“Allscripts said its sales fell short of expectations because clients took a wait-and-see approach with its products.”
“In the first quarter, Allscripts said its profit shrank to $5.8 million, or 3 cents per share, from $12.6 million, or 7 cents per share. Excluding one-time costs, the company said it earned 12 cents per share. Revenue rose 9 percent, to $364.7 million from $335.3 million.”
As expected. Lack of EHR is not addressing any major pain felt by medical practice organizations in the US. Lack of EHR is not a barrier to physician groups providing a quality product at a reasonable price. Insurance and government procedures and paperwork are a barrier, stemming from government over-regulation. Even malpractice insurance costs are a greater pain point than lack of EHR. Until we address the real problems facing physician groups, EHR just looks like a fancy solution seeking a problem.