BNET Industries

Market Cap:$1.5B
Last Fiscal Year Sales:$186.5M
  • Public
  • US
Dow Jones Description

Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records, and connectivity and other applications and services for medical and dental group practices.

President & Chief Executive OfficerSteven T. Plochocki
Number of Employees 1,251
Contact Information

18191 Van Karman Ave Ste 450

Irvine, California 92612

www.qsii.com

(949) 255-2600

NAICS Code Computer Systems Design Services: 541512

Recent Events

  • Quality Systems, Inc. Announces Cash Dividend

    6/03/09 - Stock Split / Dividend - View Story

  • Quality's Quarter Misses, Shares Fall

    5/30/09 - Financial Announcement - View Story

  • Allscripts-Misys rises on stimulus-linked upgrade

    5/28/09 - Bond / Stock Rating - View Story

  • Top 5 Fast-Growth Stocks for April 6

    4/06/09 - Financial Announcement - View Story

  • Raymond James Upgrades Quality Systems QSII to Market Perform

    4/02/09 - Bond / Stock Rating - View Story

  • UBS Downgrades Quality Systems QSII to Sell

    3/30/09 - Bond / Stock Rating - View Story

  • AHS, VHS select NextGen Healthcare's enterprise software solutions suite

    2/13/09 - Licensing / Contract - View Story

  • EDI Health Group Selected by Quality Systems to Facilitate EDI Transactions Between Payers and Large...

    2/02/09 - Joint Venture / Alliance - View Story

  • Quality Systems, Inc. Reports 2009 Third Quarter Results

    1/29/09 - Financial Announcement - View Story

News & Analysis

quality systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Steven T. Plochocki President & Chief Executive Officer
Paul Holt CFO
Jim Rieboldt Vice President
Moshe Dov Associate Vice President
Greg Flynn Executive Vice President & General Manager, QSI Division
Lucille W S Chang Senior Director

Board of Directors

Name (plus bio) Position
Sheldon Razin Chairman
Ahmed Hussein Board of Directors
Edwin Hoffman Board of Directors
Ibrahim Fawzy Board of Directors
Jonathan Javitt Board of Directors
Louis E. Silverman Board of Directors
Patrick Cline Board of Directors
Russell Pflueger Board of Directors
Vincent J. Love Board of Directors
William Botts Board of Directors

Mr. Plochocki (56) was appointed President and Chief Executive Officer of the Company on August 11, 2008. He has been a director of the Company since 2004. From February 2007 to May 2008, he served as Chairman and Chief Executive Officer of Omniflight Helicopter, Inc., a Dallas-based air medical services company. He previously served as Chief Executive Officer and Director of Trinity Hospice, a national hospice provider from October 2004 through October 2006. Prior to joining Trinity Hospice, he was Chief Executive Officer of InSight, a national provider of diagnostic imaging services from November 1999 to August 2004. Prior to that, he was Chief Executive Officer of Centratex Support Services, Inc., a support services company for the healthcare industry and had previously held other senior level positions with healthcare industry firms. He holds B.A. in Journalism and Public Relations from Wayne State University and a Master’s degree in Business Management from Central Michigan University.

Organization Position Status
Quality Systems, Inc. President & Chief Executive Officer Current
Quality Systems, Inc. Board of Directors Current
Omniflight Helicopters, Inc. Chairman & Chief Executive Officer Former
Central Michigan University MBA Former
Wayne State University B.A., Journalism and Public Relations Former

Paul Holt was appointed Chief Financial Officer in November 2000. Mr. Holt has served as the Company's Controller since January, 2000. Prior to joining the Company, Mr. Holt was the Controller of Sierra Alloys Co., Inc., a titanium metal manufacturing company from August 1999 to December 1999. From May 1997 to July 1999, he was Controller of Refrigeration Supplies Distributor, a wholesale distributor and manufacturer of refrigeration supplies and heating controls. From March 1995 to April 1997, he was Assistant Controller of Refrigeration Supplies Distributor. Mr. Holt is a Certified Public Accountant and holds an M.B.A. from the University of SouthernCalifornia and a B.A. in Economics from the University of California, Irvine.

Organization Position Status
Qsi Corporation Chief Financial Officer Current
Quality Systems, Inc. CFO Current
Sierra Alloys Controller Former
Qsi Corporation Controller Former
University of Southern California Master of Business Administration Former
University of California, Irvine B.A. In Economics Former

Mr. Rieboldt currently serves as the Vice-President of Quality Systems for the Kaiser Group, and has over 17 years of experience in workforce development services. He has had experience in quality management systems development and implementation, project management, systems analysis, and process mapping. Mr. Rieboldt also has experience with vocational assessment, case management, program design and development, training workshop development and presentation, supervision, computer skills training, IT support, and network administration. He was the team leader in the successful implementation of an ISO 9001:2000 based Quality Management System for the Kaiser Group's Corporate operations, and the Quality Systems company's operations in the Walworth County Job Center. These systems were certified to the ISO 9001:2000 standard in February of 2001.

