49
Quality Systems (QSII)
Everybody knows the healthcare industry is sick of paperwork. Quality Systems of Irvine, Calif. has built a nice little business automating the information needs of medical and dental group practices, community health centers, and dental schools. Quality's software keeps track of patient information, appointment scheduling, billing, insurance claims processing, and treatment outcome studies. In the past two years, Quality's net income has more than doubled, to $16 million on sales of $88 million. The company has been in the news lately though for reasons other than its strong growth. Director and large shareholder Ahmed Hussein launched a proxy contest last year, saying the company's board wasn't truly independent and had been handpicked by founder Sheldon Razin, who was asked to step down in 2000. Current CEO Louis Silverman has disputed the contention.
Company Info |
|
| 2005 Rank | 48 |
| Market Value* ($ Millions) | 892.4 |
| Sales* ($ Millions) | 109.2 |
| Sales Growth (3-yr. avg. annual) |
25.8 % |
| Profits* ($ Millions) | 20.5 |
| Profit Growth (3-yr. avg. annual) | 43.9 % |
| Return on Inv. Capital (3-yr.) | 22.2 % |
| Share Price 12-Mo. Hi/Lo | 46/22 |
| Share Price As of 4/28/06 | 34 |
| Return on Equity | 24.1 % |
| P/E Ratio | 44 |
| No. of Employees | 418 |
| Industry | Systems Software |
| CURRENT MARKET INFO | QSII > |
| COMPANY WEB SITE > | |
| Location | Irvine, Calif. |
| Phone | 949 255-2600 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
Related Articles
Piper Jaffrey Hikes Quality Systems to Outperform
Health Care’s Electronic Elixir
The Gary Cooper of Governance
Company Snapshot
Quality Systems and its subsidiary NextGen Healthcare Information Systems, engage in the development and marketing of health-care information systems that automate medical and dental group practices, community health centers, physician hospital organizations, management service organizations, and dental schools. Its software systems include general patient information, appointment scheduling, billing, insurance claims submission and processing, managed care plan implementation and referral management, treatment outcome studies, treatment planning, drug formularies, electronic patient records, dental charting, and letter generation. In addition, the company offers its clients hardware and software maintenance and support services, system training services, and electronic claims submission services. Quality Systems was founded in 1974 and has its headquarters in Irvine, Calif.
Data provided by 
