CHICAGO and MONSEY, N.Y., May 13 /PRNewswire-FirstCall/ -- Allscripts (Nasdaq: MDRX) announced today that Community Medical & Dental Care, a federally qualified health center (FQHC), has selected the Allscripts Health Center Solution for their 30 multispecialty physicians. The solution includes the Electronic Health Record (EHR), Practice Management and advanced reporting functionality designed to meet the unique clinical, administrative and financial needs of FQHCs and other community health clinics that focus on caring for the uninsured and other economically disadvantaged populations.
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The American Recovery and Reinvestment Act (ARRA), commonly known as the economic 'stimulus,' allocates $1.5 billion in federal grants for FQHCs over the next two years. Many FQHCs plan to use the money to implement Electronic Health Records as a way of improving patient safety by sharing critical information with other community healthcare providers, improving chronic disease management, and reducing costs from duplicate tests and procedures.
"We expect that the Allscripts Health Center Solution will significantly improve clinical quality by helping our providers track the care of each patient to make sure that they are receiving the preventive and chronic care services that they need," said Chana Amsel, Chief Fiscal Officer of Community Medical & Dental Care. "We also anticipate that the new billing system will help us maintain a more predictable cash flow by automating the preparation of claims in the many different formats that our payers require."
As part of the Allscripts Health Center Solution, Community Medical & Dental Care will implement EHR and revenue cycle solutions from Allscripts, including practice management and claims processing. This will enable the clinic to verify a patient's insurance eligibility in real-time, and to view the result in the schedule and other relevant areas of the practice management system.
"By letting us verify the insurance eligibility of our patients online at the push of a button, Allscripts delivers a significant enhancement that will help us avoid visits for which we would not be reimbursed," said Amsel.
A Single Record; Automated Reports for FQHC
Community Medical & Dental Care, a multispecialty group, has two offices in Monsey and a mobile site, with some patients present at multiple sites. This creates difficulties for the clinicians, because the clinic's paper charts are available only at the site where each patient's personal physician works. Allscripts will provide a single electronic record that is available everywhere. In addition, abnormal lab results will be instantly forwarded to physicians so they can immediately inform their patients.
The community clinic selected Allscripts in part for the EHR's pre-built templates of physician progress notes for diverse specialties, including internal medicine, pediatrics, family medicine, dentistry, ob/gyn, dermatology, ophthalmology, endocrinology, nutrition, allergy, and immunology. But the most important factor in the clinic's decision was the ability of the Allscripts solution to quickly and automatically produce the reports that federal and state governments, and private foundations, require of FQHCs.
"We were looking for a solution that could handle the FQHC environment, and the reporting capabilities were the key," said Mendel Hoffman, President and Chief Executive Officer of Community Medical & Dental Care. "For Medicare and other government agencies, we have to provide reports on many dimensions of care, including state and federal quality measures and a variety of socio-economic parameters. It's a high level of detail, and we need a system like Allscripts that not only can meet that standard today but which will be able to quickly make product adjustments to future changes in the FQHC requirements."
Glen Tullman, Chief Executive Officer of Allscripts, commented, "Federally qualified health centers like Community Medical and Dental play a key role in lowering our nation's healthcare costs by providing low-cost medical and dental care for underserved populations who would otherwise end up in hospital Emergency Rooms. Whether it's meeting the demanding FQHC reporting requirements, calculating sliding scale fees, or providing medical and dental templates based on best-practice guidelines, we will provide the solutions that help FQHCs and other community health centers thrive."
What Other FQHCs Are Saying
The Allscripts Health Center Solution has become a clear favorite of FQHCs across the country. Not only does the Allscripts solution enhance a clinic's efficiency and deliver cost savings, it helps to improve the patient experience and clinical outcomes through more effective risk management, streamlined patient communication and education.
