March 14, 2013
After 15 years at the helm of Allscripts, the EHR vendor he helped steer through years of growth and change, Glen Tullman is poised to join the ranks of serial entrepreneurs. He and Allscripts colleague Lee Shapiro, who served as president, have set their sights on starting a new company -- or maybe multiple companies -- in the mobile healthcare arena.
February 20, 2013
Allscripts President and CEO Paul Black condensed it all in one sentence: "Our fourth quarter and 2012 financial results did not meet our expectations." The company tallied a net loss of $24.3 million for the fourth quarter and a total net loss of $1.2 million for all of 2012. Fourth quarter revenue of $350.9 million was down 9.6 percent compared with the same quarter in 2011.
January 30, 2013
"Concerned, but not panicking," is how John Bosco, chief information officer (CIO) at North Shore Long Island Jewish Health System, Allscripts' biggest customer, described his reaction to the electronic health record (EHR) vendor's Dec. 19 announcement that CEO Glen Tullman would be stepping down after 15 years at the helm - and that former Cerner executive Paul Black would now be steering the ship.
December 21, 2012
"Concerned, but not panicking," is how Allscripts' biggest customer describes his reaction to the EHR vendor's switch at the top -- one that has CEO Glen Tullman stepping down, and former Cerner executive Paul Black, now steering the ship. Allscripts customers give both men kudos for leadership, but say the turnaround has to be decisive -- and quick.
December 20, 2012
Allscripts CEO Glen Tullman has resigned, and Paul M. Black, former chief operating officer at Cerner, is taking the reins as president and CEO of the company after months of turmoil and speculation on its potential sale.
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November 12, 2012
Allscripts CEO Glen Tullman made it official Thursday: His firm is indeed looking at what it calls "strategic alternatives" amidst recent speculation about a sale of the company. Tullman also announced falling sales in Q3, with net income for the quarter nearly $10 million less than a year ago -- $9.4 million, compared with $19.1 million.
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October 15, 2012
Electronic health record systems vendor Allscripts, which is said to be shopping for a buyer, announced Monday that Richard J. Poulton will sign on as chief financial officer, effective Oct. 29.
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October 05, 2012
Several news outlets have reported recently that EHR vendor Allscripts might be shopping around for a buyer, and at least one analyst says that might be a good idea.
September 14, 2012
The second quarter of 2012 proved to be better than the troubled first quarter for Allscripts. The EHR company reported Q2 bookings of $194.1 million, revenue of $370 million and cash flow from operations at $58.8 million, better than what financial analysts expected.
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August 09, 2012
The second quarter of 2012 proved to be better than the troubled first quarter for Allscripts. The EHR company reported Q2 bookings of $194.1 million, revenue of $370 million and cash flow from operations at $58.8 million, better than what financial analysts expected.
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August 03, 2012
Lobbying gets a bad rep. With billions spent each year by special interest groups and remnants of the Jack Abramoff massacre lingering in peoples' minds, its reputation doesn't come as a big surprise.
June 12, 2012
In real estate, it’s all about location, location, location, they say. In healthcare IT, you might say it’s about integration, integration, integration. Allscripts CEO Glen Tullman is keenly aware of how critical product integration is, he says, and he’s working on it. It’s the difficulties with integration that seem to have led to the EHR company’s recent troubles – at least it’s what Allscripts customers and analysts mention most often.
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June 12, 2012
It’s not business as usual, but more like rebooting at Allscripts headquarters now that the waves are beginning to settle after what some market analysts described as a “dismal” quarter for the electronic health record company.
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June 01, 2012
In an agreement with one of its largest shareholders, beleaguered EHR vendor Allscripts plans to shore up its board of directors with three new independent members. As a result, investor HealthCor will drop its lawsuit against the company.
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May 22, 2012
Healthcor Manangement, LP, one of the largest shareholders of health IT company Allscripts, has filed a lawsuit against the company in an effort to remove CEO Glen Tullman, according to a Reuters report.
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May 17, 2012
In a move analysts said would be critical to its recovery, EHR company Allscripts on Wedenesday, named two independent members to its board of directors. The board had been left decimated last month after its chairman Phil Pead was fired and three board members resigned in protest after a turbulent quarterly meeting.
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May 15, 2012
Allscripts had a great fall. CEO Glen Tullman says he and his team will put the EHR company together again -- better and stronger. He talks about what went wrong, the difficulties of integration, plans for recovery and Allscripts' future in the market.
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April 30, 2012
After what turned out to be a sea-changing Q1 earnings meeting April 26, which saw the ejection of its board chairman and three other board members reportedly quitting in protest, Allscripts on Monday moved quickly to begin to right the ship, with the announcement of a new chairman.
April 27, 2012
Allscripts Healthcare Solutions, Inc. has announced that it expects to report the following financial results for the three months ended March 31, 2012.
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April 27, 2012
It was no ordinary quarterly meeting Thursday for Allscripts. Its chairman Phil Pead was, by many accounts, forced out. Three board members apparently resigned in protest. And this morning, the EHR vendor's shares have plunged almost 43 percent to $9.15.
