Four things to know about the company’s financial performance:
1. Compared to the $263 million in bookings during the first quarter of 2018, this is the best booking performance Allscripts has recorded.
2. Allscripts posted $432 million in revenue for the first quarter, down 0.2 percent from $434 million during the same period last year.
3. Allscripts reported a net loss of $7.6 million, an 82 percent decrease from the company’s net loss of $39.8 million during the first quarter of 2018.
4. The company anticipates earning between $900 million and $1 billion in bookings for the full year.
More articles on EHRs:
VA, DOD progress on EHR systems integration is ‘terrible,’ lawmakers say
Mississippi health system now live on Epic: 3 things to know
Cerner’s chief people officer to retire in June
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.