The Lone Star Family Health Center in Conroe, Texas, for instance, has saved $50,000 a year in transcription costs since implementing the Allscripts solution. The Crystal Lake Health Center in Benzonia, Mich. eliminated the need for eight medical record clerks, saving over $250,000 per year.
Delaware Health Net, which operates three FQHCs in Delaware, also has achieved significant business improvements since adopting the Allscripts solution, including a 90 percent decrease in claims denials, and 25 percent fewer days in Accounts Receivable. The 25-physician group also was able to drive their care standards even higher than the robust requirements set for FQHCs.
"The system really helps physicians to get the most out of their time with a patient," said Craig Law, Delaware Health Net's Chief Executive Officer. "The EHR presents a perfect snapshot of the patient's history. Every screen is set to match the flow of how our doctors prefer to work."
Law added, "We chose Allscripts because we liked the stability of the company and because it has an exceptionally high adoption rate by physicians. There are other companies, but we wanted a system that our physicians embraced—and that's where Allscripts pulled ahead."
About Community Medical & Dental Care
Community Medical & Dental Care is a federally qualified health clinic in Monsey, NY. Among the specialty fields covered by the 30-physician multispecialty group are internal medicine, pediatrics, family medicine, dentistry, ob/gyn, dermatology, ophthalmology, urology, podiatry, optometry, nutrition, allergy, and immunology. Community Medical & Dental Care provides comprehensive primary care and specialty care for many chronic conditions. The clinic serves a diverse population drawn from across the mid-Hudson Valley region.
About Allscripts
Allscripts uses innovation technology to bring health to healthcare. More than 160,000 physicians, 800 hospitals and more than 10,000 post-acute and homecare organizations utilize Allscripts to improve the health of their patients and their bottom line. The company's award-winning solutions include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, care management, emergency department information systems and homecare automation. Allscripts is the brand name of Allscripts-Misys Healthcare Solutions, Inc. To learn more, visit www.allscripts.com.
For more Allscripts news, follow us on Twitter at: http://twitter.com/AllscriptsMisys
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company's software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; the ability to recognize the benefits of the merger with Misys Healthcare Systems, LLC ("MHS"); the integration of MHS with the Company and the possible disruption of current plans and operations as a result thereof; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2009 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Allscripts-Misys Healthcare Solutions, Inc.
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The American Recovery and Reinvestment Act (ARRA), commonly known as the economic 'stimulus,' allocates $1.5 billion in federal grants for FQHCs over the next two years. Many FQHCs plan to use the money to implement Electronic Health Records as a way of improving patient safety by sharing critical information with other community healthcare providers, improving chronic disease management, and reducing costs from duplicate tests and procedures.
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"We expect that the Allscripts Health Center Solution will significantly improve clinical quality by helping our providers track the care of each patient to make sure that they are receiving the preventive and chronic care services that they need," said Chana Amsel, Chief Fiscal Officer of Community Medical & Dental Care. "We also anticipate that the new billing system will help us maintain a more predictable cash flow by automating the preparation of claims in the many different formats that our payers require."
As part of the Allscripts Health Center Solution, Community Medical & Dental Care will implement EHR and revenue cycle solutions from Allscripts, including practice management and claims processing. This will enable the clinic to verify a patient's insurance eligibility in real-time, and to view the result in the schedule and other relevant areas of the practice management system.
"By letting us verify the insurance eligibility of our patients online at the push of a button, Allscripts delivers a significant enhancement that will help us avoid visits for which we would not be reimbursed," said Amsel.
A Single Record; Automated Reports for FQHC
Community Medical & Dental Care, a multispecialty group, has two offices in Monsey and a mobile site, with some patients present at multiple sites. This creates difficulties for the clinicians, because the clinic's paper charts are available only at the site where each patient's personal physician works. Allscripts will provide a single electronic record that is available everywhere. In addition, abnormal lab results will be instantly forwarded to physicians so they can immediately inform their patients.
