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QSII $22.35

QSII target price
22.35
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0
Quality Systems, Inc.
Type
Public
Traded as NASDAQ: QSII
S&P 600 Component
Industry Technology, Healthcare information services
Founded 1974
Headquarters Irvine, California, United States
Key people

Rusty Frantz
(Chief Executive Officer, President and Director)
John K. Stumpf
(Interim Chief Financial Officer and Principal Accounting Officer)

Daniel J. Morefield
(Chief Operating Officer) (Dec 31, 2013)
Revenue $ 440.76M (Dec 31, 2013)
Number of employees
2,295
Website www.qsii.com

Rusty Frantz
(Chief Executive Officer, President and Director)
John K. Stumpf
(Interim Chief Financial Officer and Principal Accounting Officer)

Quality Systems, Inc.(NASDAQ:QSII) was set up on April 24, 1974 and is now based in Irvine, California, marketing on the healthcare information systems and connectivity solutions in the United States. There are four divisions operating in the company, namely QSI Dental, NextGen, Hospital Solutions, and Revenue Cycle Management (RCM) Services. Systems of the company can manage the patient information efficiently, which help the patients to redesign patient care and other workflow processes. On April 15, 2012, it acquired Matrix Management Solutions, LLC (Matrix). In September 2013, it acquired Mirth Corporation.

The QSI Dental division provides software suites (web-based), electronic data interchange (EDI) services for dental organizations to dental practices. The NextGen division provides solutions for ambulatory and dental organizations, including NextGen Ambulatory product suite, NextPen, and NextGen Community Connectivity products. The two divisions’ software could automate patient records in community health centers and hospital settings. The Hospital Solutions division provides financial management and billing software for rural and community hospitals, and revenue cycle management for the small and specialty hospital. This division also provides clinical offerings like clinical documentation and computerized physician order entry. The RCM Services division provides billing and collections, electronic claims submission and remittance, and expertise and support services.

In January 2014, NextGen Healthcare Information Systems announced that Ambulatory EHR version 5.8 solution had reached the ICD-10 standards. In March 2013, The company as an electronic health record provider, won the ONC-HIT 2014 Edition certification.

In January 2014, Inovalon, Inc. reached a multi-year agreement with NextGen to integrate Inovalon's data analytics with NextGen Share. After the integration, users could exchange clinical data and referrals without leaving their electronic health record system through the platform even without any onsite clinical resources.

