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Allscripts to Buy Back $350M in Stock; Shares Jump 5%

Allscripts (MDRX) announced a new share repurchase program through which the company may buy up to $350 million shares. Following the share buyback announcement, Allscripts rose almost 5% on May 26 to close at $17.48. The company provides healthcare information technology solutions that advance clinical, financial and operational results. Under the program, the company plans to buy back shares in the open market or through private negotiations, subject to market conditions. This repurchase program has no termination date. The new buyback program replaces the company’s previous $300 million share repurchase program. The company has repurchased the entire amount available under the earlier program. Allscripts CEO Rick Poulton said, “Our strong balance sheet and financial performance enable us to expand our share repurchase program, which remains an attractive component of our capital deployment strategy.” (See Allscripts stock analysis on TipRanks) On May 19, Deutsch ....

Share Repurchase , Buyback Program ,

eHealth Market to Witness Huge Growth by 2026 | Allscripts, IBM, Epic Systems


eHealth Market to Witness Huge Growth by 2026 | Allscripts, IBM, Epic Systems
iCrowd Newswire
08 May 2021, 17:30 GMT+10
A new business intelligence report released by HTF MI with title Global eHealth Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery is designed covering micro level of analysis by manufacturers and key business segments. The Global eHealth Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are GE Healthcare, Philips, Mckesson, Cisco Systems, Athenahealth, Allscripts, IBM, Epic Systems, Medtronic, Optum (A Subsidiary of Unitedhealth Group, Inc.), Cerner & Siemens Healthineers. ....

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Prosecutors: Man admits obstruction in opioid kickback probe


Prosecutors: Man admits obstruction in opioid kickback probe
March 8, 2021
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BURLINGTON, Vt. (AP) A Pennsylvania man pleaded guilty in federal court in Vermont on Monday to attempting to obstruct a federal investigation into the relationship between his former employer and OxyContin-maker Purdue Pharma, federal prosecutors said.
As director of national accounts for Practice Fusion, a San Francisco-based health information technology company, in 2015 and 2016, Steven Mack, of Bridgeville, Pennsylvania, was the point of contact between the company and Purdue Pharma regarding investigations, the U.S. attorney s office for Vermont said.
“Steve Mack criminally interfered with our investigations into the significant criminal conduct of both Purdue Pharma and Practice Fusion,” said Acting U.S. Attorney Jonathan Ophardt in a statement. “This Office will hold individuals responsible for their roles in corporate malfeasance, and we will not tol ....

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President of Israel Reuven Rivlin Visits Allscripts Office in Beer Sheva


President of Israel Reuven Rivlin Visits Allscripts Office in Beer Sheva
Friday, February 19, 2021 10:05AM IST (4:35AM GMT)
The Company hosted President Reuven Rivlin and Mayor of Beer Sheva, Mr. Ruvik Danilovich, to discuss the Allscripts dbMotion™ Solution’s role in connecting all clinical venues across Israel
 
CHICAGO, United States:
 
Allscripts Healthcare Solutions, Inc. (Nasdaq:MDRX) recently hosted Mr. Reuven Rivlin, President of Israel, and the Mayor of Beer Sheva, Mr. Ruvik Danilovich, at its office in Beer Sheva, Israel. The two, along with Allscripts leadership, discussed how Allscripts interoperability solution, dbMotion, connects all clinical venues in Israel, as well as the impact the solution has had during the pandemic. With 30 health organizations across the country connected to a nationwide network, epidemiologic research capabilities immensely improved, enabling the Minis ....

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Allscripts Healthcare Solutions, Inc.: President of Israel Reuven Rivlin Visits Allscripts Office in Beer Sheva


Allscripts Healthcare Solutions, Inc.: President of Israel Reuven Rivlin Visits Allscripts Office in Beer Sheva
The Company hosted President Reuven Rivlin and Mayor of Beer Sheva, Mr. Ruvik Danilovich, to discuss the Allscripts dbMotion Solution s role in connecting all clinical venues across Israel
Allscripts Healthcare Solutions, Inc. (Nasdaq:MDRX) recently hosted Mr. Reuven Rivlin, President of Israel, and the Mayor of Beer Sheva, Mr. Ruvik Danilovich, at its office in Beer Sheva, Israel. The two, along with Allscripts leadership, discussed how Allscripts interoperability solution, dbMotion, connects all clinical venues in Israel, as well as the impact the solution has had during the pandemic. With 30 health organizations across the country connected to a nationwide network, epidemiologic research capabilities immensely improved, enabling the Ministry of Health and the hospitals to better cope with the crisis. The President visited after he spent time at the Soroka ....

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