Allscripts Healthcare, LLC

Allscripts Healthcare, LLC Overview

Company Headquarters: Illinois, US ‎

Founded: 1986

Workforce: ~8,400

Company Working: Allscripts Healthcare, LLC (Allscripts) is a leader in healthcare information technology solutions, providing advanced clinical, financial, and operational results to clients. The company offers comprehensive healthcare industry solutions designed to help clients improve the quality and efficiency of healthcare services by providing electronic health records (EHR), financial management, population health management, and precise medicine/consumer solutions. The company has a global presence across 7 countries: the US, Australia, India, Canada, Singapore, Israel, and the UK.

Strategy

Allscripts Healthcare, LLC focuses on expanding its software and solutions business in terms of product reach and target users. The company aims to provide smarter products that connect providers to patients and payers in all healthcare settings. It focuses on innovating new products that help healthcare providers better manage the patient population, especially patients suffering from chronic diseases.

Company Snapshot

$1,632.6M

Revenue

8,400

Employees

1986

Founded

Illinois, US ‎

Headquarters

SWOT Analysis

Strengths

Diverse product portfolio of electronic medical records software (EMR) solutions
High free cash flow
Highly skilled workforce due to staff training programs
Strong global presence

Weaknesses

Insufficient financial planning
Highly dependent on the US for sales

Opportunities

Strategic expansion into untapped regions
Rapid advancement in allied technology like API integration, IoT, big data

Threats

Rising competition in the healthcare IT space
Changing regulatory environment

Key Developments

Date	Approach	Development
January 2018	Acquisition	Allscripts Healthcare, LLC (US) acquired Practice Fusion (US), a health IT vendor, to offer cloud-based EHR and data analytics tools for life science companies. The acquisition will allow Allscripts to extend its big data analytics capabilities, gain clientele among smaller physician practices, and continue to deliver data-driven solutions to the life science sector.

Product Offering

Allscripts Healthcare, LLC
- Healthcare Big Data Analytics Market

Financial Performance

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