Allscripts Healthcare Solutions, Inc.
), a leading player in the health care information technology
(HCIT) market, recently announced that ProMedica has adopted the
dbMotion interoperability system to build a base for population
health management and improve its Accountable Care
Allscripts' dbMotion will permit ProMedica to manage data from
inpatient, outpatient and other sources. The purpose will be to
engage in timely analysis and delivery of information within the
Accountable Care Organization. dbMotion permits effective
feedback to caregivers based on actionable data.
ProMedica, based in Toldeo, Ohio, is a non-profit healthcare
entity with almost 1,700 doctors. It has 11 hospitals and over
310 medical establishments providing a wide range of medical
care. ProMedica owns a health insurance company,
We are of the opinion that acute and ambulatory care will
continue to converge in the future. In addition, Allscripts is
positioned to provide integrated clinical applications for health
care providers to satisfy their requirements and eventually
comply with an outcome-based reimbursement system.
As a potential takeover target, Allscripts presents a
lucrative opportunity for firms seeking entry into the HCIT
industry. It has a wide user base and enjoys many opportunities
vis-à-vis its peers. Its mergers with Misys and Eclipsys have
expanded opportunities and reach in practice management (PM) and
Electronic Health Record (EHR) markets substantially and
increased cross-selling opportunities. We believe that Allscripts
is well positioned in the fast growing business of selling EHR to
physician practices as well as inpatient settings.
The HCIT market is competitive and price sensitive. Among
others, Allscripts faces strong competition from
Quality Systems Inc.
). Allscripts carries a Zacks Rank #3 (Hold).
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