In November, 2013, a class action was filed against the company, for issuing false and misleading press releases, financial statements during the Class Period.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-08 Reiterated Rating Jefferies Group Hold
2016-06-08 Reiterated Rating Leerink Swann Hold
2016-06-08 Reiterated Rating Morgan Stanley Sell
2016-06-08 Lower Price Target Deutsche Bank Sell $13.00 to $12.00
2016-06-08 Reiterated Rating Oppenheimer Hold
2016-06-08 Lower Price Target Deutsche Bank AG Sell $13.00 to $12.00
2016-06-08 Reiterated Rating Oppenheimer Holdings Inc. Hold
2016-06-02 Boost Price Target SunTrust Neutral $12.00 to $13.00
2016-06-02 Boost Price Target SunTrust Banks Inc. Neutral $12.00 to $13.00
2016-05-23 Reiterated Rating Avondale Partners Market Perform $14.00
2016-05-22 Reiterated Rating FBR & Co. Hold
2016-05-22 Reiterated Rating KeyBanc Sell
2016-05-22 Reiterated Rating Deutsche Bank Sell
2016-05-22 Reiterated Rating FBR & Co Hold
2016-05-22 Reiterated Rating KeyCorp Sell
2016-05-20 Lower Price Target Topeka Capital Markets Buy $18.00 to $17.00
2016-04-28 Reiterated Rating Oppenheimer Hold
2016-03-16 Boost Price Target Leerink Swann Market Perform $15.00 to $16.00
2016-01-31 Lower Price Target Piper Jaffray Overweight $23.00 to $21.00
2016-01-31 Reiterated Rating Deutsche Bank Sell
2016-01-31 Lower Price Target Piper Jaffray Cos. Overweight $23.00 to $21.00
2016-01-29 Lower Price Target Raymond James Outperform $21.00 to $19.00
2016-01-29 Boost Price Target Jefferies Group Hold $12.00 to $15.00
2016-01-29 Lower Price Target Evercore ISI Hold $16.00 to $15.00
2016-01-29 Lower Price Target RBC Capital Sector Perform $16.00 to $15.00
2016-01-29 Lower Price Target Raymond James Financial Inc. Outperform $21.00 to $19.00
2016-01-29 Lower Price Target Royal Bank Of Canada Sector Perform $16.00 to $15.00
2016-01-27 Boost Price Target Robert W. Baird Neutral $14.00 to $17.00
2016-01-25 Upgrade Jefferies Group Neutral to Overweight
2016-01-25 Upgrade Piper Jaffray Neutral to Overweight $13.00 to $23.00
2016-01-07 Boost Price Target RBC Capital Sector Perform $14.00 to $16.00
2016-01-04 Upgrade Raymond James Market Perform to Outperform $21.00
2015-11-26 Downgrade Citigroup Inc. Neutral to Sell $26.00
2015-11-17 Reiterated Rating JPMorgan Chase & Co. Neutral $15.00
2015-11-03 Lower Price Target Cowen and Company Market Perform $17.00 to $15.00
2015-10-23 Reiterated Rating Leerink Swann Hold $14.00 to $15.00
2015-10-23 Boost Price Target Cowen and Company Market Perform $15.00 to $17.00
2015-10-21 Initiated Coverage Avondale Partners Market Perform $14.50
2015-10-16 Initiated Coverage Jefferies Group Hold
2015-07-28 Reiterated Rating Leerink Swann Hold
2015-07-27 Lower Price Target Leerink Swann Market Perform $17.00 to $14.00
2015-07-27 Upgrade RBC Capital Underperform to Sector Perform $14.00
2015-07-24 Reiterated Rating Topeka Capital Markets Buy $20.00 to $18.00
2015-07-23 Lower Price Target FBR & Co. Market Perform $17.00 to $14.00
2015-06-18 Initiated Coverage Stephens Market Perform
2015-06-17 Initiated Coverage Oppenheimer Market Perform
2015-06-11 Lower Price Target SunTrust Neutral $18.00 to $16.00
2015-06-09 Reiterated Rating Leerink Swann Market Perform $17.00
2015-06-09 Lower Price Target Topeka Capital Markets Buy $21.00 to $20.00
2015-05-29 Reiterated Rating Credit Suisse Underperform $17.00 to $18.00
2015-05-29 Reiterated Rating Credit Suisse Group AG Underperform $17.00 to $18.00
2015-05-24 Reiterated Rating Jefferies Group Hold $16.00 to $17.00
2015-03-18 Downgrade Robert W. Baird Outperform to Neutral $21.00 to $18.00
2015-03-09 Downgrade RBC Capital Sector Perform to Underperform $15.00 to $14.00
2015-01-26 Reiterated Rating Citigroup Inc. Sell $12.00 to $13.00
2015-01-22 Upgrade Evercore ISI Sell to Hold
