Veradigm (MDRX) 8-K Regulation FD Disclosure

1

Exhibit 99.1

May 2006

Safe Harbor

This

presentation

may

contain

forward-looking

statements

about

Allscripts

Healthcare

Solutions

that

involve

risks

and

uncertainties.

These

statements

are

developed

by

combining

currently

available

information

with

Allscripts’

beliefs

and

assumptions.

Forward-looking

statements

do

not

guarantee

future

performance.

Because

Allscripts

cannot

predict

all

of

the

risks

and

uncertainties

that

may

affect

it,

or

control

the

ones

it

does

predict,

Allscripts’

actual

results

may

be

materially

different

from

the

results

expressed

in

its

forward-looking

statements.

For

a

more

complete

discussion

of

the

risks,

uncertainties

and

assumptions

that

may

affect

Allscripts,

see

the

Company's

Annual

Report

on

Form

10-K

for

the

year

ended

December

31,

2005,

available

at

www.sec.gov.

2

Company Overview

Physicians rely on our products to improve the quality

and efficiency of healthcare they provide

Our integrated product lines provide clinical information

and automate physicians’

most basic workflows such as

documentation, prescription writing, charge capturing, and

scheduling and billing

We deliver broad and diverse solutions

–

Clinical Solutions Group

–

Physicians Interactive Group

–

Medication Solutions Group

Allscripts Provides Clinical Software, Connectivity

and Information Solutions To Physicians

3

Our Vision

Physicians Control

80%

of

$1.8

Trillion

To Become an Indispensable

Part of

the Way Physicians Practice Medicine

Annual Healthcare Spend

4

Our Vision

To Become an Indispensable

Part of

the Way Physicians Practice Medicine

We deliver solutions that

Healthcare.

5

Fundamental Problem In Healthcare

2004

2014

16%

22%

$1.8

$3.5

The

U.S.

is

1

st

in

the

world

in

healthcare

expenditures,

but no better than 16

th

in medical outcomes

($ in Trillions)

(% of GDP)

6

Fundamental Problem In Healthcare

7

What Is The Solution?

CONNECTING

8

Large and Growing Market Opportunity

Small to mid-sized practices represent largest number

of physicians

Practice management solutions provide complementary product

offering with significant incremental market opportunity

Ambulatory EHR Market is ~$5+ Billion Opportunity

~550,000 U.S. Physicians

~85% EHR Market Opportunity

x

~$12,500 Initial Investment per Physician

x

~$5+ Billion Opportunity

=

9

Allscripts Competitive Strengths

Significant installed base

Award-winning technologies that enable industry-leading

solutions

Rapid return on investment

Strong partnerships and strategic alliances

Experienced employee base

10

Delivering Value Through Diversified Solutions

11

e-Prescribing

e-Prescribing

Personal

Health

Record

Personal

Health

Record

Medication

Dispensing

Medication

Dispensing

e-Detailing

e-Detailing

Emergency

Department

Emergency

Department

Practice

Management

Practice

Management

Electronic

Health

Record

Electronic

Health

Record

Care

Management

Care

Management

Delivering Results

Generates Clinical Trial Revenue

Holston

Medical Group

$3M/Yr. in Clinical Trial Revenue

Delivers on Pay

for Performance

Facey

Medical

$1.2M P4P Payout

from Blue Cross

Produces                          

e-Prescribing Savings

Sierra Health

$5M in Savings via eRx

Reduces Resources in

Medical Records

George Washington Univ.

Medical Faculty Associates

Reduction of 20 FTEs in

Medical Records

Reduces/Eliminates

Transcription

Central Utah

Clinic

$1M in Savings in Year 1

($20K/MD)

Enhances

Documentation

University of Tennessee

Medical Group

Avg. Gross Charges Increases

by > $30/Patient Visit

12

Allscripts: The EHR of Choice

Academic

Medical Groups

Specialty

Groups

Multi-Specialty

Groups

Integrated

Delivery Networks

Over 3,000 Leading Clinics Nationwide

13

Strength of Our Partnerships

14

Renegotiated IDX Agreement

A win for OUR Customers, IDX/GE, and Allscripts

Preserves the best attributes of the original agreement

Allscripts

remains

preferred

choice

and

“safe

choice”

for

IDX

customers

with

over

150

existing

sites

Allscripts can now offer its own integrated EHR and practice

management solutions

GE is interested in an orderly disposition of their ownership

interest in Allscripts

“Physician groups choose Allscripts because of the referencable

customer base, leading product, and a successful implementation

track record, not because of a piece of paper signed 5 years ago.”

