Allscripts announces strategic acquisitions of dbMotion and Jardogs
Combined with the existing
These acquisitions advance Allscripts' strategy to offer full integration of heterogeneous systems across the care continuum, enabling solutions for a
dbMotion provides a strategic platform for care coordination and population health management that integrates discrete patient data from diverse care settings, regardless of IT supplier, into a single patient record. It provides a longitudinal clinical data repository with semantically normalized patient data, point of care tools, a physician portal, population tools and an analytics gateway. This reduces the cost of care delivery and enables better physician-to-physician care coordination.
The Jardogs FollowMyHealth™ patient engagement platform enables patients to actively participate in their care, critical for at-risk populations, and empowers consumers with the solution they need to monitor and optimize health status. It also provides seamless workflow integration between patients, physicians and other caregivers, including secure health messaging, prescription re-ordering, bill paying and scheduling of appointments.
"Healthcare physicians and other caregivers need improved care coordination, and these platform technologies put us in a leadership position to deliver on our vision for population health management through our
"By solidifying our open connectivity strategy and strengthening our patient engagement offerings, we will accelerate information sharing and population health management, enabling better care," Black continued. "dbMotion serves as the digital key to unlock the open exchange of critical patient information across disparate systems."
dbMotion
Allscripts' acquisition is a natural evolution of a strategic partnership that began in 2009 and was strengthened in 2011 when Allscripts made an equity investment in the company. Since then, Allscripts has become the largest integrator of dbMotion technology, a key component of the
"We share Allscripts' vision to create an open, EHR-neutral, connected community of health," said
Allscripts acquired dbMotion for approximately
Jardogs
Jardogs offers cloud-based patient and consumer engagement technology that enables communication and collaboration between physicians, caregivers, and medical consumers.
"Improved alignment between FollowMyHealth™ and the Allscripts platforms will benefit clients and patients," said
Additional benefits resulting from these transactions include control of core strategic platform technologies, improved and consistent client experience as well as the benefit of direct sale economics, including incremental license software margin as well as professional services, hosting and subscription fees.
The Allscripts Board of Directors approved both transactions, unanimously. On an earnings per share basis, Allscripts expects the transactions to be slightly dilutive in 2013 and accretive in 2014.
About Allscripts
Allscripts (NASDAQ: MDRX) delivers the insights that global healthcare Physicians and other caregivers need to generate world-class outcomes. The company's Electronic Health Record, practice management and other clinical, revenue cycle, connectivity and information solutions create a
About dbMotion
dbMotion™ provides an innovative connected healthcare solution that integrates patient information from disparate health information technologies and delivers it to clinicians at the point of care. Harmonizing health information across the enterprise and throughout the community, the dbMotion interoperability solution semantically organizes volumes of data, allowing Physicians and other caregivers to easily access and manage information within familiar workflows. The dbMotion solution bridges clinical settings to facilitate seamless transitions of care and nurture referral relationships. Built on an SOA platform, dbMotion combines health data to present a 360-degree view of the patient's health status to facilitate better care and disease management, and to prepare organizations for healthcare reform. This robust solution has been implemented in the world's most demanding healthcare IT environments since 2001.
About Jardogs
Jardogs is a leading provider of patient engagement and health management solutions. With its award-winning technology, Jardogs is increasing the availability of information in everyday lives, while creating new paths of interaction among patients, Physicians and other caregivers and communities. Jardogs solutions are helping healthcare organizations across the nation increase efficiency and improve business outcomes.
© 2013
Allscripts, the Allscripts logo, and other Allscripts marks are either registered trademarks or trademarks of
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Statements regarding future events or developments, our future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements with the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on our results of operations or financial condition. Such risks, uncertainties and other factors include, among other things: the possibility that the expected synergies, efficiencies and cost savings of the merger with
(Logo: http://photos.prnewswire.com/prnh/20100901/CG58147LOGO)
SOURCE
Investors, Seth Frank, +1-312-506-1213, seth.frank@allscripts.com, or Media, Claire Weingarden, +1-773-484-5858, claire.weingarden@allscripts.com, or Ariana Nikitas, +1-773-490-5657, ariana.nikitas@allscripts.com