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Quality Systems

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uuid00056bj

Namestring
Quality Systems
Legal namestring
Quality Systems, Inc.
Company typeenum
Public
Founded yearint
1974
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersIrvine, United States
HQ citystring
Irvine
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
healthcare information systems, electronic medical records, practice management software, dental practice management, EDI connectivity services
Industry2 codes
1EHR Implementation, Optimization, Training & Managed Services
CodeHLACAAALPrimaryYes
2EHR/EMR Integration & Interoperability Middleware (HL7/FHIR)
CodeHLALAKADPrimaryNo
NAICS code1 code
  • Software Publishers5132
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Healthcare Information Technology
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Software Licenses and Subscriptions
TypeSubscription Recurring
Description

QSI derives most of its revenue from software licenses, including EMR (Electronic Medical Records) systems, practice management suites, and related applications for medical and dental group practices. Revenue is generated through recurring software subscriptions and licenses.

qsii.com
2Support and Training Services
TypeProfessional Services
Description

Full-service hardware and software support available 24 hours a day, seven days a week, along with extensive on-going training and annual Users Group meetings. Field Service Representatives provide onsite preventive and remedial hardware service.

qsii.com
3EDI/Connectivity Services via QUIC Network
TypeTransaction Fee
Description

Electronic data interchange services including claims processing, eligibility verification, electronic statements, patient correspondence, recall reminders, and marketing services. These services are accessed through existing QSI practice management systems.

qsii.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Custom enterprise pricing for medical and dental practices
ModelSubscriptionBilling cadenceAnnual
Notes

No publicly listed pricing. Sales process involves consultation with Sales Consultant. No initial setup charges for most QUIC Network services including electronic claims, statements, and appointment reminders. Fast Forward service priced at $0.60 per address correction.

qsii.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 5 records shown
1NextGen
Description

Healthcare information technology systems including EMR and practice management solutions for medical group practices

qsii.com
+4 more records
Core offering1 text field

Quality Systems, Inc. develops and sells computer-based practice management systems, electronic medical records (EMR), and e-business applications for medical and dental group practices. Its flagship offerings include NextGen EMR and NextGen EPM for medical practices, QSI Dental System for dental practices, and the QUIC Network suite providing EDI/connectivity services such as electronic claims processing, eligibility verification, electronic remittance advice, and patient correspondence.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Quality Systems, Inc. (QSI) offers a dual-division product portfolio serving both medical and dental group practices. The company operates through its QSI Dental division and its wholly-owned subsidiary NextGen Healthcare Information Systems. The core offerings consist of NextGen EMR (electronic medical records) and NextGen EPM (electronic practice management) for medical practices, alongside the QSI Dental System for dental practices. These are complemented by the QUIC Network EDI/Connectivity Suite, which provides electronic claims processing, eligibility verification, electronic remittance advice, and patient correspondence services. Web-based patient engagement is delivered through NextMD.com for medical practices and QSINet.com for dental practices, enabling patients to manage appointments, billing, and insurance information online. The P3 connectivity suite ties these offerings together, enabling interoperability between providers, patients, and payors.

Product and service14 records
1NextGen EMR
CategoryElectronic Medical Records Software
Description

Electronic medical records system for medical group practices, providing computer-based patient health record management with CCHIT certification, designed for physician practices and multi-physician group practices seeking integrated clinical documentation.

2NextGen EPM
CategoryPractice Management Software
Description

Electronic practice management system for medical group practices, handling scheduling, billing, and administrative workflows, used by physician practices and group practices to manage day-to-day operations.

3QSI Dental System
CategoryDental Practice Management Software
Description

Complete practice management and records system for dental group practices, including scheduling, billing, and clinical documentation, designed for dental group practices and dental office management companies.

4QUIC Network
CategoryHealthcare EDI/Connectivity Services
Description

EDI and connectivity platform providing electronic claims processing, eligibility verification, electronic remittance advice, encounter data submission, patient statements, correspondence, appointment reminders, and marketing services for dental and medical practices.