15

A4 Acquisition: Strategic Benefits

Expand product and service offerings

–

Fully integrated EHR and practice management solutions

for small and mid-sized physician groups

–

Complementary acute care solutions

Increase market penetration

–

Double the size of our salesforce

–

Add over 1,500 physician clinics nationally

Accelerate financial performance

–

Double our clinical software revenues

–

Natural gross margin expansion

–

Accretive on CASH basis in 2006 and on GAAP basis in 2007

16

Ambulatory Market Share

Large Physician

Practices (>25)

Segment

EHR

Practice

Management

Mid-Sized Physician

Practices (10-24)

Independent & Small

Physician Practices (<10)

Specialty Groups

Profitable Leadership In Each Segment

17

Ambulatory Market Share

Large Physician

Practices (>25)

Segment

EHR

Practice

Management

Mid-Sized Physician

Practices (10-24)

Independent & Small

Physician Practices (<10)

Specialty Groups

Profitable Leadership In Each Segment

18

Primary

Competitors

Variety of

Small Players

E H R

E H R

Acute Care Focus

Our Solutions Ensure Continuity of Care

Hospital

Hospital

Emergency

Department

(ED)

Care

Management

INFORMATION

INFORMATION

19

Strategies For Growth

Broaden Physician Base

Broaden Physician Base

Enhance Physician Utilization

Enhance Physician Utilization

Continue Product Innovation

Continue Product Innovation

Leverage Brand Recognition

Leverage Brand Recognition

Pursue Strategic Opportunities

Pursue Strategic Opportunities

Aggressively pursue physician

practices in all markets

In-depth training and customer support

Scalable and modular

Rapid implementation

Broader functionality

Publicity and media campaigns

Government driving awareness

Continue to pursue complementary

businesses and assets

Continue to build strategic relationships

20

Key Takeaways

1.

The

time

is

now

2.

Our

physician

focus

is

key

to

transforming

healthcare

3.

We

are

a

leader

in

the

core

growth

markets

in

which

we

compete

4.

Competitive

advantage:

driving

utilization

and

results

We’re just getting started!

21

Financial Overview

22

Consistent Revenue Growth

($ in Millions)

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

$200

$220

2002

2003

2004

2005

2006(E)

$78.8

$85.8

$100.8

$120.6

$220.0

23

Pre-packaged

Medications

Information Services

Clinical Software and

Related Services

* Growth

segments

include

Clinical

Software

and

Related

Services

and

Information

Services

Operating Earnings Drives Strong Cash Earnings Growth*

($0.50)

($0.25)

$0.00

$0.25

$0.50

$0.75

2002

2003

2004

2005

2006(E)

($0.24)

$0.19

$0.39

$0.70 -

$0.72

24

* Defined as EBITDA plus one-time acquisition-related costs, interest income and stock-based compensation

$0.00

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

2002

2003

2004

2005

2006(E)

Solid Bookings Growth

Information Services

Clinical Software and

Related Services

$33.3

$43.1

$65.9

$89.5

$170.0

($ in Millions)

25

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

$158.4 Million

Diversified Backlog Provides Stability

$79.4

$79.4

$27.1

$27.1

$13.7

$13.7

$38.2

$38.2

($ in Millions)

As of 3/31/06

Clinical Software

Maintenance Support

Information Services

Clinical Software Subscriptions

Clinical Software License/

Implementation Fees

26

A4 Acquisition: Financial Highlights

Cost: ~ $300 million

–

$215 million cash and 3.5 million common shares

A4 Health Systems delivers strong financial performance

Enhances revenue mix with a greater emphasis on the

clinical software segment

Accelerate financial performance

–

Accretive to Allscripts on CASH basis in 2006 and on

GAAP basis in 2007

27

Accelerated Growth Through A4

Revenues:

Software & Related Services

Prepackaged Medications

Information Services

Total Revenues

Gross Profit

Gross Profit %

Income from Operations

Cash Earnings

Net Income

GAAP Earnings per Share (Diluted)

Cash Earnings per Share (Diluted)

($ in Millions)

2004

$44.1

44.7

11.9

$100.8

42.6

42.3%

3.2

8.1

$3.1

$0.07

$0.19

2005

$65.2

45.6

9.8

$120.6

54.9

45.5%

9.2

16.8

$9.7

$0.23

$0.39

28

$165.0

43.0

12.0

$220.0

112.0

50 to 52%

19.0

38.0

$11.0

$0.20 to $0.22

$0.70 to $0.72

2006 (E)

Financial Strength

Cash & Marketable Securities

Accounts Receivable, Net

Other Assets

Total Assets

Accounts Payable & Accrued Liabilities

Deferred Revenue

Convertible Debt

Other Liabilities

Total Liabilities

Stockholders’

Equity

Total Liabilities & Stockholders’

Equity

($ in Millions)

$146.1

29.2

45.7

$221.0

$22.4

17.3

82.5

0.4

$122.6

98.4

$221.0

As of 12/31/05

Cash & Marketable Securities

Accounts Receivable, Net

Other Assets

Total Assets

Accounts Payable & Accrued Liabilities

Deferred Revenue

Convertible Debt

Other Liabilities

Total Liabilities

Stockholders’

Equity

Total Liabilities & Stockholders’

Equity

29

As of 3/31/06

$66.8

43.4

338.5

$448.7

$12.1

37.5

85.9

21.6

$157.1

291.6

$448.7

Summary

World-Class

Technologies

World-Class

Technologies

Return On

Investment

Return On

Investment

Our People

Our People

Proven

Track Record

Proven

Track Record

Strong

Partnerships

Strong

Partnerships

Leading

Provider of

Clinical

Solutions

Leading

Provider of

Clinical

Solutions

Physician-centric

Physician-centric

Well-positioned

for Growth and

Sustained

Profitability

30

31