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Veradigm Inc's Business Segments
Veradigm Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
3
Largest Segment
Provider
Total Revenue
$ 594
Regions Reported
1
Annual Results
Revenue Share by Reportable Segment - FY2024
- Provider79.6%
- Payer11.3%
- Life Science9.1%
Revenue by Reportable Segment - FY2024
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Provider | $ 473 | 79.6% |
| Payer | $ 67 | 11.3% |
| Life Science | $ 54 | 9.1% |
Revenue Share by Country - FY2024
- US99.9%
Revenue by Geographic Country - FY2024
| Country | Revenue (Millions) | % of Total |
|---|---|---|
| US | $ 594 | 99.9% |
Description of Veradigm Inc
Allscripts Healthcare Solutions, Inc. (“Allscripts”) delivers information technology (“IT”) solutions and services to help healthcare organizations achieve optimal clinical, financial and operational results. Our solutions and services are sold to:
Physicians
Retail pharmacies
Hospitals
Pharmacy benefit managers
Governments
Insurance companies
Health systems
Employer wellness clinics
Health plans
Post-acute organizations
Life-sciences companies
Consumers
Retail clinics
Lab companies
Allscripts Healthcare Solutions Inc. is a key player in the healthcare technology sector, providing a comprehensive suite of products and services designed to enhance connectivity, efficiency, and patient engagement across a multitude of care settings. The companys solutions aim to integrate the various stakeholders within the healthcare continuum, thus streamlining the delivery of care and driving improved patient outcomes.
Product and Service Segments
1. Electronic Health Records (EHRs)
Allscripts offers a robust portfolio of EHR solutions tailored for diverse healthcare settings, including hospitals, health systems, and various medical practices. Their EHR offerings include:
Sunrise Acute EHR
This is a comprehensive solution tailored for larger, multidisciplinary hospital settings. It integrates functionalities necessary for effective inpatient and outpatient care on a single platform—Sunrise Ambulatory. Key features include:
- Decision Support Tools: Computerized provider order entry, clinical summaries, and workflows designed to enhance quality care.
- Specializations such as:
- Sunrise Surgical Care
- Sunrise Rehabilitation/Madonna
- Sunrise Anesthesia
- Sunrise Wound Care/TRUE-see
- Sunrise Emergency Care
- Sunrise Pharmacy
- Sunrise Oncology
- Sunrise Clinical Performance Management
- Sunrise Laboratory
- Sunrise Radiology
- Sunrise Patient Administration System (international)
Allscripts Paragon EHR
This integrated solution is specifically designed for community hospitals, providing interconnectivity across clinical, financial, and administrative domains. It supports workflows from patient access management through clinical treatment and documentation.
Allscripts TouchWorks EHR
Geared towards larger single and multispecialty practices, this EHR facilitates the assimilation of data through its open platform. It enables customization of workflows for enhanced delivery of both primary and specialized care.
Allscripts Professional EHR
Aimed at small- to mid-sized practices, it supports participation in ACOs, Patient-Centered Medical Homes, and other initiatives like Meaningful Use and MACRA. Modules available include:
- Allscripts Clinical Performance Reporting
- Allscripts Practice Management
- Allscripts eRecruit
- Allscripts iAssist
Financial Management Solutions
Allscripts provides financial solutions designed to optimize the revenue cycle of healthcare institutions. These tools aim to enhance patient flow, improve care quality, and adapt to new reimbursement models. Notable offerings include:
- Sunrise Financial Manager
- Allscripts Revenue Cycle Management Services
- Allscripts EPSi (a financial and analytic management tool)
- Allscripts Payerpath (claims processing)
- Allscripts STAR
Population Health Management
The Allscripts CareInMotion™ platform represents an integrated population health management system that connects care coordination, data gathering, analytics, and patient engagement. Key components include:
- Care Coordination Solutions: This encompasses tools like Allscripts Care Management and Referral Management services.
- Connectivity Solutions: Enabled through technologies like dbMotion and Allscripts Fusion, facilitating data-sharing among stakeholders.
- Patient Engagement Tools: Software such as FollowMyHealth, FollowMyHealth TeleHealth, and remote monitoring applications encourage patient engagement and participation in their health management.
Precision Medicine/Consumer Solutions
Through their precision medicine initiatives, Allscripts aims to transition healthcare from a generalized approach to a more personalized model. Solutions like 2bPrecise™ and the acquisition of NantHealths patient engagement software enhance clinical decision-making based on molecular and genetic insights.
Services
Beyond software solutions, Allscripts provides a range of professional and managed services, including:
- Architecture Advisory Services
- Hosting Solutions
- Application Management and Managed IT Services
- Consulting Services: Focused areas include MU3 readiness, Patient-Centered Medical Home consulting, and optimization of EHR solutions.
- Education Services: This includes experiential learning and virtual training initiatives to ensure effective use of their solutions.
