1 Glen Tullman Chief Executive Officer Allscripts Inform. Connect. Transform. Exhibit 99.2 |
2 900+ Employees Financially Strong (Nasdaq: MDRX) Established Leader in Ambulatory Healthcare IT Market: Electronic Health Records e-Prescribing Document Imaging Practice Management Connectivity Solutions Three Business Groups Clinical Solutions Group Physicians Interactive Group Medication Solutions Group About Allscripts The Leading Provider of Clinical Software, Connectivity & Information Solutions to Physicians |
3 Our View Healthcare Revolves Around the Physician A Different Approach Traditional View Healthcare Revolves Around the Hospital |
4 Our Solutions: World-Class Industry-Leading Technologies Our Ability To Deliver Results: Rapid Deployment & ROI Our Footprint: Significant Installed Base / Strong Reference Sites Our Partners: Strong Partnerships and Strategic Alliances Our People: Experienced Employees Who Care Hard To Replicate Competitive Strengths |
5 Becoming Indispensable for Physicians |
6 It’s Happening, Right Now: Allscripts Across the U.S. Electronic Health Record Clients Document Imaging Clients Practice Management Clients |
7 Healthcare is Broken We Can Do Better Physicians at the Center Technology is the Key Four Assumptions |
8 • Not Used Costs and Waste Represent the Problem and the Opportunity • Best Software • Best Information • Best Pharmaceuticals • Best Healthcare • Best Physicians • Not Available • Buried With Paperwork • Can’t Afford • Not Available to 40MM The Paradox of Healthcare |
9 2004 2014 16% 22% $1.8 $3.5 The U.S. is No.1 in the world in healthcare expenditures, but no better than 16 th in medical outcomes. ($ in Trillions) (% of GDP) U.S. Healthcare Costs Higher Costs, Lower Quality |
10 The Current State-of-the-Art? “It was just common sense. A local Blues Plan sent brown paper bags to its members. The idea was for them to put all their prescription drugs, over- the-counter medications and herbal supplements in it. People then took the bags to their doctors….” - Ad in New York Times, 1//05 |
11 We Can Do Better . . . Why Not the Best? R E S U L T S F R O M A N A T I O N A L S C O R E C A R D O N U . S . H E A L T H S Y S T E M P E R F O R M A N C E The Commonwealth Fund Commission on a High Performance Health System September 2006 ABSTRACT: Created by the Commonwealth Fund Commission on a High Performance Health System, the National Scorecard on U.S. Health System Performance is the first-ever comprehensive means of measuring and monitoring health care outcomes, quality, access, efficiency, and equity in one report. Its findings indicate that America’s health system falls far short of what is attainable, especially given the resources the nation invests. Across 37 indicators of performance, the U.S. achieves an overall score of 66 out of a possible 100 when comparing actual national performance to achievable benchmarks. |
12 The Stethoscope London Times 1834 “That it will ever come into general use, notwithstanding its value, is extremely doubtful because its beneficial application requires much time and gives a good bit of trouble, both to the patient and to the practitioner because its hue and character are foreign and opposed to all our habits and associations.” Will The Industry Adopt The EHR? |
13 We “Wrote the Book” on EHRs Our Expertise |
14 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 Annual Savings via eRx Reduces Resources in Medical Records George Washington Univ. Medical Faculty associates Reduction of 30 FTEs in Medical Records Enhances Documentation University of Tennessee Medical Group Avg. Gross Charge Increases of > $30/Patient Visit Reduces/Eliminates Transcription Central Utah Clinic $1M in Savings in Year 1 ($20K/MD) Delivering Results |
15 A Mandate Has Been Issued by the Federal Government and Payers EHR is Becoming a Standard of Care Within Physician Practices All Stakeholders are Backing EHRs “If all we did was provide excellent patient care to sick patients who walked through our doors, I am convinced we would be out of business in five years.” Jerry Miller, MD Chief Executive Officer, Holston Medical Group “We will make wider use of electronic records and other health information technology, to help control costs and reduce dangerous medical errors.” State of the Union Address January 31, 2006 |
16 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 A4 Acquisition – Strategic Benefits |
17 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 Leadership Across the Market |
18 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 Primary Competitors Variety of Small Players Leadership Across the Market |
19 Physician Office Physician Office Our Solutions Connect Healthcare Hospital Hospital Emergency Department (ED) Emergency Department (ED) Care Management Care Management INFORMATION INFORMATION Acute Care Focus |
20 Our Partners |
21 Leadership Council Founding Member and Named to Executive Committee Steering Group for Connecting Communities for Health Initiative Work Group for EHR Certification Process Provided Expert Testimony on e-Prescribing Named on HIMSS Ambulatory Steering EHR Committee Our Industry Leadership |
22 “No one will be practicing medicine in America ten years from now without an Electronic Health Record… that’s why I believe so strongly in what Allscripts is doing.” – Newt Gingrich; Founder of the Center for Health Transformation Our Thought Leadership |
23 Leadership "There are three ways to handle change. You can fight it and die; accept it and survive; or lead it and prosper." - Mike Leavitt Secretary of HHS |
24 Broaden Physician Base Enhance Physician Utilization Continue Product Innovation Leverage Brand Recognition Pursue Strategic Opportunities Aggressively Pursue Physician Practices in All Markets In-Depth Training and Client Support Scalable and Modular Rapid Implementation Inform and Connect Leadership and Focused Marketing Strategies for Growth Pursue Complementary Assets Expand Strategic Relationships |
25 1. Our physician focus is key to transforming healthcare 2. We are the leader in the key growth markets 3. Competitive advantages: Reference Sites . . . Deployment Utilization . . . People The Tipping Point is Here – The Time is Now Key Takeaways |
26 Inform. Connect. Transform. Glen Tullman Chief Executive Officer Allscripts |