Allscripts

Allscripts
Healthcare Solutions, Inc.
Type Public
Traded as NASDAQMDRX
Industry healthcare information technology
Founded 1982 (as Medic Computer Systems)
1986 (as Allscripts)
2008 (as Allscripts)
Headquarters Chicago, Illinois
Key people Glen Tullman,
chief executive officer and director
Philip Pead,
Chairman
Products electronic health records
practice management
electronic prescribing
Revenue US$705 Million (FY 2010)[1]
Operating income US$106 Million (FY 2010)[1]
Net income US$62.9 Million (FY 2010)[1]
Total assets US$1.09 Billion (FY 2010)[2]
Total equity US$807 Million (FY 2010)[2]
Employees 5500+
Website allscripts.com

Allscripts Healthcare Solutions, Inc. is a publicly traded American company that provides physician practices, hospitals, and other healthcare providers with practice management and electronic health record technology, including electronic prescribing, care management, and revenue cycle software. Allscripts was founded in 1986 and is headquartered in Chicago, Illinois, with key operations also located in Burlington, Vermont[3] and Raleigh, North Carolina.[4]

In 2008, Allscripts was merged with the healthcare systems operations of rival Misys, which was founded in 1979.[5] In 2010, Allscripts-Misys merged with another major healthcare information technology competitor, Eclipsys.

Contents

History

Allscripts began in 1986 as a medications management company. In 1997, the company began focussing on information technology, and in 1998 launched an electronic prescribing solution for physicians. In the following years, Allscripts acquired a series of ambulatory electronic medical record companies.[6]

Medic Computer Systems was founded in 1982 and later began offering practice management solutions to physician practices. The company was acquired by Misys Group in November 1997 and became Misys Physician Systems in 2002. Later in 2002, the company entered the home health and hospice information technology markets through the acquisition of Home Care Information Systems. In 2005, the company became Misys Healthcare Systems and, that same year, acquired Payerpath to bolster its practice management and revenue cycle management offerings.[7]

Eclipsys was founded in 1995 by Harvey Wilson. In 2008, Eclipsys acquired physician practice management software company MediNotes.[8] In 2010, Eclipsys announced a strategic partnership with Microsoft, in which the companies will share technology and promote healthcare information technology interoperability.[9]

References

  1. ^ a b c Allscripts Healthcare Solutions (MDRX) annual SEC income statement filing via Wikinvest
  2. ^ a b Allscripts Healthcare Solutions (MDRX) annual SEC balance sheet filing via Wikinvest
  3. ^ [1]
  4. ^ [2]
  5. ^ [3]
  6. ^ [4]
  7. ^ [5]
  8. ^ http://www.bizjournals.com/atlanta/stories/2008/09/22/daily12.html
  9. ^ http://www.healthcareitnews.com/news/eclipsys-microsoft-partnership-looks-open-platforms-interoperability

External links