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Allscripts Healthcare Solutions, Inc. Form S-8

As filed with the Securities and Exchange Commission on April 9, 2003

Registration No. 333-______

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

______________________

FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

Delaware 36-4392754
(State or other jurisdiction of
incorporation or organization)		 (I.R.S. Employer
Identification Number)

2401 Commerce Drive
Libertyville, Illinois 60048
(847) 680-3515
(Address, including zip code, telephone number, including area code, of registrant's principal executive offices)

ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
AMENDED AND RESTATED 1993 STOCK INCENTIVE PLAN

ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
2001 NONSTATUTORY STOCK OPTION PLAN
(Full title of the plan)

Glen E. Tullman
Chairman and Chief Executive Officer
2401 Commerce Drive
Libertyville, Illinois 60048
Telephone: (847) 680-3515
(Name, address, including zip code, and telephone number, including area code, of agent for service)

Copy to:

Joseph H. Greenberg, Esq.
Gardner Carton & Douglas LLC
191 North Wacker Drive, Suite 3700
Chicago, Illinois 60606

CALCULATION OF REGISTRATION FEE

Title of Securities
to be Registered		 Amount to be Registered (1) Proposed Maximum Offering Price
Per Share		 Proposed Maximum Aggregate
Offering Price		 Amount of
Registration Fee
Common Stock (par value $0.01 per share)        
         
1993 Stock Incentive Plan        
  - Reserved and not subject to outstanding options 1,000,000 $2.505 (2) $2,505,000 $ 203
         
2001 Nonstatutory Stock Option Plan        
  - Reserved and not subject to outstanding options     540,398 $2.505 (2) $1,353,697 $ 110
  - Issuable pursuant to outstanding options     459,602   $2.49 (3) $1,144,409   $ 93
         
        $ 406

(1) Together with an indeterminable number of additional shares in order to adjust the number of shares reserved for issuance pursuant to the Plan as the result of a stock split, stock dividend or similar transaction affecting the common stock, pursuant to 17 C.F.R. § 230.416.

(2) Estimated in accordance with Rule 457(c) and (h)(1), the proposed maximum offering price per share, proposed maximum aggregate offering price and the amount of the registration fee are based upon the average of the high and low prices reported on the Nasdaq National Market on April 3, 2003.

(3) Estimated in accordance with Rule 457(h) solely for the purpose of calculating the registration fee on the basis of the weighted average exercise price per share.

ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.

REGISTRATION STATEMENT ON FORM S-8

INCORPORATION BY REFERENCE OF EARLIER REGISTRATION STATEMENTS ON FORM S-8

   Allscripts Healthcare Solutions, Inc. ("Registrant" or the "Company") has earlier filed a registration statement on Form S-8 (File No. 333-59212) relating to, among other things, the Allscripts Healthcare Solutions, Inc. Amended and Restated 1993 Stock Incentive Plan and the Allscripts Healthcare Solutions, Inc. 2001 Nonstatutory Stock Option Plan (the "Earlier Registration Statement"). This Registration Statement registers additional shares for offering pursuant to such plans. Subject to Item 3 of Part II of this Registration Statement and except as modified or superseded herein, the contents of the Earlier Registration Statement are incorporated herein by reference.

PART II

Item 3. Incorporation of Documents by Reference.

   There are hereby incorporated by reference into this Registration Statement the following documents and information heretofore filed with the Securities and Exchange Commission (the "Commission") by the Registrant:

1. The Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2002; and

2. The description of Registrant's Common Stock contained in the Registrant's Registration Statement on Form S-4 (Registration No. 333-49568) filed with the Commission on November 8, 2000, including any amendment filed for the purpose of updating such description.

   In addition, each document filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act after the date hereof, and prior to the filing of a post-effective amendment that indicates that all securities offered hereunder have been sold or that deregisters all securities then remaining unsold under this Registration Statement, shall be deemed to be incorporated by reference herein and to be part hereof from the date of filing of such documents.

Item 4. Description of Securities.

   Not applicable.

Item 5. Interests of Named Experts and Counsel.

   Not applicable.

Item 6. Indemnification of Directors and Officers.

   The Registrant's Certificate of Incorporation and By-laws provide that the Registrant shall, subject to certain limitations, indemnify its directors and officers against expenses (including attorneys' fees, judgments, fines and certain settlements) actually and reasonably incurred by them in connection with any suit or proceeding to which they are a party so long as they acted in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to a criminal action or proceeding, so long as they had no reasonable cause to believe their conduct to have been unlawful.

   Section 102 of the Delaware General Corporation Law ("DGCL") permits a Delaware corporation to include in its certificate of incorporation a provision eliminating or limiting a director's liability to a corporation or its stockholders for monetary damages for breaches of fiduciary duty. The enabling statute provides, however, that liability for breaches of the duty of loyalty, acts or omissions not in good faith or involving intentional misconduct, or knowing violation of the law, and the unlawful purchase or redemption of stock or payment of unlawful dividends or the receipt of improper personal benefits cannot be eliminated or limited in this manner. The Registrant's Certificate of Incorporation includes a provision that eliminates, to the fullest extent permitted, director liability for monetary damages for breaches of fiduciary duty.

   The Registrant has purchased directors and officers liability insurance, which provides coverage against liabilities. In addition, some of the Registrant's directors are indemnified against liabilities that they may incur in their capacities as directors by third parties with which they are affiliated.

Item 7. Exemption from Registration Claimed.

   Not applicable.

Item 8. Index to Exhibits.

