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Allscripts announces first quarter 2013 results
Date:5/9/2013

CHICAGO, May 9, 2013 /PRNewswire/ -- Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) today announced financial results for the three months ended March 31, 2013.

First-Quarter Highlights:

  • Acquired dbMotion, Ltd., a platform for care coordination and population health management to aggressively advance Allscripts Open, Connected Community of Health strategy.  The Company also acquired Jardogs Follow My Health™ consumer health engagement platform to enable patients to participate in their care and optimize health status.
  • Increased gross research and development spending 19 percent year-over-year to support key industry requirements, including Stage 2 Meaningful Use preparedness and ICD-10 readiness and long-term product investments. 
  • The Company made progress on key client focus areas including executing multiple acute system new activations and upgrades across the client base.
  • Announced the general availability of Allscripts Care Director, a multi-tenant, web-based solution that coordinates outpatient care across healthcare settings and provides a targeted solution for population health management professionals.
  • Launched several initiatives to improve operational effectiveness including a Centers of Excellence strategy for Solutions Development and a plan to consolidate North American offices.  The Company continues to expect in excess of $50 million in annualized savings from operational effectiveness initiatives, beginning in 2014.
  • "We are making progress in key areas including an unwavering client focus, delivering on our commitments and driving operational effectiveness," said Paul M. Black, President and Chief Executive Officer of Allscripts. "In addition, we took a series of important actions this quarter to advance our Open, Connected Community of Health strategy, enhancing our
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    SOURCE Allscripts Healthcare Solutions, Inc.
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