Allscripts Healthcare Solutions, Inc.
), a leading player in the health care information technology
(HCIT) market, recently reported that Salford Royal NHS
Foundation Trust installed the Allscripts Sunrise Clinical
Manager (SCM). The installation of this acute care Electronic
Health Record occurred around Jun 8, 2013 without time and cost
Salford Royal has used an Electronic Patient Record for more
than 10 years. Its adoption of SCM will enable it to provide
enhanced care to almost 240,000 patients.
Salford Royal transferred about a million patient records to
the new technology. It also shifted 180 million orders, results
Sunrise Clinical Manager has a sophisticated Computerized
Provider Order Entry, acute critical care offerings and other
Salford Royal NHS Foundation Trust is a composite provider of
hospital and other services, including its University Teaching
Hospital. It provides services to both the City of Salford and
Greater Manchester area in the UK.
We are of the opinion that acute and ambulatory care will
continue to converge in the future. Also, Allscripts is
positioned to provide integrated clinical applications for health
care providers to satisfy their requirements and eventually
comply with an outcomes-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.
). The stock carries a Zacks Rank #3 (Hold).
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