Allscripts announced last week it will acquire McKesson Corporation’s hospital and health system IT business, Enterprise Information Solutions, for $185 million in cash.
The Enterprise Information Solutions portfolio includes Paragon (EHR solution); STAR and HealthQuest (Revenue Cycle solutions); Lab Analytics and Blood Bank; and One Content (Content Management solutions).
Allscripts said it would continue to invest and offer Paragon as an integrated EHR and revenue cycle management solution for small hospitals, while Allscripts Sunrise™ will continue as the primary platform for larger institutions.
“Adding these assets to Allscripts existing portfolio enables us to better serve our clients, increase our scale and further drive our investment in innovation,” said Allscripts Chief Executive Officer Paul M. Black. “This transaction is expected to directly benefit our existing clients and our shareholders, as well as the Enterprise Information Solutions clients and team members we’ll welcome to our family.”