2014-11-20 Downgrade RBC Capital Outperform to Sector Perform $18.00 to $15.00
2014-08-06 Reiterated Rating Credit Suisse Underperform $17.00 to $15.00
2014-07-21 Initiated Coverage Topeka Capital Markets Buy $19.00
2014-06-02 Reiterated Rating Citigroup Inc. Sell $15.00 to $12.00
2014-05-30 Reiterated Rating Cowen and Company Market Perform $20.00 to $19.00
2014-05-30 Reiterated Rating JPMorgan Chase & Co. Neutral $18.00 to $15.00
2014-05-30 Reiterated Rating Credit Suisse Underperform $20.00 to $17.00
2014-05-30 Reiterated Rating Deutsche Bank Sell $15.00 to $12.00
2014-05-30 Reiterated Rating Jefferies Group Hold $20.00 to $17.50
2014-05-21 Upgrade RBC Capital Sector Perform to Outperform $19.00
2014-04-23 Downgrade Morgan Stanley Equal Weight to Underweight $17.00 to $15.00
2014-04-15 Reiterated Rating Raymond James Market Perform
2014-04-14 Reiterated Rating KeyBanc Underweight $14.00
2014-03-14 Initiated Coverage SunTrust Neutral $17.50
2014-03-07 Upgrade FBR & Co. Underperform to Market Perform $16.00
2014-02-18 Initiated Coverage Citigroup Inc. Sell
2014-02-13 Initiated Coverage RBC Capital Sector Perform $19.00
2014-02-05 Lower Price Target KeyBanc $19.00 to $16.00
2014-01-24 Lower Price Target Oppenheimer $26.00 to $24.00
2014-01-24 Lower Price Target Jefferies Group $23.00 to $20.00
2014-01-13 Reiterated Rating B. Riley Buy $25.00
2013-11-20 Initiated Coverage Deutsche Bank Sell $17.50
2013-10-31 Initiated Coverage FBR & Co. Underperform $18.00
2013-10-25 Boost Price Target Robert W. Baird Outperform $26.00 to $28.00
2013-10-25 Boost Price Target Jefferies Group Hold $20.00 to $23.00
2013-10-04 Boost Price Target Oppenheimer Outperform $26.00
2013-10-03 Boost Price Target B. Riley Buy $27.00
2013-07-29 Upgrade Sterne Agee Neutral to Buy
2012-08-23 Reiterated ISI Group Hold $17 to $19.50
2012-07-27 Upgrade Oppenheimer Perform to Outperform $20
2012-07-12 Initiated Standpoint Research Accumulate $31
2012-05-15 Upgrade Auriga Hold to Buy $42 to $37
2012-05-11 Reiterated Maxim Group Buy $50 to $45
2011-07-28 Reiterated Auriga Hold $81 to $87
2016-06-08 Reiterated Rating Jefferies Group Hold
2016-06-08 Reiterated Rating Leerink Swann Hold
2016-06-08 Reiterated Rating Morgan Stanley Sell
2016-06-08 Lower Price Target Deutsche Bank Sell $13.00 to $12.00
2016-06-08 Reiterated Rating Oppenheimer Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
RAZIN SHELDON 17.00%  (10237374) QSII /
HUSSEIN AHMED D 9.44%  (5687696) QSII /
Arnold James Robert Jr. Chief Financial Officer 0.35%  (212156) QSII /
Frantz John R CEO and President 0.19%  (111844) QSII /
MARGOLIS JEFFREY H 0.11%  (63457) CROX / QSII /
Barbarosh Craig A. 0.10%  (62593) BV / QSII / SBRA /
Bristol George H 0.09%  (55847) QSII /
Bostick Scott E Chief Operating Officer 0.08%  (46813) QSII /
Metcalfe David A Chief Technology Officer 0.08%  (46813) QSII /
Rosenzweig Lance 0.07%  (43046) QSII / WIFI /
MALONE JAMES C 0.07%  (40603) QSII /
PANNER MORRIS 0.06%  (39128) QSII /
Pflueger Russell 0.05%  (29177) QSII /
MOREFIELD DANIEL EVP, Chief Operating Officer 0.04%  (21859) QSII /
Leavitt Jocelyn EVP, General Counsel/Secretary 0.03%  (17091) QSII /
STUMPF JOHN K Interim Chief FinancialOfficer 0.02%  (14887) CLGX / QSII /
Plochocki Steven T Chief Executive Officer 0.02%  (11122) QSII /
HOLT PAUL Chief Financial Officer 0.02%  (9950) NH / QSII /
Klapstein Julie D 0.02%  (9189) AMED / QSII / SR /
Decker Scott D President, NextGen Healthcare 0.01%  (9000) QSII /
Neufeld Donn EVP EDI and Dental 0.01%  (8864) QSII /
Brennan Murray F 0.01%  (8000) QSII /
SANDLER MONTE EVP NextGen RCM Services 0.01%  (5900) QSII /
NEUPERT PETER M 0.01%  (5836) LH / QSII /
Puckett Steve EVP Hospital Solutions 0.01%  (5794) QSII /
SPIVACK MAUREEN 0.01%  (5000) QSII /
DAVIS MARK H 0.01%  (3664) QSII /