Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 7, 2009

 

 

ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-32085   36-4392754

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

222 Merchandise Mart, Suite 2024

Chicago, IL 60654

Registrant’s telephone number, including area code 1-866-358-6869

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 7.01. Regulation FD Disclosure.

Attached as Exhibit 99.1 hereto is an Investor Presentation dated April 2009, which is incorporated herein by reference.

This information is being furnished pursuant to Item 9 of this Report and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and will not be incorporated by reference into any registration statement filed by Allscripts Healthcare Solutions, Inc. under the Securities Act of 1933, as amended, unless specifically identified as being incorporated therein by reference. This Report will not be deemed an admission as to the materiality of any information in this Report that is being disclosed pursuant to Regulation FD.

Please refer to page 2 of Exhibit 99.1 for a discussion of certain forward-looking statements included therein and the risks and uncertainties related thereto.

 

ITEM 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

 

(d) Exhibits:

 

99.1 Investor Presentation dated April 2009

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS, INC.
Date: April 7, 2009     By:  

/s/    William J. Davis

       

William J. Davis

Chief Financial Officer

 

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EXHIBIT INDEX

The following exhibits are filed herewith:

 

Exhibit No.

   
99.1   Investor Presentation dated April 2009.
Investor Presentation dated April 2009
Copyright ©
2008 AllscriptsMisys
Healthcare, Inc.
APRIL 2009
Investor Briefing
EXHIBIT 99.1


Forward Looking Statements

This communication contains forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company’s future performance, as well as management’s expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within 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, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company’s software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; the ability to recognize the benefits of the merger with Misys Healthcare Systems, LLC (“MHS”); the integration of MHS with the Company and the possible disruption of current plans and operations as a result thereof; the implementation and speed of acceptance of the electronic record provisions of the American Recovery and Reinvestment Act of 2009; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2007 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.


Copyright
©
2008
AllscriptsMisys
Healthcare,
Inc.
2
Investor Briefing
Glen Tullman
Chief Executive Officer


3


TRUE NORTH
The Stimulus
4


5
What is in the $19 Billion?
$17 billion
+ $2 billion
= $19 billion
Physician Incentives
Incentive Bonuses from Medicare/Medicaid
HHS Discretionary Funds
Potential Areas Include: Standards Development,
Grants (AHRQ, HRSA, CMS), HIE Infrastructure,
Loans to the States for EHR, Regional HIT
Resource Centers, Telemedicine, Efficacy Studies
HHS = Health and Human Services
AHRQ = Agency for Healthcare Research and Quality
HRSA = Health Resources and Services Administration
CMS = Centers for Medicare and Medicaid Services


6
One View of a Changed World
TRUE NORTH 
Impact on EHR Adoption
Practice Size
Total # of Practices
EHR Penetration
(FY09)
1-3 Physicians
163,118
9%
4-9 Physician
27,282
18%
10-25 Physicians
7,906
25%
26+ Physicians
2,023
43%
Total
200,329


7
Understanding The Federal Incentives
EHR
Stimulus
Funding
$44,000
over 5 yrs.
+
PQRI
Incentive
$3,000 -
$5,000/yr.
estimate
If you start now…
+
ePrescribe
Incentive
$3,000-5,000/yr.
estimate
PQRI = Physician Quality Reporting Initiative


8
Why Allscripts
Significant Footprint:
150,000 MDs, 700 Hospitals,
6,000 Post Acute Facilities, 600 Homecare Agencies
All Sizes and Settings:
Ambulatory and Acute,
Primary Care and Specialty, Small to Large
Diversified Portfolio:
Clinical and Business Solutions
All World-Class:
Top Rated Consistently
Significant Breakthroughs:
Innovation Comes Standard
Real Utilization:
Not Just Implementation
Strong ROI:
The Solution That Pays You Back
Delivering the Next Step:
Connect to Health


Includes:
•ePrescribe
•Connect
•Payerpath
•Document Management
Includes Connected Physician, plus:
Enterprise and/or Professional EHR/ PM with connections
to commercial labs and imaging centers
Includes Connected EHR, plus:
Connections to other physicians, hospital ED Systems, CM systems, HIS systems, Clinical trial
systems, CMS reporting, State reporting programs and RHIO’s
For physicians not yet
ready for an EHR
For physicians ready
to become “Operable”
For Physicians Ready to “Connect to Health”
A Comprehensive Portfolio
9


10


Innovation Overview
11


Copyright ©
2008 AllscriptsMisys
Healthcare, Inc.
12
Innovation at Allscripts
Dan Michelson
Chief Marketing Officer


13
The Time is NOW.
Funding is Front Loaded
$30,000 (close to 70% of the funding) comes in the first two years
You Need to Demonstrate Meaningful Utilization
Purchase
and
Implementation
are
not
enough
-
you
must
use
it
Funding is Time Stamped
Incentives start in 2011, decrease over time and penalties begin
in 2015


14
Allscripts
vision
The way Allscripts
is bringing heath to healthcare.
Allscripts; 2008 < LL innovation
in-no-va-tion
tech-nol-o-gy


15
A Simple Approach
Get it
Certified
Get it
Connected
Get it
Cool
Get it
Sold
Get it
Used


16
16
1.
Listen to your clients
2.
Solve a problem that no one else is solving
3.
Do it in a way that no one else is doing it
4.
Make it stunningly simple
5.
Look for the answers that are all around us
Innovation Technology:
Guiding Principles


A Simple Idea:
Checking in at my doctors office should
be as easy as checking in for a flight.
17


18


19
The Problem:
Increasing administrative costs and
patient wait times, time-consuming
patient information updates, and
decreasing revenues due to lost co-pay
collections
Allscripts Patient Kiosk
The Solution
An easy to use, touch screen based
system that enables practices to improve
patient and staff satisfaction, streamline
administrative processes, accelerate
cash flow, and increase revenue


A Simple Idea:
Where is my EHR at 3 AM?
20


21
The Problem:
When physicians are away from
their office, the lack of easy
access to their EHR results in
disruption to personal life,
inefficient use of time,
undocumented care, increased
liability and medical errors.
Allscripts Remote
The Solution:
In seconds, physicians can access the
EHR through via the iPhone


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23
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