The company is in the midst of speculation about going up for sale. CEO Glen Tullman said, “We are confirming today that in light of the ongoing interest expressed in the company by third parties, the company is evaluating strategic alternatives.” He would not elaborate on what the alternatives might be.
The revenue losses may be attributed to Allscripts embarking on an ambitious release of new products while still trying to integrate outdated ones.
However, Mr. Tullman was optimistic during his conference, noting the open platform and mobility offerings from Allscripts.
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