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Submitted URL: http://go.pardot.com/e/710433/ack-announces-resignation-html/f3fnc/511577182?h=XrGusLNanjG_kGfI-lb4-oshsrcz3nDYDJG3aR...
Effective URL: https://www.beckershospitalreview.com/ehrs/allscripts-ceo-paul-black-announces-resignation.html
Submission: On May 09 via api from US — Scanned from DE
Effective URL: https://www.beckershospitalreview.com/ehrs/allscripts-ceo-paul-black-announces-resignation.html
Submission: On May 09 via api from US — Scanned from DE
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ALLSCRIPTS CEO PAUL BLACK STEPS DOWN
Naomi Diaz - Thursday, May 5th, 2022
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Allscripts CEO Paul Black announced in an earnings call May 5 that he is
stepping down from his position.
Mr. Black, who served a CEO for 10 years, will leave the EHR vendor May 6.
Rick Poulton, who serves as president of Allscripts, will take on the role of
CEO.
"This is a difficult decision, but I leave knowing that the company is stronger
than ever," Mr. Black said.
In the same call, Allscripts reported $143 million in net earnings for the first
quarter of 2022, up from $134 million during the same period last year.
Four details:
1. Veradigm, Allscripts' payer and life sciences division, reported $136
million in net earnings for the first quarter of 2022, up from $126 million
during the first quarter of 2021.
2. Allscripts' stock repurchases totaled $50 million.
3. Allscripts consolidated GAAP net income in the first quarter of 2022 totaled
$23 million compared with $9 million in the first quarter of 2021.
4. On May 2, Allscripts announced it had completed the sale of its hospital
business segment to N. Harris Computer Corp., a subsidiary of Constellation
Software. In this report, Allscripts said the move will provide additional
"value to clients, employees and shareholders."
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