Veradigm Stock Price, News & Analysis

Allscripts Healthcare Solutions (MDRX) reported its Q4 2020 results, showing bookings of $220 million, down from $312 million in Q4 2019. GAAP revenue decreased to $386 million, while non-GAAP revenue fell to $415 million. The company posted a GAAP loss from operations of $68 million, up from a loss of $55 million in the prior year. However, GAAP net income reached $728 million, a significant improvement from a $19 million loss in Q4 2019. For 2021, Allscripts expects revenue of $1.5 billion and adjusted EBITDA of $240-$260 million.

Allscripts Healthcare Solutions (NASDAQ: MDRX) hosted Israeli President Reuven Rivlin and Beer Sheva Mayor Ruvik Danilovich to discuss their dbMotion interoperability solution, which connects 30 health organizations nationwide. This enhanced epidemiological capabilities during the COVID-19 pandemic, aiding the Ministry of Health. dbMotion facilitates over 14M patient transactions monthly, serving 31,000+ providers and 1,000+ hospitals. Allscripts aims to support healthcare delivery amidst challenges, emphasizing their commitment to innovation and effective data sharing.

Pulse8, part of Veradigm, has received MY 2020 Measure Certification from the NCQA for its Qualit8 product. This certification enhances their offerings by integrating established Quality Improvement Analytics with NCQA-certified HEDIS Measurement and Reporting Software. The new solution will streamline operations for health plan customers by processing all HEDIS MY 2020 measures and providing improved administrative efficiency. Pulse8 aims to eliminate unnecessary interventions, enhancing focus on critical health care elements.

Allscripts Healthcare Solutions, Inc. (Nasdaq: MDRX) will announce its financial results for Q4 and full-year 2020 on February 25, 2021, after market close. A conference call to discuss the earnings will be held at 4:30 p.m. ET the same day. The announcement will be available on the Allscripts investor relations website. Interested participants can join the call by dialing (877) 269-7756 or (201) 689-7817, using Conference ID #13715828. A replay will be accessible for four weeks post-call.

ConnectiveRx has partnered with Veradigm, a unit of Allscripts (NASDAQ: MDRX), to enhance patient access to prescription-related information. The three-year agreement, effective from March 1, 2021, allows ConnectiveRx to deliver electronic coupons to over 130 million patients via Allscripts’ EHR platforms. In 2020, over 200 million electronic prescriptions were processed through the Allscripts network. This partnership aims to improve medication adherence and awareness, benefiting both healthcare providers and patients.

Allscripts Healthcare Solutions (NASDAQ: MDRX), along with MATTER, Microsoft, and the ARC Innovation Center at Sheba Medical Center, hosted a virtual pitch competition centered on innovative health IT solutions. In honor of Florence Nightingale's legacy, eight organizations presented ideas to enhance electronic health records and lessen nurses' workloads. DeepScribe won the challenge with its AI-powered medical scribe, receiving multiple benefits, including marketing support and opportunity to present its solution to experts. Allscripts emphasizes the importance of innovation in healthcare delivery.

Allscripts Healthcare Solutions (NASDAQ: MDRX) has partnered with US Orthopedic Alliance (USOA) to enhance orthopedic practices across the nation. This collaboration aims to provide state-of-the-art technology solutions, improve EHR implementation, and foster community-wide connectivity with value-based care analytics. USOA, serving over 100 orthopedic surgeons and multiple facilities, will leverage Allscripts' expertise to create a scalable platform that enhances operational efficiency while prioritizing patient-centered care.

The Gippsland Health Alliance (GHA) is expanding its Allscripts Sunrise™ electronic health record (EHR) across Gippsland, Victoria. Phase 3 of the EHR Community Health project involves implementing the Sunrise Emergency Care module at four hospitals. Allscripts previously rolled out its Sunrise EHR at Latrobe Regional Hospital, enhancing health services across the region. The cloud-based system's efficiency supports GHA's goal to improve care quality. This expansion aligns with international best practices, aiming for a connected health community in the Gippsland region.

Allscripts (NASDAQ: MDRX) announced that members of its management team will present at the 2021 J.P. Morgan Virtual Healthcare Conference on January 12 at 2:50 pm ET. The event will be accessible via a live webcast and replay on the Allscripts investor website under the "Events and Presentations" section. Allscripts is recognized as a leader in healthcare IT solutions, enhancing clinical, financial, and operational results by connecting caregivers and patients within an Open, Connected Community of Health.