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Wells Fargo Initiates Coverage on Allscripts-Misys

October 5th, 2009

According to Wells analyst AllScripts (MDRX) has a growth potential of 30% yr/yr over the next 5 years. That would translate to a stock valuation of $25-26 per share.

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Vendors

A Conversation with Allscripts CEO Glenn Tullman

September 29th, 2009
On September 29, 2009 CNBC Fast Money had a conversation with Allscripts CEO Glenn Tullman
http://www.cnbc.com/id/33076994/site/14081545
According to Mr. Tullman, AllScripts has about 20% of the EHR market, a $4 Billion sector that gets $38 Billion injected as part of Federal government stimulus package, and 70% of that by over the next 3 years!!!

On September 29, 2009 CNBC Fast Money had a conversation with Allscripts CEO Glenn Tullman

http://www.cnbc.com/id/33076994/site/14081545

According to Mr. Tullman, AllScripts has about 20% of the EHR market, a $4 Billion sector that gets $38 Billion injected as part of Federal government stimulus package, and 70% of that by over the next 3 years!!!

Vendors

More standardization on E-Prescription

August 31st, 2009

NCPDP just updated SCRIPT 10.6 Standard, the latest XML based technical standard recommended by federal regulators as part of EHR incentive program.

 
More info on SCRIPT 10.6 can be found here:
 
 
 
Surescripts already announced plans to adopt the new standard.
 
They operates the country’s largest electronic prescribing network. According to Surescripts the network is used by over 140,000 physicians, pharmacists and payers to electronically process prescriptions and share prescription information. Participants on the Surescripts network include all of the nation’s major chain pharmacies (e.g. CVS/pharmacy, Rite Aid, Walgreens, Wal-Mart), many of the nation’s leading payers and PBMs (e.g. Aetna, CVS Caremark, Express Scripts, Medco, Wellpoint) and over 10,000 independent pharmacies nationwide.
 
 

General, Technology, Vendors ,

Transition to EHR

May 15th, 2009

 One of the challenges in transition to EHR is about handling existing data. It is relatively easy to manage new patient using EMR/EHR systems. However the main questions remains on how to efficiently and cost effectively migrate the existing paper charts into the new system. 

 
The most realistic approach, specially for smaller offices, is to scan existing charts and import into the new system, rather than error-prone process of re-entering of data. This can be done in house and on-demand or in bulk mode through scanning service companies. Some of these companies even offer optional storage service for paper charts
to free-up shelves space within the Practice.
 
I recently came across one of those companies, called OptiScan.
 
Let me know if you are familiar with any other service provide in that area.

General, Vendors

Public EHR Market Players

March 1st, 2009
These are the pure play public EHR companies:

  • Computer Program and System (CPSI) – Small to medium market
  • Eclipsys (ECLP) – Small to large market
  • Cerner Corp. (CERN) – Large market
  • Allscripts Healthcare Solutions (MDRX) – Large market
  • Quality Systems (QSII) – Small to medium market

Vendors

TEPR Award Winners Announced

February 4th, 2009

 Winners of the TEPR (Towards the Electronic Patient Record) Awards were announced this week at the annual Conference in Palm Springs, Calif.

 
In the personal health record system category, My HealthVet from the U.S. Department of Veterans Affairs took first honors. Second honors went to Metavente’s Health Manager and third honors to Doctations Inc.
 
In the hot products category first honors went to PrivacyLayer, RecruitSource and TrialsFinder from Private Access Inc. Second honors was a three-way tie: TapChart from ImageTrend Inc.; iChart EMR from Caretools Inc. and Doctations. The hot products are honored for bringing positive benefits or change to health care.
 

General, Market, Vendors