Quality Systems, Inc. is one of the leading developers and providers of computer-based practice management systems for medical and dental group practices. Its two wholly-owned subsidiaries are Clinitec International, Inc., and MicroMed Healthcare Information Systems, Inc. Clinitec is a developer and provider of electronic medical records systems, MicroMed provides enterprise practice management systems and services to the medicalmarketplace utilizing a Microsoft Windows based graphical user interface client/server platform.
18111 VON KARMAN AVENUE SUITE 700 IRVINE, CA 92612, USA Phone: 949-255-2600 Fax: 949-255-2605 Web: http://www.qsii.com/
Industry:MEDICAL INFO SYS Sector: Medical Fiscal Year End:March Last Reported Quarter:03/31/12 Next EPS Date:07/26/12
Capital Structure Solvency and Cash Flow
Balance Sheet and Cash Flow
QSII had cash and marketable securities of $88.0 million at the end of 3Q10 versus $83.6 million at the end of 2Q10 and $78.9 million at the end of FY09. QSII had no debt at the end of 3Q10.
In 3Q10, Days Sales Outstanding (DSO) declined 16 days y/y to 124 days and flat sequentially. By division, NextGen DSO was 126 (down 17 days y/y and flat sequentially) and QSI DSO was 89 (up 7 days y/y and up 4 days sequentially).
Last edited Thu Feb 25, 2010 03:32 AM by SudiptaMukherjee (Zacks Investment Research)
Governance Social Responsibility and Employee Relations
The Healthcare Information Technology (HCIT) market is competitive and fragmented. QSII competes with better-capitalized companies, including GE, Siemens, McKesson, and Cerner.
The QSII management does not provide any financial guidance nor does its earned revenue reflect Street expectations. These factors may affect the company’s short-term results, even though its long-term fundamentals remain solid.
Last edited Thu Feb 25, 2010 03:33 AM by SudiptaMukherjee (Zacks Investment Research)
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Last Modification: Thursday 03 of June, 2010 08:39:58 CDT by WikiMigrationBot.