5NextMD.com
CategoryPatient Portal Software
Description

Web-based patient portal for medical practices enabling patients to review and update demographic and insurance information, view and schedule appointments, and view billing and make payments online.

6QSINet.com
CategoryPatient Portal Software
Description

Web-based patient portal for dental practices enabling patients to review and update demographic and insurance information, view and schedule appointments, and view billing and make payments online.

7QUIC Electronic Claims Processing
CategoryHealthcare EDI Services
Description

Electronic claims processing service that submits insurance claims electronically to carriers and clearinghouses, with paper ADA form support for non-electronic carriers, designed for dental and medical practices.

8QUIC Reminders
CategoryPatient Communication Services
Description

Interactive telephone communication service providing automated appointment reminders and recall reminders to patients, integrated with practice management systems, for medical and dental practices.

9QUIC Electronic Eligibility
CategoryHealthcare EDI Services
Description

Electronic eligibility verification service providing real-time patient insurance eligibility updates with daily or weekly electronic updates, automatically loaded into practice management systems.

10QUIC Electronic Remittance Advice (ERA)
CategoryHealthcare EDI Services
Description

Electronic remittance advice service that automatically posts insurance payments and explanation of benefits into practice management systems, used by medical and dental practices.

11QUIC Patient Correspondence
CategoryPatient Communication Services
Description

Patient correspondence services including recall cards, appointment reminders, collection letters, birthday cards, electronic statement printing and mailing, and marketing letters processed through the QUIC Network.

12QUIC Direct Deposit
CategoryPayment Processing Services
Description

Direct deposit service for collecting patient payments through a customized lock box at a major bank's payment processing center, with automatic fund transfer and posting into practice bank accounts.

13QUIC Fast Forward
CategoryHealthcare Data Services
Description

Address correction service that reports new patient addresses from moved patients, enabling practices to update files and improve billing accuracy at $0.60 per address correction.

14QUIC Marketing
CategoryMarketing Services
Description

Marketing service that creates and sends custom mailers such as letters, fliers, or cards to target potential clients based on zip codes, designed for healthcare practices seeking patient acquisition.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or Integration
Description

QSI's QUIC Network partners with some of the largest clearinghouses in the country to enable electronic claims submission for dental and medical practices. Any claims that cannot be submitted electronically are printed on paper ADA forms and mailed by QSI.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

athenahealth provides cloud-based EHR and practice management for ambulatory medical groups — a near-direct competitor to NextGen EMR/EPM with similar target customers, business model, and ambulatory focus.

TypeDirect peer
Description

eClinicalWorks is a leading ambulatory EHR/PMS vendor serving small to large medical group practices, directly competing with NextGen on ambulatory EHR, patient engagement, and value-based care functionality.

TypeBroad incumbent
Description

Oracle Health offers a broad ambulatory and acute EHR platform used by hospitals and large physician groups worldwide, overlapping with QSI's NextGen target market in mid-to-large group practices and offering direct competition with deeper R&D resources.

TypeDirect peer
Description

Carestream Dental provides practice management and imaging software for dental practices, overlapping with QSI Dental System in dental group practice workflows.

TypeDirect peer
Description

Greenway Health offers Intergy and Prime Suite EHR/PMS for ambulatory practices, directly overlapping with NextGen in the medical group practice market segment.

TypeDirect peer
Description

Allscripts/Veradigm provides ambulatory EHR and practice management solutions, directly competing with NextGen in the physician group practice segment, including population health and revenue cycle modules.

TypeBroad incumbent
Description

MEDITECH offers acute and ambulatory EHR systems serving hospitals and physician practices, overlapping with QSI's NextGen offerings particularly in the community-hospital-affiliated group practice segment.

