likely to be sick and those
with the highest treatment costs.
Moreover, patient risk scoring can identify individual patients
and patient cohorts for effective chronic disease management.
Cohorts are defined as a group of patients who share similar
symptoms, or chronic conditions that the care team monitors and
manages over a period of time. Providers can easily identify “high”
risk patients, cohorts and/or gaps in care so they can follow up
with the most effective clinical action resulting in improved
health outcomes for each patient and across the patient population.
This risk analysis will enable NextGen Healthcare clients to more
cost-effectively manage individual patients, patient populations
and their business while improving quality of care throughout their
practices.
“Value-based healthcare will require physicians and healthcare
systems to use sophisticated analytics that reveal opportunities
for improving quality and efficiency. The seamless transformation
of data can quickly increase an organization’s ability to deliver
high-quality care in an efficient manner,” said Arthur L. Wilmes,
FSA, MAAA Principal and Consulting Actuary for Milliman. “We are
pleased to work with an industry-leader like NextGen
Healthcare.”
“Mitigating risk is important to the success of any enterprise.
In healthcare, the more accurate data organizations can obtain
about their patient’s health risks, utilization and costs, the
better positioned they will be for success in our new value-based
delivery models,” said Michael Lovett, executive vice president and
general manager for NextGen Healthcare. “Through our collaborative
efforts with Milliman, we are deriving risk down to the patient
level – where actual health care takes place. By providing
actionable data at the point of care, we are helping providers make
more informed clinical decisions and develop interventions that
target high-risk, high-cost patients, thereby allowing for changes
in their cost structures and improvements in outcomes.”
About Milliman, Inc.
Milliman, Inc. is among the world's largest providers of
actuarial and related products and services. The firm has
consulting practices in life insurance and financial services,
healthcare, property & casualty insurance, and employee
benefits. Founded in 1947, Milliman is an independent firm with
offices in major cities around the globe. For further information,
visit www.milliman.com.
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, visit www.nextgen.com and
www.qsii.com. Follow us on Twitter, Facebook, LinkedIn and
YouTube.
About Quality Systems Inc.
Irvine, Calif.-based Quality Systems, Inc. and its NextGen
Healthcare subsidiary develop and market computer-based practice
management, electronic health records and revenue cycle management
applications as well as connectivity products and services for
medical and dental group practices and small hospitals. Visit
www.qsii.com and www.nextgen.com for additional information.
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 related to the use of
the Company’s future products and offerings, and those statements
made by Michael Lovett related to 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.
© 2015 Quality Systems, Inc., Irvine, CA 92612
® Marks owned by Quality Systems, Inc.
All other non-QSI Marks are the property of their respective
owners
Quality Systems Inc.For Media and Public Relations
Inquiries, Contact:NextGen HealthcareMichelle Rovner,
215-657-7010mrovner@nextgen.comorFor Investor Relations
Inquiries, Contact:Quality Systems, Inc.Susan J. Lewis,
954-389-3700slewis@qsii.com
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