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10/20/2020

Allscripts to Release Third-Quarter 2020 Financial Results October 29

CHICAGO–(BUSINESS WIRE)–Oct. 20, 2020–
Allscripts Healthcare Solutions, Inc. (Nasdaq:MDRX) will report its financial results for the three months ended September 30, 2020 after the close of stock market hours on Thursday, October 29, 2020. Allscripts management plans to host a conference call and webcast to discuss the company’s earnings at 4:30 p.m. Eastern Time that same day.

Third-Quarter 2020 Financial Results Call Details

The Allscripts earnings announcement will be distributed immediately after the close of regular stock market hours on Thursday, October 29, 2020. The announcement will also be available at Allscripts’ investor relations website.

To listen to the conference call, participants may log onto the Allscripts investor relations website. Participants also may access the conference call by dialing (877) 269-7756 or (201) 689-7817 and requesting Conference ID # 13710937.

A replay of the call will be available approximately two hours after the conclusion of the call, for a period of four weeks, on the Allscripts investor relations website or by calling (877) 660-6853 or (201) 612-7415 – Conference ID # 13710937.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

For more information contact:

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts Healthcare Solutions, Inc.

10/15/2020

Allscripts Closes Previously Announced Sale of EPSi

CHICAGO–(BUSINESS WIRE)–Oct. 15, 2020–
Allscripts (NASDAQ: MDRX) closed the previously announced sale of EPSi to Strata Decision Technology on October 15 for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts Healthcare, LLC

10/13/2020

Allscripts to sell CarePort Health business to WellSky

CHICAGO–(BUSINESS WIRE)–Oct. 13, 2020–
Allscripts (NASDAQ:MDRX) announced today the execution of a definitive agreement to sell its CarePort Health (“CarePort”) business to WellSky Corp., a global health and community care technology company. WellSky is jointly owned by two of the world’s largest private equity firms, TPG Capital and Leonard Green & Partners.

CarePort solutions assist hundreds of hospitals and thousands of post-acute care providers to efficiently coordinate and transition patients through different settings of care.

The agreed sale price of $1.35 billion represents a multiple of greater than 13 times CarePort’s revenue over the trailing 12 months, and approximately 21 times CarePort’s non-GAAP Adjusted EBITDA over the trailing 12 months. CarePort is included in Allscripts Data, Analytics and Care Coordination reporting segment and represents approximately 6% of Allscripts consolidated revenues. Reference should be made to the Allscripts quarterly earnings reports and supplemental financial data for a reconciliation of non-GAAP Adjusted EBITDA.

The transaction is expected to close before the end of the year, subject to receipt of regulatory clearances and satisfaction of other customary closing conditions. Upon transaction close, the CarePort client base and associates will transition to WellSky. The two companies will operate independently until that date. Allscripts expects the net after-tax proceeds to be used to invest in its solutions, further deleverage the company’s balance sheet and support significant share repurchases.

“WellSky is a great company that will provide both an ideal and permanent home for CarePort and its almost 200 team members,” said Rick Poulton, Allscripts President and Chief Financial Officer. “This agreement is another all-around win for Allscripts as it unlocks significant value for our shareholders, enables us to increase our focus on our core business and brings our CarePort customers the benefit of continued investment under new and very strong ownership.”

“Together with CarePort, WellSky will establish new, meaningful connections between historically disparate settings of care. We have the exciting opportunity to bring care coordination to more providers in service of delivering more informed, personalized care,” said Bill Miller, CEO of WellSky. “Through this agreement, we’re ensuring our clients have the intelligent technology they need to do right by their patients, collaborate with payers, and succeed in value-based care models. It’s WellSky’s mission to realize care’s potential, and this moves us that much closer to achieving it.”

William Blair and J.P. Morgan Securities, LLC acted as financial advisors to Allscripts in connection with the sale of CarePort. Additional details regarding the sale will be made available in a Form 8-K to be filed by Allscripts with the Securities and Exchange Commission.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the timing or ultimate completion of the sale of our Careport business, as the transaction is subject to certain closing conditions as noted herein, our use of the proceeds from the contemplated sale of our Careport business, and potential benefits to our shareholders. These forward-looking statements are based on the current beliefs and expectations of Allscripts management, only speak as of the date that they are made and are subject to significant risks and uncertainties. Such statements can be identified by the use of words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “will,” “would,” “could,” “can,” “may,” and similar terms. Allscripts does not undertake to update forward-looking statements to reflect changed assumptions, the impact of circumstances or events that may arise after the date of the forward-looking statements, or other changes in its business, financial condition or operating results over time.

