Irvine-based Quality Systems Inc. (Nasdaq: QSII) reported $133.2 million in revenue for its latest quarterly results, a 1.7% year-over-year increase.
It also reported quarterly earnings of $0.18 per share for the quarter ending in June, compared to a loss per share of $0.17 a year ago.
Shares in the company are up some 3.5% since the July 31 earnings announcement. The company has a market value of $1.3 billion.
Quality operates under the NextGen Healthcare name, which develops health information management software. Products and services include electronic health records management, prescription management, physician and patient engagement and medical billing.
President and Chief Executive Rusty Frantz said during an earnings call this week that growth is a result of “uptick in both deal flow and deal size with revenue cycle management” as well as clients upgrading to its “all-in” integrated offerings.
The all-in deals include electronic health record management, practice management, mobile platform and population health analytics.
Quality added its analytics platform when it bought cloud-based analytics company EagleDream Health Inc. a year ago for about $26 million.
