Allscripts Posts $128M Operating Loss in 2013

Allscripts has posted a $27.5 million operating loss for the fourth quarter of 2013 and a $127.6 million operating loss for the year.

Operating performance is down significantly from last year — in 2012, the company reported operating gains of $13.3 million. Officials attributed the operating losses to "certain nonrecurring expenses and transaction-related costs." Total revenue this year was $1.38 billion, down from $1.45 billion in 2012.

Despite the significant losses, the company recorded bookings of $902 million in 2013, up from $731 million in 2012. A significant portion of Allscripts' fourth-quarter bookings, 42 percent, came from the sale of its population health management solutions.

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