For more information contact:

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

10/08/2020

Allscripts continues to lead in interoperability, driving successful healthcare delivery

Company enables healthcare professionals and patients to share data across the continuum

CHICAGO–(BUSINESS WIRE)–Oct. 8, 2020–
Allscripts (NASDAQ: MDRX) remains committed to effective interoperability in healthcare delivery. A leader in interoperability and open platforms, the company has made it a priority to deliver clinicians accessible, clinically relevant information at the point of care, creating a community patient record and enabling successful care delivery.

Allscripts dbMotion™ Solution has been delivering clinically relevant, meaningful interoperability for many years. With dbMotion, which enables the sharing of data across different EHR systems regardless of vendor, clinicians can engage their care teams and improve access to real-time, harmonized information from across the care continuum. Used around the world in the United States, Australia, Canada, United Kingdom and Israel, the solution leverages and shares data assets, achieving safer high-quality clinical outcomes.

Every month the following volumes are enabled:

  • 14M+ unique patient transactions are received in dbMotion
  • 31,000+ providers and 128,000+ users interact with dbMotion
  • 2,700+ ambulatory and post-acute facilities transmit data with dbMotion
  • 1,000+ hospitals transmit data with dbMotion

Over the past 12 months, dbMotion has achieved significant client success with the sharing of information including:

  • 1B+ pieces of patient demographics data
  • 650M+ observation results
  • 350M+ pharmacy data
  • 289M+ documents
  • 104M+ orders (pharmacy/treatment)
  • 58M+ full patient data records

Allscripts was recently recognized as a growth and innovation top-performing leader in Frost & Sullivan’s Frost Radar™: US Healthcare Data Interoperability Market, 2020. The report states that Allscripts demonstrates superior interoperability across the entire HIT ecosystem by enabling the direct integration of third-party clinical decision support applications into the company’s platforms through on-premise or cloud deployment models.

“Allscripts has advocated for having an open platform since 2007 and we believe interoperability is the foundation for advancing healthcare—data and access should be Open. For Everyone™,” said Allscripts Chief Executive Officer, Paul M. Black. “Our systems—all of them—should be able to talk to each other. Through dbMotion, we have helped providers all around the world collaborate, deliver higher-quality care, lower costs and help consumers achieve better outcomes. We are proud of the interoperability tools we offer, creating a health ecosystem where critical data is made useful by combining isolated islands of community information into a single, actionable patient record. We remain committed to assisting in successful healthcare delivery for today and tomorrow.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

09/15/2020

Allscripts to Host Free Virtual Allscripts Client Experience Event

Company makes it All Possible with user conference featuring more than 100 online sessions and partnering with No Kid Hungry to raise funds supporting chronic hunger

CHICAGO–(BUSINESS WIRE)–Sep. 15, 2020–
Allscripts (NASDAQ: MDRX) today announced its 2020 Allscripts Client Experience (ACE) will take place virtually October 6-8, 2020 at no cost to attendees. This event will bring together thousands of the company’s valued clients, strategic partners and Health IT leaders from around the world to discuss industry drivers and trends that impact healthcare organizations today and help prepare them for tomorrow.

On the Mainstage

The conference will feature discussions and presentations on key issues for the healthcare industry in 2020, including the COVID-19 pandemic and its permanent impact on care delivery and other key topics affecting healthcare today. Special sessions include:

  • Leading Through Disruption in Healthcare

    Nicholas Webb, founding CEO of LeaderLogic, LLC

    Healthcare has been the subject of massive disruption in recent years, a trend that has been accelerated even further as a result of the “C19 Economy.” The changes require that healthcare leaders develop a new range of skills and insights around the three big shifts in healthcare: 1) Hyper-consumerization, 2) Enabling technologies and 3) New economic/value models. Based on three years of fresh research from his most recent book, “The Healthcare Mandate,” Nicholas will provide practical takeaways to help leaders drive scalable growth and future readiness.

