The digital health space refers to the integration of technology and health care services to improve the overall quality of health care delivery. It encompasses a wide range of innovative and emerging technologies such as wearables, telehealth, artificial intelligence, mobile health, and electronic health records (EHRs). The digital health space offers numerous benefits such as improved patient outcomes, increased access to health care, reduced costs, and improved communication and collaboration between patients and health care providers. For example, patients can now monitor their vital signs such as blood pressure and glucose levels from home using wearable devices and share the data with their doctors in real-time. Telehealth technology allows patients to consult with their health care providers remotely without having to travel to the hospital, making health care more accessible, particularly in remote or rural areas. Artificial intelligence can be used to analyze vast amounts of patient data to identify patterns, predict outcomes, and provide personalized treatment recommendations. Overall, the digital health space is rapidly evolving, and the integration of technology in health

Wednesday, January 4, 2023

Allscripts changes name to Veradigm |

Allscripts worked on transitioning its products to the Veradigm brand in 2022 as it streamlined its corporate portfolio following a difficult few years. All remaining Allscripts assets, including EHRs, practice management systems, and patient communication platforms are now integrated into Veradigm’s network, which includes more than 300,000 providers in the U.S.

The pathway to Veradigm resulted from a number of preceding events. 

Allscripts is one of the original providers of electronic health records. It serves small to medium-sized healthcare businesses.  Several occurrences including the growth of EPIC and CERNER have affected its market share.  EPIC  (3421 users) and CERNER  (13,755 companies) have a majority share in the large to enterprise-sized healthcare market.  Large provider organizations such as UCLA, Mayo Clinic, Scripps, and many others.   






Prior to the Allscripts-Veradigm transition, Allscripts completed the sale of its hospital and large physician practices business to Canada-based Harris Computer Corporation, a subsidiary of holding company Constellation Software, for $670 million.  Veradigm is now the core of Allscripts’ business, following the divestiture of the vendor’s underperforming hospital and large practice EHR segments. 

The decision for these mergers seems to be a combination of financial imperatives and expanding software offerings in an effort to match the products of EPIC and CERNER. Veradigm offers multiple solutions including biopharma, health plans and payers, health care providers, networks, and patient portals.

During the past two decades competition has been fierce among vendors. Many have vanished. Most survived by being adaptable to government regulations, infusions of capital with infusions of capital into the software market by the Federal government, and CMS regulations.

It has been a heroic journey not only for Allscripts but for the surviving healthcare software.

The EHR market is not static and we can expect many more developments in the next decade.

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