CHICAGO, May 7 /PRNewswire-FirstCall/ — Allscripts today announced that
Cardinal Health (NYSE: CAH), one of the largest health care distributors in
the country, will offer the Allscripts MyWay(TM) Electronic Health Record to
its physician customers across the nation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081013/AQM041LOGO)
Surveys indicate 95 percent of physicians in small practices currently do
not have an Electronic Health Record (EHR) and would need to adopt one to
qualify for a maximum of between $44,000 and $64,000 per physician in new
federal incentives. The American Recovery and Reinvestment Act of 2009
provides for the incentives over five years, beginning in fiscal 2011, for
physicians who demonstrate meaningful use of a certified EHR system.
Additionally, physicians who have not adopted a certified Electronic Health
Record by 2015 will have their Medicare reimbursements reduced by 1 to 3
percent each year.
The addition of the Allscripts MyWay EHR to Cardinal Health’s extensive
portfolio of products and services enables the company to serve as a one-stop
provider for physician practice’s needs.
“Cardinal Health is committed to helping physicians improve the efficiency
of their practices and the quality of the care they provide,” said Kenny
Wilson, senior vice president and general manager of Cardinal Health’s
Ambulatory Care business. “Our partnership with Allscripts is a great example
of how Cardinal Health helps physician practices improve through the use of
innovative technologies.”
The Allscripts MyWay EHR is available as both a SaaS (Software as a
Service) and on-premise solution, and offers robust capabilities for
electronic health, practice management and claims management. The solution is
designed to help small physician practices overcome cost and IT complexity
barriers.
“Our partnership with Cardinal Health provides a trusted channel to help
physician offices enter the electronic healthcare highway cost-effectively and
with minimal IT headaches,” said Glen Tullman, Chief Executive Officer of
Allscripts. “As physicians move to take advantage of the stimulus incentives,
our focus is on successful adoption and use of electronic health records, not
simply acquisition.”
About Allscripts
Allscripts (Nasdaq: MDRX) uses innovation technology to bring health to
healthcare. More than 150,000 physicians, 700 hospitals and nearly 7,000
post-acute and homecare organizations utilize Allscripts to improve the health
of their patients and their bottom line. The company’s award-winning
solutions include electronic health records, electronic prescribing, revenue
cycle management, practice management, document management, medication
services, hospital care management, emergency department information systems
and homecare automation. Allscripts is the brand name of Allscripts-Misys
Healthcare Solutions, Inc. To learn more, visit www.allscripts.com.
This news release may contain forward-looking statements within the
meaning of the federal securities laws. Statements regarding future events,
developments, the Company’s future performance, as well as management’s
expectations, beliefs, intentions, plans, estimates or projections relating to
the future are forward-looking statements within the meaning of these laws.
These forward-looking statements are subject to a number of risks and
uncertainties, some of which are outlined below. As a result, actual results
may vary materially from those anticipated by the forward-looking statements.
Among the important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements are: the
volume and timing of systems sales and installations; length of sales cycles
and the installation process; the possibility that products will not achieve
or sustain market acceptance; the timing, cost and success or failure of new
product and service introductions, development and product upgrade releases;
competitive pressures including product offerings, pricing and promotional
activities; our ability to establish and maintain strategic relationships;
undetected errors or similar problems in our software products; compliance
with existing laws, regulations and industry initiatives and future changes in
laws or regulations in the healthcare industry; possible regulation of the
Company’s software by the U.S. Food and Drug Administration; the possibility
of product-related liabilities; our ability to attract and retain qualified
personnel; our ability to identify and complete acquisitions, manage our
growth and integrate acquisitions; the ability to recognize the benefits of
the merger with Misys Healthcare Systems, LLC (“MHS”); the integration of MHS
with the Company and the possible disruption of current plans and operations
as a result thereof; maintaining our intellectual property rights and
litigation involving intellectual property rights; risks related to
third-party suppliers; our ability to obtain, use or successfully integrate
third-party licensed technology; breach of our security by third parties; and
the risk factors detailed from time to time in our reports filed with the
Securities and Exchange Commission, including our 2007 Annual Report on Form
10-K available through the Web site maintained by the Securities and Exchange
Commission at www.sec.gov. The Company undertakes no obligation to update
publicly any forward-looking statement, whether as a result of new
information, future events or otherwise.
SOURCE: Allscripts – 05/07/2009
CONTACT: Dan Michelson, Chief Marketing Officer, +1-312-506-1217,
dan.michelson@allscripts.com;
or Todd Stein, Senior Manager/Public Relations,
+1-312-506-1216, todd.stein@allscripts.com,
both of Allscripts
Web Site: https://www.allscripts.com
(MDRX CAH)
CO: Allscripts; Cardinal Health