  • Patient Privacy, Healthcare and Big Data

    Bill Cassidy, MD, Senior Senator from Louisiana and practicing gastroenterologist

    In recent years, after learning more about the use of data sourced from consumer wearables and patient apps, Dr. Cassidy has led Congressional efforts to close gaps in HIPAA protections for patients and ensure they and the providers caring for them are more aware of how that data is used after being entered by the patient. Dr. Cassidy will speak about the challenges of patient privacy in the current digital environment and efforts in Congress to provide legal clarifications in this area, as well as taking questions from the audience.

  • Health Equity: Accelerating the Bend Toward Justice by Addressing Social Determinants of Health

    Claire Pomeroy, MD, MBA, President of Albert and Mary Lasker Foundation

    Despite having what is arguably the best-trained clinical workforce in the world, the current U.S. healthcare system is characterized by disparities, sub-optimal outcomes and unsustainable costs. Factors such as race/ethnicity, education, housing, geography, job opportunities and socio-economic status are powerful drivers of health status, and recognizing these issues as health issues makes both societal and financial sense. Successful implementation of a “social determinants approach” requires intersectoral collaboration, policy changes, technologic solutions and new payment models, as well as a commitment to training a diverse health workforce.

  • 2020 Election Analysis: Politics in Healthcare and the Polls

    Charlie Cook, Editor and Publisher of The Cook Political Report and Columnist for the National Journal

    A trusted and accurate voice on all things political whose newsletter is considered by those in Washington, D.C. to be the definitive source for voting data analytics, Charlie Cook will use poll numbers, economic indicators, and historical data to discuss today’s political and legislative environment in a balanced, non-partisan way. Once deemed “the Picasso of election analysis” by the Wall Street Journal, his expertise and encyclopedic knowledge of American politics is regularly featured on myriad news outlets. In addition, Cook will discuss the effect of the election on the healthcare industry and what he anticipates the future will look like, as well as outline how the current pandemic has impacted the political landscape and race to the White House

  • Opioid Crisis – Where are We, What’s Next?

    Yngvild Olsen, MD, MPH, Medical Director for the Institutes for Behavior Resources Inc/REACH Health Services

    This presentation will provide an update on the current status of the opioid crisis, including how it’s evolved during the COVID-19 pandemic, and highlight recent federal and state-level efforts to address it. Dr. Olsen will describe the impact these efforts have had on treatment systems and patients, drawing from her own experience as a practitioner during these unprecedented times. The presentation will also look ahead to the future, past the COVID-19 pandemic, and Dr. Olsen will discuss what must be done to end the opioid crisis.

  • Better Together: Transforming Care Delivery with Health Information Technology

    Patty Obermaier, Vice President, U.S. Health & Life Sciences at Microsoft, and Lisa Khorey, Executive Vice President and Chief Client Delivery Officer at Allscripts

    In this Fireside Chat, attendees will learn about the strategic partnership between Allscripts and Microsoft. Allscripts will discuss the future of Sunrise in the cloud, how providers can transform and innovate during difficult times and what this transformation means for Sunrise™ electronic health record customers and their patients.

Sessions at a Glance

In addition to thought leadership, Allscripts will offer more than a hundred sessions for solution users presented by clients and Allscripts experts. During these sessions, clients will:

  • Hear Allscripts clients share stories of clinical, financial and operational excellence
  • Explore trends, innovations and what’s next for healthcare and Health IT, with interactive presentations by industry leaders
  • Learn from Allscripts solution leaders about what’s next for its core healthcare IT solutions
  • Receive practical guidance to help prepare for the industry-changing ONC regulation on Information Blocking and Interoperability, which all Allscripts clients should be preparing for
  • Join solution, sales and industry partners to learn about solution highlights that can improve and enhance outcomes for their organizations
  • Discover more about proposed and final rules from ONC and CMS, and how Allscripts continues to support regulatory compliance
  • Enjoy time with peers—connect with one another in Allscripts virtual spaces created specially to socialize

No Kid Hungry Partnership for GiveBack Initiative

COVID-19 is not just a healthcare crisis—it’s a human crisis. The World Health Organization estimates that by the end of 2020, the pandemic will have caused chronic hunger to increase by approximately 20% globally. During virtual ACE 2020, Allscripts will partner with No Kid Hungry to help raise funds and use combined efforts as a force for good.