Organization Position Status
Kaiser Group Vice President of Quality Systems Current
Quality Systems, Inc. Vice President Current
Organization Position Status
Quality Systems, Inc. Associate Vice President Current
Industrial Engineering Company Associate Vice President Current
Isis International, Inc. Current
Israeli Air Force Former
Deloitte Touche Tohmatsu Former
Johnson & Johnson Former
Technion-Israel Institute of Technology M.Sc Industrial Engineering Former
Tel Aviv University B.Sc Industrial Engineering and Manufacturing Technology Former
Organization Position Status
Quality Systems, Inc. Executive Vice President & General Manager, QSI Division Current
Organization Position Status
Raven Biotechnologies, Inc. Vice President, Manufacturing Operations Current
Quality Systems, Inc. Senior Director Current
XOMA Corporation Manager Current
University of California, Davis PhD In Microbiology Former
University of California, Berkeley Ba In Biochemistry Former

Sheldon Razin (69) is the founder of the Company and has served as its Chairman of the Board since the Company’s inception in 1974. He served as the Company’s Chief Executive Officer from 1974 until April 2000. Since its inception until April 2000, he has also served as the Company’s President, except for the period from August 1990 to August 1991. Additionally, Mr. Razin served as Treasurer from the Company’s inception until October 1982. Prior to founding the Company, he held various technical and managerial positions with Rockwell International Corporation and was a founder of the Company’s predecessor, Quality Systems, a sole proprietorship engaged in the development of software for commercial and space applications and in management consulting work. Mr. Razin holds a B.S. degree in Mathematics from the Massachusetts Institute of Technology.

Organization Position Status
Quality Systems, Inc. Chairman Current
ArvinMeritor, Inc. Former
Massachusetts Institute of Technology B.S. degree in Mathematics Former

Ahmed Hussein (66) is, and has been since 1997, the Director of National Investment Company, Cairo, Egypt. Mr. Hussein founded National Investment Company in 1996 and has served as a member of its Board of Directors since its inception. Mr. Hussein served as a Senior Vice President of Dean Witter from1993 to 1996. Mr. Hussein is a director of the following publicly held Egyptian companies: Simo Paper Company and Nobria Agriculture.

Organization Position Status
Quality Systems, Inc. Board of Directors Current
Organization Position Status
Quality Systems, Inc. Board of Directors Current
Organization Position Status
Quality Systems, Inc. Board of Directors Current
Organization Position Status
Quality Systems, Inc. Board of Directors Current
Organization Position Status
Quality Systems, Inc. Board of Directors Current
Quality Systems, Inc. President & Chief Executive Officer Former
CorVel Corporation previously Chief Operations Officer Former
Harvard Business School Master of Business Administration degree Former
Amherst College Bachelor of Arts degree Former
Organization Position Status
Nextgen, Inc. President Current
Nextgen Healthcare Information Systems, Inc. President Current
Quality Systems, Inc. Board of Directors Current
Script, LLC Vice President of Sales and Marketing Former

Russell Pflueger (43) is and has been since 2002 the Founder, Chairman and CEO of Quiescence Medical, Inc., a medical device development company. During 2001 and 2002, he founded and served as Chairman and CEO of Pain Concepts, Inc., a medical device company. He holds a Chemical Engineering degree from Texas A&M University and a Master of Business Administration degree from the University of California at Irvine.

Organization Position Status
Quality Systems, Inc. Board of Directors Current
Organization Position Status
American Arbitration Association Board of Directors Current
Quality Systems, Inc. Board of Directors Current
American Arbitration Association member Former
City College of New York B.B.A. Former
Organization Position Status
Quality Systems, Inc. Board of Directors Current

Executive News

  • CMS Names NextGen Healthcare a Qualified PQRI Patient Registry for 2009

    Business Wire - 6/22/09 - View Story

  • Quality Systems, Inc. to Present at Jefferies Third Annual...

    MSN Money - 6/12/09 - View Story

  • Quality Systems, Inc. to Present at Jefferies Third Annual Healthcare Conference

    Business Wire - 6/12/09 - View Story

  • Quality Systems, Inc. Named Finalist in Three Categories of The...

    MSN Money - 6/02/09 - View Story

  • Quality Systems, Inc. Named Finalist in Three Categories of The 2009 American Business AwardsSM

    Business Wire - 6/02/09 - View Story

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     QSII $54.17 -2.16 (-3.83% )
Average Volume 584,603
Shares Outstanding 28.50M
Market Cap 1.5B
Year High 62
Year Low 25.7
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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