TypeBroad incumbent
Description

Epic is the dominant EHR vendor for large hospital systems and is increasingly moving downstream into large ambulatory and specialty practices, directly competing with NextGen EMR for the same large group-practice segment QSI serves.

TypeDirect peer
Description

Henry Schein One provides practice management software for dental practices (Dentrix, Easy Dental), directly competing with QSI Dental System in the dental group practice segment.

TypeBroad incumbent
Description

Patterson distributes Eaglesoft dental practice management software and broader dental supply solutions, competing with QSI Dental System on the dental PMS front and on broader practice technology offerings.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature10 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Quality Systems

Healthcare Information Technologyqsii.com

Quality Systems firmographics

Firmographics
Name
Quality Systems
Legal name
Quality Systems, Inc.
Website
http://www.qsii.com
Company type
Public
Founded year
1974
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Quality Systems industry classification

Industry
Product category
Healthcare Information Technology
NAICS
Software Publishers (5132)
SIC
Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
EHR Implementation, Optimization, Training & Managed Services (HLACAAAL)
akta.pro secondary industry
EHR/EMR Integration & Interoperability Middleware (HL7/FHIR) (HLALAKAD)

Keywords

  • Healthcare information systems
  • Electronic medical records
  • Practice management software
  • Dental practice management
  • EDI connectivity services

Where Quality Systems is headquartered

Location

Headquarters

HQ city
Irvine
HQ country
United States
HQ region
North America

Offices4 records

Markets served

Quality Systems business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Software Licenses and Subscriptions: QSI derives most of its revenue from software licenses, including EMR (Electronic Medical Records) systems, practice management suites, and related applications for medical and dental group practices. Revenue is generated through recurring software subscriptions and licenses.
  2. Support and Training Services: Full-service hardware and software support available 24 hours a day, seven days a week, along with extensive on-going training and annual Users Group meetings. Field Service Representatives provide onsite preventive and remedial hardware service.
  3. EDI/Connectivity Services via QUIC Network: Electronic data interchange services including claims processing, eligibility verification, electronic statements, patient correspondence, recall reminders, and marketing services. These services are accessed through existing QSI practice management systems.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualCustom enterprise pricing for medical and dental practices

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Quality Systems product offering

Product offering

Core offering

Quality Systems, Inc. develops and sells computer-based practice management systems, electronic medical records (EMR), and e-business applications for medical and dental group practices. Its flagship offerings include NextGen EMR and NextGen EPM for medical practices, QSI Dental System for dental practices, and the QUIC Network suite providing EDI/connectivity services such as electronic claims processing, eligibility verification, electronic remittance advice, and patient correspondence.

Product overview

Quality Systems, Inc. (QSI) offers a dual-division product portfolio serving both medical and dental group practices. The company operates through its QSI Dental division and its wholly-owned subsidiary NextGen Healthcare Information Systems. The core offerings consist of NextGen EMR (electronic medical records) and NextGen EPM (electronic practice management) for medical practices, alongside the QSI Dental System for dental practices. These are complemented by the QUIC Network EDI/Connectivity Suite, which provides electronic claims processing, eligibility verification, electronic remittance advice, and patient correspondence services. Web-based patient engagement is delivered through NextMD.com for medical practices and QSINet.com for dental practices, enabling patients to manage appointments, billing, and insurance information online. The P3 connectivity suite ties these offerings together, enabling interoperability between providers, patients, and payors.