Strategic Focus
Allscripts is driven by a vision of enabling smarter care across the healthcare continuum. This requires a well-balanced focus on:
- Community Connectivity: Facilitating collaborative care through improved accessibility and visibility of patient data.
- Interoperability: Providing tools that ensure seamless connectivity among different healthcare stakeholders, enhancing the efficacy of treatments.
- Data Analytics: Offering analytics that enable healthcare organizations to derive insights from patient data to improve care and operational efficiency.
- Consumer Engagement: Empowering patients with tools that foster active participation in their own care, ultimately improving outcomes and satisfaction.
By leveraging these comprehensive segments, Allscripts continues to position itself as a leader in revolutionizing healthcare delivery through technology, with a profound commitment to enhancing patient care and improving outcomes.
Product and Service Segments
1. Electronic Health Records (EHRs)
Allscripts offers a robust portfolio of EHR solutions tailored for diverse healthcare settings, including hospitals, health systems, and various medical practices. Their EHR offerings include:
Sunrise Acute EHR
This is a comprehensive solution tailored for larger, multidisciplinary hospital settings. It integrates functionalities necessary for effective inpatient and outpatient care on a single platform—Sunrise Ambulatory. Key features include:
- Decision Support Tools: Computerized provider order entry, clinical summaries, and workflows designed to enhance quality care.
- Specializations such as:
- Sunrise Surgical Care
- Sunrise Rehabilitation/Madonna
- Sunrise Anesthesia
- Sunrise Wound Care/TRUE-see
- Sunrise Emergency Care
- Sunrise Pharmacy
- Sunrise Oncology
- Sunrise Clinical Performance Management
- Sunrise Laboratory
- Sunrise Radiology
- Sunrise Patient Administration System (international)
Allscripts Paragon EHR
This integrated solution is specifically designed for community hospitals, providing interconnectivity across clinical, financial, and administrative domains. It supports workflows from patient access management through clinical treatment and documentation.
Allscripts TouchWorks EHR
Geared towards larger single and multispecialty practices, this EHR facilitates the assimilation of data through its open platform. It enables customization of workflows for enhanced delivery of both primary and specialized care.
Allscripts Professional EHR
Aimed at small- to mid-sized practices, it supports participation in ACOs, Patient-Centered Medical Homes, and other initiatives like Meaningful Use and MACRA. Modules available include:
- Allscripts Clinical Performance Reporting
- Allscripts Practice Management
- Allscripts eRecruit
- Allscripts iAssist
Financial Management Solutions
Allscripts provides financial solutions designed to optimize the revenue cycle of healthcare institutions. These tools aim to enhance patient flow, improve care quality, and adapt to new reimbursement models. Notable offerings include:
- Sunrise Financial Manager
- Allscripts Revenue Cycle Management Services
- Allscripts EPSi (a financial and analytic management tool)
- Allscripts Payerpath (claims processing)
- Allscripts STAR
Population Health Management
The Allscripts CareInMotion™ platform represents an integrated population health management system that connects care coordination, data gathering, analytics, and patient engagement. Key components include:
- Care Coordination Solutions: This encompasses tools like Allscripts Care Management and Referral Management services.
- Connectivity Solutions: Enabled through technologies like dbMotion and Allscripts Fusion, facilitating data-sharing among stakeholders.
- Patient Engagement Tools: Software such as FollowMyHealth, FollowMyHealth TeleHealth, and remote monitoring applications encourage patient engagement and participation in their health management.
Precision Medicine/Consumer Solutions
Through their precision medicine initiatives, Allscripts aims to transition healthcare from a generalized approach to a more personalized model. Solutions like 2bPrecise™ and the acquisition of NantHealths patient engagement software enhance clinical decision-making based on molecular and genetic insights.
Services
Beyond software solutions, Allscripts provides a range of professional and managed services, including:
- Architecture Advisory Services
- Hosting Solutions
- Application Management and Managed IT Services
- Consulting Services: Focused areas include MU3 readiness, Patient-Centered Medical Home consulting, and optimization of EHR solutions.
- Education Services: This includes experiential learning and virtual training initiatives to ensure effective use of their solutions.
Strategic Focus
Allscripts is driven by a vision of enabling smarter care across the healthcare continuum. This requires a well-balanced focus on:
- Community Connectivity: Facilitating collaborative care through improved accessibility and visibility of patient data.
- Interoperability: Providing tools that ensure seamless connectivity among different healthcare stakeholders, enhancing the efficacy of treatments.
- Data Analytics: Offering analytics that enable healthcare organizations to derive insights from patient data to improve care and operational efficiency.
- Consumer Engagement: Empowering patients with tools that foster active participation in their own care, ultimately improving outcomes and satisfaction.
By leveraging these comprehensive segments, Allscripts continues to position itself as a leader in revolutionizing healthcare delivery through technology, with a profound commitment to enhancing patient care and improving outcomes.