Allscripts-Misys Healthcare Solutions, Inc. (MDRX) entered a strategic alliance with Vermont Information Technology Leaders, Inc., the non-profit organization facilitating the expanded use of healthcare IT in Vermont. Per the agreement, the health care providers of Vermont will use Allscripts products and services through Vermont Information Technology Leaders at preferred pricing.
The strategic alliance is a win-win for both companies. It will enable both the organizations to leverage their expertise in Electronic Health Record (EHR) systems. Allscripts will benefit from its strong presence in Vermont and competitive product portfolio. The company offers physicians three different EHR systems, all of which have a world-class functionality.
The U.S. government is putting increasing emphasis on the use of EHR systems these days. This is evident from the recent Medicare Improvements for Patients and Providers Act of 2008 (H.R. 6331) passed by the government. The Act, for the first time ever, provides financial incentives to physicians who adopt electronic prescribing (ePrescribing), requires adoption by 2011, and delays any reduction in fees for treating Medicare patients.
It has been seen that the effective use of EHR systems reduces medical errors, enhances clinical quality and leads to better patient outcomes by accessing patient records at real-time.
Libertyville, IL-based Allscripts Healthcare Solutions, Inc. is a leading provider of clinical software and information solutions for physicians. In Oct. 2008, the company merged with Misys Plc, a global applications software and services company, to form Allscripts-Misys Healthcare Solutions, Inc.
Allscripts faces strong competition from Cerner Corporation (CERN), Quality Systems Inc. (QSII) and MedAssets Inc. (MDAS).
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