The community clinic selected Allscripts in part for the EHR's pre-built templates of physician progress notes for diverse specialties, including internal medicine, pediatrics, family medicine, dentistry, ob/gyn, dermatology, ophthalmology, endocrinology, nutrition, allergy, and immunology. But the most important factor in the clinic's decision was the ability of the Allscripts solution to quickly and automatically produce the reports that federal and state governments, and private foundations, require of FQHCs.
"We were looking for a solution that could handle the FQHC environment, and the reporting capabilities were the key," said Mendel Hoffman, President and Chief Executive Officer of Community Medical & Dental Care. "For Medicare and other government agencies, we have to provide reports on many dimensions of care, including state and federal quality measures and a variety of socio-economic parameters. It's a high level of detail, and we need a system like Allscripts that not only can meet that standard today but which will be able to quickly make product adjustments to future changes in the FQHC requirements."
Glen Tullman, Chief Executive Officer of Allscripts, commented, "Federally qualified health centers like Community Medical and Dental play a key role in lowering our nation's healthcare costs by providing low-cost medical and dental care for underserved populations who would otherwise end up in hospital Emergency Rooms. Whether it's meeting the demanding FQHC reporting requirements, calculating sliding scale fees, or providing medical and dental templates based on best-practice guidelines, we will provide the solutions that help FQHCs and other community health centers thrive."
What Other FQHCs Are Saying
The Allscripts Health Center Solution has become a clear favorite of FQHCs across the country. Not only does the Allscripts solution enhance a clinic's efficiency and deliver cost savings, it helps to improve the patient experience and clinical outcomes through more effective risk management, streamlined patient communication and education.
The Lone Star Family Health Center in Conroe, Texas, for instance, has saved $50,000 a year in transcription costs since implementing the Allscripts solution. The Crystal Lake Health Center in Benzonia, Mich. eliminated the need for eight medical record clerks, saving over $250,000 per year.
Delaware Health Net, which operates three FQHCs in Delaware, also has achieved significant business improvements since adopting the Allscripts solution, including a 90 percent decrease in claims denials, and 25 percent fewer days in Accounts Receivable. The 25-physician group also was able to drive their care standards even higher than the robust requirements set for FQHCs.
"The system really helps physicians to get the most out of their time with a patient," said Craig Law, Delaware Health Net's Chief Executive Officer. "The EHR presents a perfect snapshot of the patient's history. Every screen is set to match the flow of how our doctors prefer to work."
Law added, "We chose Allscripts because we liked the stability of the company and because it has an exceptionally high adoption rate by physicians. There are other companies, but we wanted a system that our physicians embraced—and that's where Allscripts pulled ahead."
About Community Medical & Dental Care
Community Medical & Dental Care is a federally qualified health clinic in Monsey, NY. Among the specialty fields covered by the 30-physician multispecialty group are internal medicine, pediatrics, family medicine, dentistry, ob/gyn, dermatology, ophthalmology, urology, podiatry, optometry, nutrition, allergy, and immunology. Community Medical & Dental Care provides comprehensive primary care and specialty care for many chronic conditions. The clinic serves a diverse population drawn from across the mid-Hudson Valley region.
About Allscripts
Allscripts uses innovation technology to bring health to healthcare. More than 160,000 physicians, 800 hospitals and more than 10,000 post-acute and homecare organizations utilize Allscripts to improve the health of their patients and their bottom line. The company's award-winning solutions include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, care management, emergency department information systems and homecare automation. Allscripts is the brand name of Allscripts-Misys Healthcare Solutions, Inc. To learn more, visit www.allscripts.com.
For more Allscripts news, follow us on Twitter at: http://twitter.com/AllscriptsMisys
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company's software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; the ability to recognize the benefits of the merger with Misys Healthcare Systems, LLC ("MHS"); the integration of MHS with the Company and the possible disruption of current plans and operations as a result thereof; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2009 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Allscripts-Misys Healthcare Solutions, Inc.
