February 21, 2017 1:31 AM ET

Health Care Technology

Company Overview of Allscripts Healthcare Solutions, Inc.

Company Overview

Allscripts Healthcare Solutions, Inc. provides information technology and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records, connectivity, hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. The company’s Clinical and Financial Solutions segment provides integrated clinical software applications and financial and information solutions, which primarily include EHR-related, and financial and practice management software solutions, as well as related installation, support and maintenance, outsourcing, hosting, revenue cycle management, training, and e...

222 Merchandise Mart Plaza

Suite 2024

Chicago, IL 60654

United States

Founded in 1986

Phone:

312-506-1200

Key Executives for Allscripts Healthcare Solutions, Inc.

Chief Executive Officer and Director
Age: 58
Total Annual Compensation: $1.0M
President
Age: 51
Total Annual Compensation: $505.7K
Senior Vice President of Operations
Age: 53
Total Annual Compensation: $424.3K
Executive Vice President of Solutions Development
Age: 49
Total Annual Compensation: $418.7K
Senior Vice President, General Counsel and Corporate Secretary
Age: 46
Total Annual Compensation: $398.8K
Compensation as of Fiscal Year 2015.

Allscripts Healthcare Solutions, Inc. Key Developments

Allscripts Healthcare Solutions, Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2016; Provides Earnings Guidance for the Year 2017

Allscripts Healthcare Solutions, Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total revenue of $425.4 million, income from operations of $12.5 million, loss before income taxes of $12.3 million, net loss attributable to company stockholders of $7.4 million or $0.04 per basic and diluted share, net cash provided by operating activities of $83.9 million, capital expenditures of $10.4 million, total non-GAAP operating income of $60.9 million, non-GAAP net income attributable to company of $26.4 million or $0.14 per diluted share, adjusted EBITDA of $83.9 million compared to the total revenue of $245.6 million, income from operations of $23.1 million, income before income taxes of $14.8 million, net income attributable to company stockholders of $16.4 million or $0.09 per basic and diluted share, net cash provided by operating activities of $83.3 million, capital expenditures of $4.1 million, total non-GAAP operating income of $44.1 million, non-GAAP net income attributable to company of $25.5 million or $0.13 per diluted share, adjusted EBITDA of $65 million for the same quarter a year ago. For the year, the company reported total revenue of $1,549.9 million, income from operations of $59.8 million, loss before income taxes of $14.8 million, net income attributable to company stockholders of $3.0 million or $0.14 per basic and diluted share, net cash provided by operating activities of $269 million, capital expenditures of $35.4 million, total non-GAAP operating income of $219 million, non-GAAP net income attributable to company of $104.1 million or $0.55 per diluted share, adjusted EBITDA of $303.7 million compared to the total revenue of $1,386.4 million, income from operations of $31.9 million, income before income taxes of $0.6 million, net loss attributable to company stockholders of $0.2 million or $0.01 per basic and diluted share, net cash provided by operating activities of $211.6 million, capital expenditures of $18.3 million, total non-GAAP operating income of $151.7 million, non-GAAP net income attributable to company of $88 million or $0.47 per diluted share, adjusted EBITDA of $242.6 million for the previous year. The company provided earnings guidance for the year 2017. For the year 2017, the company expected Non-GAAP revenue of between $1.71 billion and $1.74 billion. Adjusted EBITDA of between $345 million and $365 million. Non-GAAP earnings per share growth of between 10% to 15%.

Allscripts Healthcare Solutions Announces Executive Appointments

Allscripts Healthcare Solutions announced two additions to its executive team. Lisa Khorey joined Allscripts in the newly created role of Chief Client Delivery Officer, and Alan Fowles was named President of Allscripts International. Khorey and her team will focus on all aspects of delivering Allscripts product and solution suites to clients. These efforts underscore Allscripts renewed focus on delivering top-notch, highly coordinated service to clients. Fowles will lead the Allscripts team as the company continues its growth internationally, working with clients to effectively deploy technology to improve the health of the populations they manage. Khorey joins Allscripts from Ernst & Young, where she was the Executive Director of E&Y’s National Provider Practice, specializing in analytics.

ePatientFinder and Allscripts Launch GeoPrecise Solution, a Game-Changing Heatmap Tool for Clinical Trial Site Selection and Patient Identification

ePatientFinder and Allscripts announced the release of GeoPrecise™, a comprehensive heatmap tool that redefines the way patient data is utilized for clinical trial site selection and patient identification. GeoPrecise, a powerful patient identification and site feasibility analytics tool, enables clinical trial sponsors and contract research organizations (CROs) to tap into the powerful analytics of ePatientFinder's Clinical Trial Exchange™ platform and Allscripts' 45,000,000 unique electronic health records (EHRs) to pinpoint and enroll protocol-eligible patients in specific geographic regions across the country more quickly and efficiently than ever before. For the first time ever, ePatientFinder's and Allscripts' GeoPrecise tool makes heatmaps actionable.

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