Quality Systems' Competitors Are Better

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About: NextGen Healthcare, Inc. (NXGN), Includes: ATHN, CERN, MDRX
by: Long Term Insights
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Long Term Insights
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Summary

QSII offers software solutions for the Healthcare Information Technology market.

Good organic growth as indicated by 81% in recurring sales, but profitability is poor.

Rising debt position with less cash in hand, which might indicate that liquidity is in trouble.

Competitors are in a far better position than QSII.

Quality Systems (QSII) is engaged in the healthcare information technology (“HCIT”) solutions market. It provides integrated platforms to healthcare firms to address patient information management, clinical support and referral management and medical billing