“Allscripts understands the pressures the spread of COVID-19 is putting on healthcare organizations,” said Allscripts Chief Executive Officer, Paul Black. “While normally our clients attend ACE in person, this year we’re offering a free virtual experience, enabling us to pivot our resources as needed to adapt to the evolving crisis and more importantly, keep attendees safe. We look forward to connecting with our valued clients and partners to discuss the ways in which we come together to transform care delivery with health information technology.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts Healthcare, LLC

09/08/2020

Allscripts to Present at the Wells Fargo 2020 Virtual Healthcare Conference

CHICAGO–(BUSINESS WIRE)–Sep. 8, 2020–
Allscripts (NASDAQ: MDRX) today announced that certain members of its management team will present at the 2020 Wells Fargo Healthcare Conference on Wednesday, September 9 at 11:20 am ET.

The live webcast and replay can be accessed at http://investor.allscripts.com under the “Events and Presentations” section of the website.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts Healthcare, LLC

08/27/2020

Allscripts Continuing to Lead in Physician Practice Market With Series of New Wins

 Physician practices are selecting Allscripts to drive results and enable safer, more informed patient care

CHICAGO–(BUSINESS WIRE)–Aug. 27, 2020–
Allscripts ambulatory business has seen increasing momentum with 18 new physician practices selecting Allscripts (Nasdaq: MDRX) this year for ambulatory and population health solutions to help provide safer patient care, streamline operations and improve revenue for their organizations.

Family Medical Associates of Raleigh selected Allscripts® Practice Management, Allscripts Professional EHR™, Allscripts Payerpath and personal health record Allscripts FollowMyHealth® to manage its revenue cycle effectively and help provide high-quality care to its patients. Family Medical Associates of Raleigh provides family medicine to patients of all ages. It has been a Patient-Centered Medical Home (PCMH) since 2010, providing comprehensive and continuous medical care with the goal of improving the health of all patients.

Urology Centers of Alabama (UCA) selected Allscripts Practice Management, Allscripts Professional EHR, Allscripts Payerpath and personal health record, Allscripts FollowMyHealth. UCA is the largest urology group in Alabama, serving the Birmingham and surrounding areas. UCA specializes in the comprehensive treatment of urological disorders using the most advanced technology available. UCA has Centers of Excellence in the treatment of Prostate, Kidney and Bladder Cancer, Erectile Dysfunction, Female Incontinence, Robotic Surgery, Kidney Stones and Medical Research. With 24 urologists, two urogynecologists, two radiation oncologists, one medical oncologist, one pathologist, a team of physicians’ assistants and nurse practitioners and more than 200 employees, the practice has earned a well-deserved reputation for excellence in the Birmingham, AL medical community.

“Urology Centers of Alabama wanted to partner with an EHR provider that would allow us to continue our mission of providing state-of-the-art, patient-centered urologic care with integrity and compassion,” said Jason Biddy, Chief Executive Officer, Urology Centers of Alabama. “We feel confident that Allscripts will allow us to continue this mission and we look forward to a longstanding partnership.”

Urology Associates of Mobile selected the Allscripts Professional EHR suite, Allscripts Payerpath and personal health record Allscripts FollowMyHealth to help improve outcomes and streamline the patient experience. Urology Associates of Mobile is a renowned medical practice that provides the highest level of urologic, urogynecologic and urologic oncologic care at its locations in Mobile, Foley, Daphne, Grove Hill, Thomasville, AL and Lucedale, Mississippi.

AllCare Health, located in Grants Pass, OR, selected Allscripts Practice Management, Allscripts Professional EHR, Allscripts Payerpath and personal health record Allscripts FollowMyHealth to help independent physicians thrive and care for South Oregon’s population. AllCare Health is a physician-led organization that offers a wide range of quality health plans and services designed to meet the needs of the state’s diverse communities. Its team and integrated network of healthcare providers are fully committed to improving physician-led, member-focused healthcare for the communities within southern Oregon.

