e-MedSoft.com and Allscripts Ink Strategic Marketing Agreement
JACKSONVILLE BEACH, Fla. and LIBERTYVILLE, Ill., June 27 /PRNewswire/ -- e-MedSoft.com (Amex: MED - news), a
leading Application Service Provider (ASP) of comprehensive healthcare portal solutions and high-quality, cost-effective pharmacy management and distribution
solutions, and Allscripts, Inc. (Nasdaq: MDRX - news), the market leader in point-of-care electronic prescribing and medication management solutions, today
announced a five-year strategic marketing and preferred vendor relationship. This strategic marketing agreement creates an end-to-end pharmacy management
solution that reduces medication errors, enhances physician productivity, and lowers costs. The combination of e-MedSoft.com's Internet-enabled, full-service
pharmacy solutions coupled with Allscripts' real-time, point-of-care prescribing technology provides physicians, physician groups, large clinics and integrated
delivery networks with the ability to address all of their patients' pharmacy needs through a single source.
The agreement strengthens the market momentum of both companies as they expand their product lines and distribution channels, leading to a significant increase in
the number of customers. In the case of e-MedSoft.com, the Company's pharmacy services division, which provides customized pharmacy management solutions
and risk management to today's unique and complex managed care pharmacy operations, will now include Allscripts' advanced TouchScript© software, delivered
via their handheld wireless solution, the Personal Prescriber(TM), as well as access to their Medifor PATIENT ED© products. The TouchScript system integrates
wireless technology with Internet connectivity, enabling physicians to create electronic prescriptions at the point of care and route them to local retail, Internet and
mail order pharmacies and managed care organizations. Physicians will also be able to ``prescribe'' a personalized, secure Webpage for each patient that contains a
confidential care plan and links to other medically appropriate information and resources utilizing Allscripts' Medifor Direct(TM).
``With this agreement, we continue the trend of expanding our product and service offerings while enhancing connectivity and efficiency for healthcare industry
participants. In this case, we immediately enjoy the cross-selling synergies associated with Allscripts' 10,000 plus customers in over 3,000 sites across the country,
as well as the prospect of an expanded distribution channel for our e-health products and services in the areas of physician practice management and managed care
-- creating new sources of revenue and profit opportunities for the Company and its shareholders,'' stated John F. Andrews, e-MedSoft.com Chairman and Chief
Executive Officer.
Allscripts will benefit by working with a Company that also targets physicians and institutions that have some degree of pharmacy risk. e-MedSoft.com markets
proprietary pharmacy software and other Web-enabled technologies that provide pharmacy management services to long-term care facilities, correctional
institutions, managed care pharmacies, and federally-qualified community health centers. In addition to the suite of management services, the Pharmacy Services
division offers a unique and unparalleled auditing technology, RXAudit.com, which employs state-of-the-art software and services to providers and payers.
``Our goal is to improve healthcare at the point of care. Our partnership with e-MedSoft.com enables us to add thousands of new physicians to our growing list of
clients, furthering our leadership position in this fast-growing electronic prescribing marketplace,'' commented Glen Tullman, Chief Executive Officer of Allscripts.
``Furthermore, we can now offer our physician groups, large clinics and integrated delivery network customers an additional set of pharmacy-related and other
e-health services they are asking for.''
About e-MedSoft.com
e-MedSoft.com, a leading Application Service Provider (ASP) of comprehensive healthcare portal solutions, is leading a transition in the medical industry, as it is the
first subscription-based healthcare management system available for delivery through the Internet.
Through the Internet and its Java-based integrator which utilizes Sun Microsystems, Inc.'s (Nasdaq: SUNW - news) Java technology, e-MedSoft.com's software
facilitates communication across diverse platforms and languages in unlimited capacity, allowing for the inter link of doctors, hospitals, clinics, HMOs, insurance
companies, financiers and government agencies. The ease and low cost with which it can be implemented, its Internet-based ASP model, which reduces the need to
build internal IT infrastructures, and its ability to allow for the exchange of information across diverse platforms and systems bode well for its widespread adoption by
the medical community.
e-MedSoft.com also operates the e-Net Technology group of companies. e-Net group focuses on removing the complexity of Web-enabling business processes by
providing a complete range of Internet Managed Services and Information Technology solutions, and by utilizing strategic partners Sun Microsystems, Oracle
Corporation and Cisco Systems Ltd.
e-MedSoft.com's products are built on the foundations of speed, ease of use, security, scalability and resilience. For more information, see
e-medsoft.com , www.enetgroup.co.uk , and www.magnumfinancial.com .
About Allscripts
Allscripts, Inc. is the leading provider of innovative point-of-care medication management and productivity enhancing solutions designed to meet the needs of
physician practices and managed care payers and plans. The Company's TouchScript software provides easy-to-use electronic prescribing that reduces medication
errors and uses the Internet to route transactions to local retail, mail order and Internet pharmacies and managed care organizations. The Personal Prescriber is
based on the Hewlett-Packard (NYSE: HWP - news) Jornada 600 Series handheld PC hardware and runs on Microsoft's Windows CE operating system. The
Company also provides a number of Internet- based patient compliance and physician education services such as its eDetailing(TM) products, as well as
e-commerce applications. Through its acquisition of MasterChart, Allscripts markets the Practical Portable, the premier, handheld digital dictation solution for
physicians. Allscripts also allows physicians to prescribe a Webpage with patient care plans through its Medifor unit. Strategic partners include IMS Health (NYSE:
RX - news), the world's leading supplier of information solutions to the pharmaceutical and healthcare industries, and PlanetRx.com, (Nasdaq: PLRX - news), a
leading Internet healthcare destination for commerce, content and community. Allscripts is headquartered in Libertyville, IL, and provides services to over 10,000
physicians at 3,000 sites across the U.S. Visit Allscripts on the Web at allscripts.com . Allscripts, TouchScript, TouchScript.Net, Personal Prescriber
and 3Touch are trademarks of Allscripts, Inc.
Statements in this news release that relate to management's expectations, intentions or beliefs concerning future plans, expectations, events and performance are
``forward looking'' within the meaning of the federal securities laws. These forward-looking statements include assumptions, beliefs and opinions relating to the
company's business and growth strategy based upon management's interpretation and analysis of its own contractual and legal rights, of management's ability to
satisfy industry and consumer needs with its technologies, of health-care industry trends, and of management's ability to successfully develop, implement, market
and/or sell its network transaction processing services, software programs, clinical and financial transaction services, and e-commerce systems to its clientele.
Management's forward-looking statements further assume that the company will be able to successfully develop and execute on its strategic relationships. Many
known and unknown risks, uncertainties and other factors, including general economic conditions and risk factors detailed from time to time in news releases and the
company's filings with the Securities and Exchange Commission, may cause these forward-looking statements to be incorrect in whole or in part. The company
expressly disclaims any intent or obligation to update any forward-looking statements. Actual results or events could differ materially from those anticipated in the
forward-looking statements due to a variety of factors set out above, including, without limitation, acceptance by customers of the company's products, changing
technology, competition in the health-care market, government regulation of health care, the company's limited operating history, general economic conditions,
availability of capital and other factors.
SOURCE: Allscripts, Inc. |
