Compaq and Allscripts to Provide Physicians Innovative Mobile Tools; $100 Million Pact Expands Marketing, Distribution & Support of TouchWorks(TM)
HOUSTON and CHICAGO, March 22 /PRNewswire/ -- Compaq Computer Corporation (NYSE: CPQ - news) and Allscripts Healthcare Solutions (Nasdaq: MDRX - news) today announced an agreement to deliver the Allscripts TouchWorks(TM) suite with Compaq's innovative products and technology integration services, forming a joint physician mobility platform running on Microsoft operating systems. The three-year agreement is expected to generate more than $100 million in revenue for Compaq from delivery of services and hardware to the Allscripts customer base.
``This agreement is an embodiment of Compaq's vision to partner with leading solutions that address critical issues in healthcare,'' said Peter Blackmore, Executive Vice President Sales and Services at Compaq. ``We're positively delighted that Allscripts Healthcare Solutions is standardizing their mobile physician applications on Compaq's combination of world class services and enabling, end-to-end technology.''
According to Allscripts Chairman and Chief Executive Officer Glen Tullman, healthcare technology providers and clinicians are enamored by the potential handheld technology offers to improve healthcare quality and efficiency. Tullman suggests that without the comprehensive end-to-end technology infrastructure and connections Compaq offers, most handhelds are little more than expensive day planners.
``At Allscripts, we see the iPAQ Pocket PC as the conduit to the enterprise where the vast body of critical information resides,'' said Tullman. ``The question in healthcare is not whether the information exists, but rather providing access to the right information at the right time, and the right time is at the point-of-care when the physician is in the decision making process. We selected Compaq as a key technology partner not only for the iPAQ Pocket PC, but also for their industry-leading ProLiant servers and for their ability to provide the full range of technology integration, financing, and deployment services. In collaboration with Compaq, we expect to accelerate the deployment of our TouchWorks solutions.''
``In Allscripts, we are partnering with a leader in the healthcare market. We share their vision and respect their accomplishment in delivering a leading edge physician mobility platform,'' said David Parsons, Vice President, North America eBusiness Solutions & Alliances for Compaq. ``Our complementary enterprise computing technology and services provide Allscripts a powerful platform from design to delivery and services. This is a great win for both companies as well as for healthcare providers.''
Under the agreement, Allscripts Healthcare Solutions will standardize their TouchWorks(TM) clinical information products suite for the platform of Compaq's iPAQ Pocket PCs, DeskPro Workstations and ProLiant servers. Selling or leasing the bundled solutions directly to medical practices and healthcare institutions, Allscripts also becomes one of Compaq's largest healthcare resellers.
As well as providing Compaq products to Allscripts TouchWorks(TM) users, Compaq Customer Services will accelerate deployment and delivery of the bundled TouchWorks(TM) solution in customer offices and provide post- installation support including maintenance and help desk services. Completing the multi-faceted partnership, Compaq and Allscripts will cooperate on reference site development and conduct joint marketing programs.
Company Background -- Compaq
Compaq Computer Corporation, a Fortune Global 100 company, is a leading global provider of technology and solutions. Compaq designs, develops, manufactures, and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, and communications products, commercial desktop and portable products, and consumer PCs that are sold in more than 200 countries. Information on Compaq and its products and services is available at www.compaq.com.
Company Background -- Allscripts
Allscripts Healthcare Solutions is the leading provider of point-of-care decision support solutions for physicians. The Company's TouchWorks software products are designed to enhance physician productivity and are accessed using wireless handheld or desktop workstation devices to automate the most common physician activities including prescribing, dictation, charge capture, lab orders and results, patient education, and clinical notes. The TouchWorks software runs on Microsoft's PocketPC and Windows CE operating systems. Allscripts provides its applications on the Compaq iPAQ Pocket PC. Allscripts also offers its e-prescribing clients the option of its FirstFill program, which allows physicians to provide patients with the first dosage of the most commonly prescribed medications directly from the office or clinic. Allscripts also provides patient compliance and physician education services such as its e-Detailing product from its Physicians Interactive unit.
The Company has strategic alliances with IDX Systems Corporation, a provider of complete healthcare information solutions for physician group practices, management service organizations, academic medical centers, and integrated delivery networks; Microsoft Corp., the worldwide leader in software, services and Internet technologies for personal and business computing; IMS Health, the world's leading supplier of information solutions to the pharmaceutical and healthcare industries, and Express Scripts, one of the largest pharmacy benefit management (PBM) companies in North America.
Allscripts is headquartered in Illinois and provides services to over 15,000 physicians at more than 4,000 sites across the U.S. Visit Allscripts on the Web at Allscripts.com. Allscripts Healthcare Solutions, Allscripts, ChannelHealth, TouchWorks, TouchWorks Professional, TouchWorks Enterprise, TouchScript, e-Detailing and FirstFill are all trademarks of Allscripts Healthcare Solutions or its affiliates.
Compaq and the Compaq logo Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This press release may contain forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: component shortages, delays in the implementation of changes in delivery models, increased competitive environment and pricing pressures, delays in product rollout schedules, slow acceptance for new form factors, employee retention, disruptions related to restructuring actions, the financial condition of resellers, delays in new systems implementation, operational inefficiencies related to sales cycles, equity investment volatility, and emerging market political or economic instability. Further information on the factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K and the latest quarterly report on Form 10-Q.
This announcement contains forward-looking statements about Allscripts Healthcare Solutions that involve risks and uncertainties. These forward- looking statements are developed by combining currently available information with Allscripts' beliefs and assumptions. These statements often contain words like will, believe, expect, anticipate, intend, contemplate, seek, plan, estimate or similar expressions. Forward-looking statements do not guarantee future performance. These statements are made under the protection afforded them by Section 21E of the Securities Exchange Act of 1934. 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 1999 Annual Report on Form 10-K and registration statement and proxy statement filed in connection with the recent merger with ChannelHealth. Such documents can be obtained through the website maintained by the Securities and Exchange Commission at www.sec.gov.
SOURCE: Compaq Computer Corporation and Allscripts Healthcare Solutions
Email this story - Most-emailed articles - Most-viewed articles |
