Veradigm Stock Price, News & Analysis

Allscripts Healthcare Solutions has announced a new share repurchase program approved by its Board of Directors, allowing the buyback of up to $350 million of its common stock. This program replaces the previous authorization of $300 million, which was fully utilized by the company. Allscripts emphasizes its strong financial performance and balance sheet as enabling factors for this expansion. The repurchase will be conducted in the open market or through negotiated transactions, with no set termination date.

Veradigm, part of Allscripts Healthcare Solutions (NASDAQ: MDRX), has announced a partnership with Lash Group to enhance specialty medication management through the Veradigm AccelRx™ platform. This collaboration aims to simplify the specialty enrollment process by enabling better technology integration with electronic health record (EHR) systems. The goal is to expedite the delivery of specialty medications to patients, reducing wait times and improving health outcomes. CEO Tom Langan emphasized the importance of adopting new technologies to streamline the approval processes for specialty drugs.

Allscripts (NASDAQ: MDRX) has announced a significant expansion of its partnership with Blessing Health System, now covering three facilities: Blessing Health Keokuk, Hannibal Clinic, and Scotland County Hospital. The agreement has been extended through 2028 and includes the acquisition of Allscripts Managed Services. Blessing Health System's CEO highlighted the importance of Allscripts' technology in enhancing patient care, while Allscripts' CEO expressed commitment to supporting healthier communities through this collaboration.

Allscripts (NASDAQ: MDRX) announced its management team will present at the 2021 Bank of America Health Care conference on May 11 at 11:00 am ET. Investors and interested parties can access the live webcast and replay via the Allscripts investor relations website under the 'Events and Presentations' section. As a leader in healthcare IT solutions, Allscripts strives to improve clinical, financial, and operational outcomes by connecting data and caregivers in a community-focused network.

Allscripts (NASDAQ: MDRX) has introduced ADP Empower, a new initiative under the Allscripts Developer Program aimed at promoting diversity in the healthcare technology sector. This program offers resources to underrepresented entrepreneurs, including partnership opportunities and one-on-one guidance at no cost. ADP Empower seeks to foster innovation by creating a community that reflects diverse perspectives and needs, enhancing lead generation for minority-led companies. Applications for the inaugural cohort are open until May 28, 2021.

Allscripts Healthcare Solutions (MDRX) reported its financial results for Q1 2021, with bookings rising to $194 million from $183 million in Q1 2020. Revenues decreased to $368 million compared to $381 million in the same period last year. However, GAAP net income improved to $9 million from a $20 million loss year-over-year. Non-GAAP earnings per share were $0.19, up from $0.02. The company affirms its annual outlook, expecting revenues of $1.5 billion and an Adjusted EBITDA between $240 million and $260 million.

Allscripts Healthcare Solutions (Nasdaq: MDRX) will release its Q1 2021 financial results on April 29, 2021, after market hours. The announcement will be accessible on the company's investor relations website. Following this, management will host a conference call at 4:30 PM ET to discuss the earnings report. A replay of the call will be available for four weeks. Allscripts focuses on healthcare IT solutions that enhance clinical and operational outcomes through connectivity.

Allscripts Healthcare (NASDAQ: MDRX) has partnered with Revo Health to enhance the financial and operational performance of i-Health clinics. This collaboration will integrate Allscripts Practice Management and Payerpath, aiming to optimize workflows and boost productivity. i-Health operates various medical specialties, and Revo supports them by managing several departments, including HR and Revenue Cycle. The partnership is expected to help both organizations focus on delivering quality patient care while improving their bottom line through effective healthcare solutions.

Allscripts Healthcare Solutions (NASDAQ: MDRX) has been selected by Mercy Iowa City to implement the Allscripts Sunrise platform, powered by Microsoft Azure, as its core electronic health record (EHR). This partnership aims to enhance care delivery and simplify technology for the community hospital, which serves a large patient base in Eastern Iowa. Mercy Iowa City emphasizes a commitment to integrated care, and Allscripts' Sunrise EHR promises improved clinician experiences and patient outcomes through its comprehensive and interoperable platform.