Continue in 2 seconds

Tough Quarter for Allscripts; Company Evaluates ‘Strategic Alternatives’

Published
  • November 08 2012, 6:41pm EST

Bookings for inpatient/ambulatory software vendor Allscripts plummeted during the third quarter of 2012 as providers deferred on purchase decisions or waited for new product releases.

The company confirmed it is evaluating strategic alternatives, including sale of the company. Bloomberg News in October reported that Allscripts had received bids from private equity firms. Allscripts also added in a release that “in light of the decision to evaluate strategic alternatives, it is withdrawing its 2012 annual guidance.”     

Register or login for access to this item and much more

All Health Data Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access

Comments