ALSO NOTED: Latest NPI deadline poses big problems, report says; Allscripts/Misys deal could offer $850 opp to Allscripts; and

Mon, 19 May 2008 06:59:50 -0400

> If providers needed to hear it again, here's more support for their position. Another report has concluded that new deadline for for using the National Provider Identifier will create big problems for many of them. Article

> One analyst is predicting that the merger of Allscripts and Misys could create a $850 million market opportunity for Allscripts. Article

> The AMA is asking Congress to make HHS set national standards for e-prescribing by the end of 2009. Article

> Cincinnati researchers are studying whether text messages might help teenagers adhere to their medication regimens. Studies suggest that on average, only 50 percent of adolescents follow treatment regimens properly. Article

And Finally... Can Second Life avatars think--even if no humans are involved? Researchers hope this one will be able to soon. Article

Allscripts/Misys merger speeds HIT consolidation

Mon, 24 Mar 2008 07:59:58 -0400

In a deal that strongly suggests that the exploding HIT market has some limits, Allscripts and Misys Healthcare have announced a merger. The deal follows years of turmoil for Misys, which allegedly had been on the market for years and had seen considerable management turnover. The new entity will affect an estimated 150,000 plus physicians and 700 hospitals. The deal should offer each side complimentary technical expertise and products, with Allscripts bringing clinical software, connectivity and information solutions for physicians, while Misys focuses on software for physician offices.

Under the terms of the transaction, British-based Misys PLC gets a 54.5 percent stake in the combined company, which will fold Raleigh, NC-based Misys Healthcare into a wholly-owned subsidiary of Allscripts. Misys PLC will contribute $330 million in cash to Allscripts in pay for the shares. Allscripts, for its part, will pay out a special cash dividend of $330 million, or about $4.90 per share, to Allscripts stockholders who possessed stock as of the last business day immediately before the deal closed.

To learn more about the deal:
- read this Healthcare IT News piece

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