Differentiator

Problem solved

Functional benefit

Brands

  • NextGen: Healthcare information technology systems including EMR and practice management solutions for medical group practices
  • QUIC Network
  • QSINet
  • NextMD.com
  • NextGen WEB

Products and services

  • NextGen EMR Electronic medical records system for medical group practices, providing computer-based patient health record management with CCHIT certification, designed for physician practices and multi-physician group practices seeking integrated clinical documentation.
  • NextGen EPM Electronic practice management system for medical group practices, handling scheduling, billing, and administrative workflows, used by physician practices and group practices to manage day-to-day operations.
  • QSI Dental System Complete practice management and records system for dental group practices, including scheduling, billing, and clinical documentation, designed for dental group practices and dental office management companies.
  • QUIC Network EDI and connectivity platform providing electronic claims processing, eligibility verification, electronic remittance advice, encounter data submission, patient statements, correspondence, appointment reminders, and marketing services for dental and medical practices.
  • NextMD.com Web-based patient portal for medical practices enabling patients to review and update demographic and insurance information, view and schedule appointments, and view billing and make payments online.
  • QSINet.com Web-based patient portal for dental practices enabling patients to review and update demographic and insurance information, view and schedule appointments, and view billing and make payments online.
  • QUIC Electronic Claims Processing Electronic claims processing service that submits insurance claims electronically to carriers and clearinghouses, with paper ADA form support for non-electronic carriers, designed for dental and medical practices.
  • QUIC Reminders Interactive telephone communication service providing automated appointment reminders and recall reminders to patients, integrated with practice management systems, for medical and dental practices.
  • QUIC Electronic Eligibility Electronic eligibility verification service providing real-time patient insurance eligibility updates with daily or weekly electronic updates, automatically loaded into practice management systems.
  • QUIC Electronic Remittance Advice (ERA) Electronic remittance advice service that automatically posts insurance payments and explanation of benefits into practice management systems, used by medical and dental practices.
  • QUIC Patient Correspondence Patient correspondence services including recall cards, appointment reminders, collection letters, birthday cards, electronic statement printing and mailing, and marketing letters processed through the QUIC Network.
  • QUIC Direct Deposit Direct deposit service for collecting patient payments through a customized lock box at a major bank's payment processing center, with automatic fund transfer and posting into practice bank accounts.
  • QUIC Fast Forward Address correction service that reports new patient addresses from moved patients, enabling practices to update files and improve billing accuracy at $0.60 per address correction.
  • QUIC Marketing Marketing service that creates and sends custom mailers such as letters, fliers, or cards to target potential clients based on zip codes, designed for healthcare practices seeking patient acquisition.

Companies that use Quality Systems

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Quality Systems technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature10 records

Quality Systems partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Clearinghouses (various national clearinghouses)coreTechnology or IntegrationQSI's QUIC Network partners with some of the largest clearinghouses in the country to enable electronic claims submission for dental and medical practices. Any claims that cannot be submitted electronically are printed on paper ADA forms and mailed by QSI.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Quality Systems competitors and assessment

Company assessment

Direct peers

  • athenahealth: athenahealth provides cloud-based EHR and practice management for ambulatory medical groups — a near-direct competitor to NextGen EMR/EPM with similar target customers, business model, and ambulatory focus.
  • eClinicalWorks: eClinicalWorks is a leading ambulatory EHR/PMS vendor serving small to large medical group practices, directly competing with NextGen on ambulatory EHR, patient engagement, and value-based care functionality.
  • Carestream Dental: Carestream Dental provides practice management and imaging software for dental practices, overlapping with QSI Dental System in dental group practice workflows.
  • Greenway Health: Greenway Health offers Intergy and Prime Suite EHR/PMS for ambulatory practices, directly overlapping with NextGen in the medical group practice market segment.
  • Allscripts (now Veradigm): Allscripts/Veradigm provides ambulatory EHR and practice management solutions, directly competing with NextGen in the physician group practice segment, including population health and revenue cycle modules.
  • Henry Schein One (dental): Henry Schein One provides practice management software for dental practices (Dentrix, Easy Dental), directly competing with QSI Dental System in the dental group practice segment.