“We picked Allscripts because they have all the tools our physician practices and management services organization need,” said AllCare Health Director, eHealth Business Services, Greg Halsted. “An integrated EMR, PM, clearinghouse, portal and telehealth are allowing us to streamline operations and reduce the need for third party connections.”

Synovation Medical Group, located in Pasadena, CA selected Allscripts Practice Management, Allscripts Professional EHR, Allscripts Payerpath, Allscripts Revenue Cycle Management Services and personal health record Allscripts FollowMyHealth. Synovation Medical Group is a physician-owned, medical practice management company that provides physicians and healthcare organizations with comprehensive business support, management and marketing services, billing and collections solutions, and surgery center and real estate development. The organization also offers practice development, physician office staffing, IT support and medical practice consulting.

“We did a significant amount of due diligence during our vendor search, specifically around clinical, financial, and patient engagement operations,” said Synovation Medical Group Chief Information Officer, Damian Dyer. “Allscripts showed they have a robust platform that can serve the needs of our growing organization.”

“Physician practices and clinics play a critical role in the care continuum and are currently facing significant challenges brought on by the COVID-19 pandemic,” said Leah Jones, Senior Vice President and General Manager of Allscripts Ambulatory. “At Allscripts, we pride ourselves on offering solutions that receive significant input from physician users and advisors, like Allscripts Professional EHR. We’re excited to partner with these physician practices to continuously improve the quality of patient care delivered by their organizations.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

08/25/2020

Innovation Improves Care Delivery Around the World

Allscripts robust patent program earns five new application patents in eight days

CHICAGO–(BUSINESS WIRE)–Aug. 25, 2020–
Allscripts Healthcare Solutions (NASDAQ: MDRX) was recently awarded five separate patents over the course of just eight days, reflecting the company’s commitment to delivering unique solutions to its clients and demonstrating its significant momentum in health IT innovation. The Allscripts patent program is expected to add numerous additional patents throughout the remainder of 2020 as the company will deliver innovation to improve how clinicians deliver care and connect the overall patient experience.

Each of the patents recently awarded contributes to streamlining and improving healthcare delivery. For example, one of the patents is for an application that connects electronic health records (EHRs) to various wellness applications to provide patients frictionless goal-tacking functionality, which directly leads to a higher level of patient engagement. Another application enables API calls from EHRs to initiate searches over genetic testing data stores. A patent was also issued for an application that helps organizations secure data in a HIPAA-compliant manner that will not cause performance issues that are often associated with typical encryption practices.

With a long history as a leader in healthcare technology, Allscripts continues seizing opportunities to enrich its offerings. Through extensive investment in software R&D these efforts have resulted in an extensive patent program that has 150 patents issued plus another 150-plus patents currently pending. In 2013 there was one patent in the Allscripts portfolio. Allscripts’ vision remains firmly set on providing healthcare organizations the distinctive solutions they need to deliver excellent care.

“Innovation is at the core of everything we do and I’m proud of the visionary work our team consistently executes upon to grow the capabilities of our solutions to help our clients deliver better care,” said Allscripts CEO, Paul Black. “Allscripts believes that healthcare solutions should be open, for everyone, and leading-edge innovation is the driver to make that a reality.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts Healthcare Solutions

08/19/2020

Allscripts and Sheba Medical Center Launch Partnership to Further Healthcare Innovation

Healthcare IT vendor and Israeli hospital collaborate to create network of innovators

CHICAGO–(BUSINESS WIRE)–Aug. 19, 2020–
Allscripts (NASDAQ: MDRX) and Israel’s Sheba Medical Center have formed a partnership to accelerate the pace of artificial intelligence technologies and to improve patient care through the hospitals’ ARC Innovation Center. ARC, which is an acronym for accelerate, redesign, and collaborate, is the innovation arm of Sheba Medical Center which has a vision to transform healthcare by 2030.

