Allscripts Healthcare Solutions Inc. MDRX recently announced a partnership with AssistRx under the terms of which both companies will look to develop solutions for the betterment of population health.
Allscripts and AssistRx will set up a new specialty medication services platform to enhance the effectiveness and pace of prescribing specialty medications in the domestic market. The platform will facilitate smooth prescriptions, distribution and supervision of specialty medications. The functionality will be incorporated into Allscripts’ electronic health records.
We believe that the strategic partnership will help improve the overall quality of population health, while reducing the costs associated with it. From All scripts’ perspective, this deal will help the company’s EHR gain better market penetration, which will eventually drive the top line.
Additionally, we are upbeat about Allscripts’ recent collaborations, which are expected to bode well for the company over the long haul.
Recently, Catholic Health Initiatives extended its partnership with Allscripts, under which the former will broaden the use of Follow My Health patient engagement platform from the ambulatory to acute care settings. Notably, CHI deployed Follow My Health for the first time in 2015 across various ambulatory settings.
Garmin also joined forces with Allscripts, under which the former’s vívofit suite of wearable devices will be incorporated into the latter’s Follow My Health and Care In Motion platforms.
Date: March 10, 2016