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May 5, 2016 Headlines 3 Comments

A Deep Dive on the MACRA NPRM

BIDMC CIO John Halamka, MD publishes his analysis of the recently released MACRA proposed rule.

Cerner Reports First Quarter 2016 Results

Cerner reports Q1 results: revenue grew 14 percent to $1.14 billion vs. $996 million during the same quarter last year, adjusted EPS $0.53 vs. $0.45, missing revenue projections. Share prices fell four percent in after hours trading.

Allscripts announces first quarter 2016 results

Allscripts reports Q1 results: revenue grew three percent to $346 million but fell short of projections, adjusted EPS $0.13 vs. $0.08.

Ns1ghter Launches Free and Unlimited Doctor Visits

An Austin-based startup launches offering free, unlimited telehealth visits and free second opinion case reviews.

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Currently there are "3 comments" on this Article:

  1. It’s important to point out on a GAAP basis they earned $.01 per share. More interesting than that is their current ratio dipped slightly below 1. Think about this like your house, if your debt repayment for the next 12 months exceed what you have in savings you have a current ratio less than 1.

    More interesting is that they didn’t take a writedown on NantHealth or if they did it was small despite market conditions not favoring an IPO. There business is also shifting from software to services. It’s hard to imagine how they got profitability up in that transition, but more importantly how sustainable that kind of move is going to be for them. Showing an increasing backlog of work is also interesting. Hopefully others know a lot of people buying Allscripts services.







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Reader Comments

  • Allscripts watcher: I agree with Goose Island. I have no dog in the hunt (and am uncomfortable with the Epic/Cerner duopoly - we need as mu...
  • Boy Wonder: More CareOtter (Allscripts side EHR) observations...CareOtter's webpage is suddenly down and the YouTube video reference...
  • Peg Leg Pete: The Allscripts Sunrise implementation at Baptist Pensacola is officially off the rails. The project is now two years out...
  • Redwood: Sounds like Care Otter’s secret sauce is running on top of Microsoft Azure. Not sure that warrants a special project t...
  • Andrew (Hedgeye): Hi Goose Island - Thank you for the comment. You are right about Jefferson Health and Epic. We believe Allscripts is a...

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