Sheba Medical Center, which currently uses the Allscripts dbMotion™ Solution for seamless interoperability and patient data harmonization, will host a lab space to promote innovation projects. Named by Newsweek as one of the top-ten hospitals in the world, the 2,000-bed hospital is the largest one in Israel, with state-of-the-art facilities located on a comprehensive, all-inclusive campus with a full range of medical divisions and specialties.

ARC Innovation brings new technologies into the hospital and community healthcare ecosystem to further improve patient care. It enables data fluidity and integration amongst innovators; scientists; startups; high-level developers; large and small companies; investors; and academia all under one roof. The organization focuses on digital health technologies, including precision medicine, big data and predictive analytics, telemedicine and mobile health. There are six medical tracks, with a senior Sheba physician leading each: telemedicine, precision medicine, digital innovation focusing on big data and artificial intelligence, augmented and virtual reality, rehabilitation and surgical innovation.

As part of this joint initiative, Allscripts’ open system will be accessible in a space for researchers and developers, and ARC will serve as the platform for cooperation with Allscripts. In addition, Sheba Medical Center’s clinical and research staff and Israeli startups will assist by focusing on healthcare information technology. ARC and Allscripts will proactively seek out ideas and initiatives to enhance the development of new telemedicine and mobile solutions, including a future electronic health record encompassing home hospitalization medical information.

“Our partnership with Allscripts will provide a significant boost to startups and clinicians as they build new capabilities into Allscripts solutions through their unique Open platforms. With the need in rapid changes these days, we need a leader like Allscripts who’s agile, open and connected to the needs of patients, clinicians and governments”, stated Dr. Eyal Zimlichman, MD, MSc (MHCM), Deputy Director General, Chief Medical Officer and Chief Innovation Officer at Sheba Medical Center.

“Sheba Medical Center is an exemplar for successful healthcare delivery. Allscripts is proud to advance our partnership even further through the ARC initiative,” said Paul M. Black, Allscripts Chief Executive Officer. “Creating an environment that encourages collaboration between some of the brightest minds in healthcare information technology speaks to our commitment to continuously innovate, capitalizing on our 13 year commitment to an Open platform, and our long standing belief to include the best minds to advance and best meet the needs of providers and patients across the globe.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial, and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make more informed decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Sheba Medical Center, International Media Relations:

Steve Walz

972-52-233-0430

Steve.Walz@sheba.health.gov.il

Source: Allscripts

08/10/2020

Allscripts Announces Appointment of New Director to Board

Former Bechtel Corporation executive Carol Zierhoffer joins Board of Directors

CHICAGO–(BUSINESS WIRE)–Aug. 10, 2020–
Carol Zierhoffer has been named to the Board of Directors of Allscripts (NASDAQ: MDRX) Healthcare Solutions, Inc. A former executive at engineering and construction company Bechtel Corporation, Zierhoffer has more than 30 years of experience in information technology. She will serve as a member of the Audit Committee of the Board.

Most recently and until her retirement in October 2019, Zierhoffer served as the Senior Vice President and Global Chief Information Officer at Bechtel, where she oversaw the company’s Global Information Systems & Technology organization. Zierhoffer’s responsibilities included Bechtel’s business and technology solutions, cybersecurity, infrastructure and operations, innovation, emerging technology and knowledge management for the company’s business lines and projects worldwide.

“Carol Zierhoffer is a strong addition to our Board and her vast experience and success as a business leader will further bolster our efforts to serve Allscripts stakeholders,” said Chairman of the Board Michael Klayko. “Carol has a proven track record of execution and driving greater value and her breadth of knowledge will power her work alongside her fellow directors and Allscripts leadership.”

Prior to her time at Bechtel, Zierhoffer served as Vice President and Global Chief Information Officer of Xerox Corporation from 2012 through 2013. She also served as Vice President and Global Chief Information Officer of ITT Corporation from 2008 through 2011 and Vice President and Chief Information Officer of three Northrop Grumman Corporation sectors – Electronics, Information Technology and Mission Systems – from 2002 through 2008. Zierhoffer was a member of the board of directors, as well as the chair of the information technology committee and on the audit committee, of MedAssets, Inc., from April 2013 through January 2016.