   See Index to Exhibits.

Item 9. Undertakings.

(a) The undersigned Registrant hereby undertakes:

(1) To file during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

(i) to include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

(ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement;

(iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

   Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The Registrant hereby undertakes that, for purposes of determining liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the provisions described in Item 6 of this Registration Statement, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any section, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

SIGNATURES

   Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Libertyville, State of Illinois, on this 9th day of April 2003.

  ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
  By: /s/Glen E. Tullman   
        Glen E. Tullman
        Chairman and Chief Executive Officer

POWER OF ATTORNEY

   KNOW ALL PERSONS BY THESE PRESENT, that each of the undersigned hereby constitutes and appoints, jointly and severally, Glen E. Tullman and Lee Shapiro, or either of them (with full power to each of them to act alone), as his true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him and on his behalf to sign, execute and file this Registration Statement and all amendments (including, without limitation, post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and any documents required to be filed with respect therewith, with the Securities and Exchange Commission or any regulatory authority, granting unto such attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith and about the premises in order to effectuate the same as fully to all intents and purposes as he mig ht or could do if personally present, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of them, or his or their substitute or substitutes, may lawfully do or cause to be done.

   Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities indicated on this 9th day of April 2003.

Signatures Title
/s/ Glen E. Tullman    Chairman and Chief Executive Officer
Glen E. Tullman (Principal Executive Officer)
   
/s/ William J. Davis    Chief Financial Officer
William J. Davis (Principal Financial and Accounting Officer)
   
/s/ Bernard Goldstein Director
Bernard Goldstein  
   
/s/ Philip D. Green     Director
Philip D. Green  
   
/s/ M. Fazle Husain    Director
M. Fazle Husain  
   
/s/ Michael J. Kluger  Director
Michael J. Kluger  
   
/s/ Edward M. Philip  Director
Edward M. Philip  
   
/s/ Richard E. Tarrant Director
Richard E. Tarrant  

Index to Exhibits

Exhibit Number Description of Document
  5.1 Opinion of Gardner Carton & Douglas LLC regarding legality of securities
23.1 Consent of KPMG LLP
23.2 Consent of Gardner Carton & Douglas LLC (included in Exhibit 5.1)
24.1 Powers of Attorney (included on signature page)
Allscripts Healthcare Solutions, Inc. Exhibit 5.1

EXHIBIT 5.1

GARDNER, CARTON & DOUGLAS
191 North Wacker Drive
Suite 3700
Chicago, Illinois 60606
(312) 569-1000

April 9, 2003

Allscripts Healthcare Solutions, Inc.
2401 Commerce Drive
Libertyville, IL 60048

   Re: Registration Statement on Form S-8

Ladies and Gentlemen:

   We have acted as counsel to Allscripts Healthcare Solutions, Inc., a Delaware corporation (the "Corporation"), in connection with the filing of a Registration Statement on Form S-8 by the Corporation under the Securities Act of 1933, as amended (the "Registration Statement"), which Registration Statement registers: (i) 1,000,000 shares of Common Stock of the Corporation, par value $.01 per share (the "Common Stock"), reserved for issuance upon the exercise of options issuable to eligible employees of the Corporation pursuant to the Allscripts Healthcare Solutions, Inc. Amended and Restated 1993 Stock Incentive Plan (the "1993 Plan"); (ii) 540,398 shares of Common Stock reserved for issuance upon the exercise of options issuable to eligible employees of the Corporation pursuant to the Allscripts Healthcare Solutions, Inc. 2001 Nonstatutory Stock Option Plan (the "2001 Plan" and, together with the 1993 Plan, the "Plans"); and (iii) 459,602 shares of Common Stock reserved for issuance upon the exercise of currently outstanding options granted to employees of the Corporation pursuant to the 2001 Plan. In that capacity, we have reviewed the Certificate of Incorporation and Bylaws of the Corporation, both as amended to date, the Registration Statement, the Plans and originals or copies of corporate records reflecting the corporate action taken by the Corporation in connection with the approval and, if applicable, the amendment of the Plans and the issuance of the Common Stock under the Plans. We have also reviewed such other instruments as we have deemed necessary for the issuance of this opinion.

   Based upon the foregoing, we are of the opinion that the Common Stock to be offered under the Plans has been duly authorized by all requisite action on the part of the Corporation and, when issued in accordance with the terms and conditions of the Plans, will be legally issued, fully paid and non-assessable.

   We consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section 7 of the Securities Act of 1933, as amended.

                                                                                                                                                Very truly yours,

                                                                                                                                                /s/ GARDNER CARTON & DOUGLAS LLC

Allscripts Healthcare Solutions, Inc. Exhibit 23.1

EXHIBIT 23.1

CONSENT OF KPMG LLP

The Board of Directors
Allscripts Healthcare Solutions, Inc.:

We consent to the incorporation by reference in this registration statement on Form S-8 of Allscripts Healthcare Solutions, Inc. of our report dated March 28, 2003, with respect to the consolidated balance sheets of Allscripts Healthcare Solutions, Inc. and subsidiary as of December 31, 2002 and 2001, and the related consolidated statements of operations, stockholders' equity and comprehensive income (loss), and cash flows for each of the years in the three-year period ended December 31, 2002, which report appears in the December 31, 2002 annual report on Form 10-K of Allscripts Healthcare Solutions, Inc.

Our report on the consolidated financial statements indicates the Company adopted the provisions of Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Assets," on January 1, 2002.

/s/ KPMG LLP

Chicago, Illinois
April 8, 2003