Broad incumbents

  • Oracle Health (formerly Cerner): Oracle Health offers a broad ambulatory and acute EHR platform used by hospitals and large physician groups worldwide, overlapping with QSI's NextGen target market in mid-to-large group practices and offering direct competition with deeper R&D resources.
  • MEDITECH: MEDITECH offers acute and ambulatory EHR systems serving hospitals and physician practices, overlapping with QSI's NextGen offerings particularly in the community-hospital-affiliated group practice segment.
  • Epic Systems: Epic is the dominant EHR vendor for large hospital systems and is increasingly moving downstream into large ambulatory and specialty practices, directly competing with NextGen EMR for the same large group-practice segment QSI serves.
  • Patterson Companies (dental): Patterson distributes Eaglesoft dental practice management software and broader dental supply solutions, competing with QSI Dental System on the dental PMS front and on broader practice technology offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Quality Systems compliance and trust

Trust signal

Compliance2 records

Quality Systems financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Quality Systems leadership team

Management profile

Number of profiles

Profiles2 records

Quality Systems subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Quality Systems funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Quality Systems M&A and investment

M&A and investment

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quality Systems

What does Quality Systems do?

Quality Systems, Inc. develops and sells computer-based practice management systems, electronic medical records (EMR), and e-business applications for medical and dental group practices. Its flagship offerings include NextGen EMR and NextGen EPM for medical practices, QSI Dental System for dental practices, and the QUIC Network suite providing EDI/connectivity services such as electronic claims processing, eligibility verification, electronic remittance advice, and patient correspondence.

Is Quality Systems a public or private company?

Quality Systems is a public company. It is classified as public and is currently operating.

When was Quality Systems founded?

Quality Systems was founded in 1974. It employs 1,001 to 5,000 people.

Where is Quality Systems based?

Quality Systems is headquartered in Irvine, United States, in the North America region.

How does Quality Systems make money?

Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are support and Training Services and EDI/Connectivity Services via QUIC Network.

Who are Quality Systems's main competitors?

Direct peers on record are athenahealth, eClinicalWorks, Carestream Dental, Greenway Health, Allscripts (now Veradigm) and Henry Schein One (dental). Broad incumbents are Oracle Health (formerly Cerner), MEDITECH, Epic Systems and Patterson Companies (dental).

Does Quality Systems have an API?

No public API is recorded for Quality Systems.

What industry is Quality Systems in?

Quality Systems's product category is Healthcare Information Technology. Its primary akta.pro industry code is HLACAAAL, EHR Implementation, Optimization, Training & Managed Services, with a secondary code of HLALAKAD, EHR/EMR Integration & Interoperability Middleware (HL7/FHIR). Its NAICS code is 5132 and its SIC code is 7370.

