Veradigm Stock Price, News & Analysis

Veradigm Inc. (NASDAQ: MDRX) announces that its patient engagement platform, Veradigm FollowMyHealth, has been recognized by KLAS as the Most Improved Software Product in the 2023 Best in KLAS report. This distinction highlights the platform's enhanced customer satisfaction levels over the past year, showcasing its mobile-first approach that elevates patient accessibility and engagement. Veradigm FollowMyHealth aims to foster a collaborative healthcare environment by providing solutions tailored to diverse patient demographics, thereby driving better experiences for both patients and healthcare providers.

Veradigm (NASDAQ: MDRX) has announced the availability of its EHR data in the OMOP CDM format, enhancing delivery flexibility for its clients. This new format contains over 170 million patients from various EHR systems, providing essential real-world data for research purposes. The switch to OMOP version 5.3.1 aims to streamline data sales and improve analytics capabilities. Veradigm's Evalytica® platform will integrate with this data, allowing users to conduct efficient analysis and build reusable cohorts. This move represents a significant upgrade, ensuring that clients can address critical research questions effectively.

Veradigm Inc. (NASDAQ: MDRX) has approved a new share repurchase program allowing it to buy back up to $250 million of its common stock, replacing the previous program which was nearly fully used in 2022. The company repurchased $57 million in Q4 2022 for a total of $234 million for the year. Additionally, Veradigm provided initial financial guidance for Fiscal 2023, projecting revenue between $640 million and $660 million and non-GAAP EPS between $0.90 and $1.00.

Veradigm Inc. (NASDAQ: MDRX) announced robust fourth quarter performance, adding significant new business across payer, life science, and provider markets. The Payer segment grew by 26% annually, adding 6 new clients. In the Provider market, there was a remarkable 200% year-over-year increase in revenue cycle management clients, totaling 30 new clients. Moreover, Veradigm Life Science signed over 20 agreements in Q4, leveraging its de-identified patient dataset. The company aims to enhance interoperability and integration to improve healthcare outcomes.

Veradigm Inc. (NASDAQ: MDRX) has announced a significant investment in Holmusk, contributing to its $45 million series B financing round. This partnership aims to enhance Holmusk's NeuroBlu Database, a vital resource for real-world clinical behavioral health data. Veradigm will also collaborate with Holmusk to integrate de-identified patient data into this database.

CEO Rick Poulton emphasized the importance of addressing mental health issues exacerbated by the COVID-19 pandemic. This collaboration positions Veradigm as a key player in advancing behavioral health solutions.

Veradigm Inc. (Nasdaq:MDRX), formerly Allscripts Healthcare Solutions, announced that CEO Rick Poulton will present at the 2023 J.P. Morgan Healthcare Conference on January 11, 2023, at 3:45 PM PST. The live audio webcast will be available, along with a replay, accessible via the J.P. Morgan link. Veradigm is committed to transforming healthcare through innovative technology and data solutions.

Allscripts Healthcare Solutions, Inc. has officially rebranded to Veradigm Inc. (NASDAQ: MDRX) effective January 1, 2023. This transition marks the culmination of a two-year effort to align its solutions with the Veradigm brand. The Veradigm Network connects over 300,000 healthcare providers and represents more than 170 million patients, focusing on interoperable solutions that enhance patient care. The change aims to position Veradigm as a leader in value-based care, integrating all previous Allscripts assets into one cohesive network.

Sphere announced the integration of its TrustCommerce platform with Veradigm Practice Management (formerly Allscripts) on November 30, 2022. This integration allows healthcare providers to accept and post payments in real-time, enhancing staff efficiency and reducing errors. Key benefits include automated payment processes, improved security through encrypted transactions, and ongoing customer support. The collaboration aims to streamline the patient financial experience and optimize operational performance for healthcare providers.

Veradigm, a business unit of Allscripts (NASDAQ: MDRX), has joined The Point of Care Marketing Association (POCMA) as its first EHR marketing solution member. Stuart Green, Veradigm's Senior VP & General Manager, has joined POCMA's board of directors. The POCMA advocates for the effective use of point of care communication to improve patient healthcare outcomes. Veradigm aims to leverage this membership to enhance awareness of innovative marketing channels and contribute to industry best practices.