Currently, Ms. Zierhoffer serves on the board of directors of Vizient Inc., on the executive advisory board of Nutanix, Inc. and as a founding board member of A Little Compassion, a non-profit company focused on creating opportunities for young adults with disabilities to build a bridge to adulthood.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

08/03/2020

Allscripts Cloud-Based EHR Solution to Support MicroHealth, LLC for Use Within the United States Department of State

CHICAGO–(BUSINESS WIRE)–Aug. 3, 2020–
Allscripts (NASDAQ: MDRX) today announced that it will serve as a subcontractor to the prime contractor, MicroHealth, LLC, a health information technology firm, as they work to migrate the U.S. Department of State medical health units to a cloud-based solution for its global electronic health records.

MicroHealth will implement Allscripts TouchWorks® EHR, along with FollowMyHealth®, as the integrated mobile personal health record. Through this teaming arrangement, approximately 450 healthcare providers and other clinical staff at the Department of State will gain access to the scalable EHR as it is deployed around the world at more than 200 designated Health Units housed within embassies and missions on a rolling basis through 2023.

“Allscripts is honored to work with MicroHealth to provide our industry-recognized EHR for the benefit of Department of State patients and clinicians,” said Allscripts Chief Executive Officer, Paul Black. “Allscripts has the right set of solutions to complement MicroHealth’s expertise in support of this important initiative.”

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

© 2020 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

Investors:

Stephen Shulstein

312-386-6735

Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

07/30/2020

Strata Decision Technology to Acquire EPSi From Allscripts

CHICAGO–(BUSINESS WIRE)–Jul. 30, 2020–
Strata Decision Technology (Strata), a pioneer and leader in the development of cloud-based financial planning, analytics and performance tools for healthcare, today announced that it has reached a definitive agreement to acquire EPSi from Allscripts (NASDAQ: MDRX) for $365 million. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730006054/en/

“By bringing these two outstanding companies together, we believe that we can build one of the most important companies in helping to solve the biggest problem in healthcare – the cost of it,” said Dan Michelson, Chief Executive Officer of Strata. “Our focus will be to accelerate innovation to provide broader and deeper solutions to help our customers, deliver the highest service levels in the industry, and create the very best place to work in healthcare.”

Hospitals and healthcare delivery systems were already under significant financial pressure with margins rapidly declining over the last few years. COVID-19 has caused a significant increase in the cost of care coupled with major declines in both patient and procedure volume, creating what is seen as the biggest financial crisis in the history of healthcare. The combination of Strata and EPSi will bring healthcare providers a set of innovative solutions and services to help them better plan, analyze and perform in support of providing care in the communities that they serve.

“Strata is a world-class company that will provide both an ideal and permanent home for EPSi,” said Rick Poulton, Allscripts President and Chief Financial Officer. “This agreement is a triple win for EPSi customers and Allscripts shareholders as it allows us to efficiently recirculate capital, increase our focus on our core businesses, and bring our EPSi customers the benefit of continued investment under new and very strong ownership.”

The transaction is expected to close later this year, subject to regulatory approval and customary closing conditions. Allscripts has owned the EPSi business since it acquired Eclipsys, Inc. in 2010. Upon closing of the transaction, the EPSi customer base and associates will transition to Strata. The two companies will operate independently until the deal closes.

RBC Capital Markets, LLC served as Allscripts’ exclusive financial advisor in connection with the sale of EPSi and Zeigler served as financial advisor to EPSi management.

About Strata Decision Technology

Strata Decision Technology provides an innovative cloud-based financial analytics and performance platform that is used by healthcare providers for financial planning, decision support and continuous improvement. Founded in 1996, the Company’s customer base includes over 220 healthcare delivery systems. The Company’s StrataJazz® application is a single integrated software-as-a-service platform that includes modules for capital planning, continuous improvement, contract modeling, cost accounting, cost management, decision support, financial forecasting, management reporting, operational budgeting and performance improvement and strategic planning. The Company’s headquarters are in Chicago, IL. For more information, please visit www.stratadecision.com.

About Allscripts

Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions and deliver better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

Strata:

Lesley Weisnbacher

312.827.3379

lweisenbacher@stratadecision.com

Investors:

Stephen Shulstein

312-386-6735

stephen.shulstein@allscripts.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@allscripts.com

Source: Allscripts

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