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Live signals
PR NewswireRobbins Geller Rudman & Dowd LLP and Bernstein Litowitz Berger & Grossmann LLP Announce a Proposed Settlement of In re Quality Systems, Inc. Securities LitigationA U.S. District Court has certified a class action and proposed a $19,000,000 settlement in the Quality Systems, Inc. securities litigation for investors who purchased QSI common stock between May 26, 2011 and July 25, 2012. A fairness hearing is scheduled for November 19, 2018 to determine whether to approve the settlement, the plan of allocation, and plaintiffs' counsel fees of up to 25% ($4,750,000) plus expenses. Class members must submit proof of claim by December 12, 2018 to be eligible for a payment.GlobeNewswireReport: Exploring Fundamental Drivers Behind Agilysys, Editas Medicine, The ExOne, Central Garden & Pet, Quality, and Stemline Therapeutics — New Horizons, Emerging Trends, and Upcoming DevelopmentsFundamental Markets released research reports on Agilysys, Editas Medicine, The ExOne, Central Garden & Pet, Quality Systems, and Stemline Therapeutics, covering financial performance and earnings dates. The reports include revenue and EPS figures for the latest quarters, with earnings expected in May 2018 for most companies.GlobeNewswireMarket Trends Toward New Normal in Parker-Hannifin, Quality, Oxford Industries, Veritiv, Cooper-Standard, and Koppers Holdings — Emerging Consolidated Expectations, Analyst RatingsFundamental Markets released new research reports on Parker-Hannifin, Quality Systems, Oxford Industries, Veritiv, Cooper-Standard, and Koppers Holdings, covering their financial performance and forward-looking estimates. The reports include quarterly and annual revenue and EPS figures, with earnings dates and next-year forecasts provided for each company.GlobeNewswireQuality Systems, Inc. (Nasdaq: QSII) to Ring The Nasdaq Stock Market Closing BellNextGen Healthcare, a subsidiary of Quality Systems, Inc., will ring the Nasdaq closing bell on Tuesday, August 29, 2017, at 3:45 p.m. to 4:00 p.m. ET. The ceremony will take place at the Nasdaq MarketSite in Times Square, with CEO Rusty Frantz ringing the bell.PR NewswireQUALITY SYSTEMS ALERT: J&W Announces Investigation of Quality Systems, Inc.; Long Term Investors Encouraged to Contact the FirmJohnson & Weaver, LLP, a shareholder rights law firm, announced an investigation into Quality Systems, Inc. (NASDAQ: QSII) for potential claims on behalf of investors. A class action lawsuit has been filed alleging that QSI violated federal securities laws by disseminating false and misleading statements about business performance, revenue growth, and product demand during the class period of May 26, 2011 to July 25, 2012. The law firm is encouraging long-term shareholders who held shares prior to May 26, 2011 to contact them regarding potential standing to hold the company's officers and directors accountable.PR NewswireResearch Reports Coverage on Healthcare Stocks -- Inovalon, athenahealth, Medidata Solutions, and Quality SystemsStock-Callers.com initiated research coverage on four healthcare information services stocks on January 11, 2017, coinciding with a broadly positive trading session where the NASDAQ rose 0.21%, the Dow Jones gained 0.50%, and the S&P 500 closed up 0.28%. Inovalon Holdings Inc. ended the session 0.94% higher at $10.75 with a downgrade from KeyBanc Capital Markets, while athenahealth Inc. rose 0.62% to $118.90 following an upgrade from the same firm, and Quality Systems Inc. edged 0.51% higher to $13.89. Medidata Solutions Inc. declined 1.32% to $52.27 despite posting a 15.31% gain over the past year, with the research firm providing detailed analysis including moving averages, RSI indicators, and PE ratios for each company.GlobeNewswireQuality Systems, Inc. (Nasdaq: QSII) to Ring The Nasdaq Stock Market Closing BellQuality Systems, Inc. and its subsidiary NextGen Healthcare Information Systems will ring the Nasdaq closing bell on Tuesday, June 7, 2016, at 3:45 p.m. ET. CEO Rusty Frantz will perform the ceremony at the Nasdaq MarketSite in Times Square.GlobeNewswireQuality Systems, Inc. (Nasdaq:QSII) to Ring The Nasdaq Stock Market Closing BellQuality Systems, Inc. will ring the Nasdaq closing bell on Monday, June 8, 2015, at 3:45 p.m. ET at the Nasdaq MarketSite in Times Square. Founder and Chairman Sheldon Razin will perform the ceremony. A webcast of the event will be available online.GlobeNewswireQuality Systems, Inc. [QSII] to Ring The NASDAQ Stock Market Closing BellQuality Systems, Inc. will ring the NASDAQ closing bell at the MarketSite in Times Square on Monday, May 6, 2013, at 3:45 p.m. ET. Chairman Sheldon Razin will perform the ceremony, and a live webcast will be available.GlobeNewswireVideo Interview: Sheldon Razin, Founder and Chairman of the Board, Quality Systems, Inc.Sasha Salama interviews Sheldon Razin, founder and chairman of Quality Systems, Inc., on the company's industry, strategy, financials, and positioning. Razin has led the Irvine-based firm since its 1974 incorporation, previously serving as CEO until 2000. The company develops practice management and patient records software for medical and dental practices.