CHICAGO, Feb. 25 /PRNewswire-FirstCall/ -- The Chicago Area Entrepreneurship Hall of Fame will award Glen Tullman, Chief Executive Officer of Allscripts (Nasdaq: MDRX), its Lifetime Achievement Award today as part of the annual event hosted by the University of Illinois at Chicago (UIC) Institute for Entrepreneurial Studies.
Celebrating its 25th Anniversary, the Chicago Area Entrepreneurship Hall of Fame recognizes innovative business leaders in the Chicagoland area. Each year, it inducts prominent entrepreneurs who have demonstrated the entrepreneurial spirit and business talent by founding or growing their respective business.
"Glen Tullman personifies the best traits of an entrepreneur," said Stefanie Lenway, Dean of the UIC College of Business Administration. "He has spent his distinguished career leading companies targeted on solving the most pressing issues facing our communities and our country, including healthcare, energy and education. Through his imagination, entrepreneurial spirit and determination, he has made a difference for future generations."
The Hall of Fame encourages business leaders, students and government officials to honor the entrepreneurial spirit and business excellence. Past inductees include: Robert J. Abt of Abt Electronics; John W. Baird of Baird & Warner; Gian M. Fulgoni of comScore, Inc; Robert W. Galvin of Motorola; Michael P. Krasny of CDW Computer Centers, Inc.; Stuart R. Paddock, Jr. of Daily Herald; Gordon Segal of Crate & Barrel; and Charlie Trotter of Charlie Trotter's.
"I am honored to be recognized by the Chicago Area Entrepreneurship Hall of Fame," said Mr. Tullman. "Companies are nothing more than a group of people committed to solving important problems and I've been fortunate to be surrounded by great people. I accept this recognition on behalf of all of the employees and great clients of Allscripts, who work everyday to make healthcare better."
Mr. Tullman has led three public companies, including Allscripts, which focuses on 'fixing healthcare from the inside out,' using information technology to improve quality, save lives and reduce cost. Joining as chief executive in 1997, he took Allscripts public two years later and helped to build it into the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare.
Mr. Tullman previously served as Chief Executive Officer of Chicago-based Enterprise Systems, a provider of resource management solutions to large integrated healthcare networks, where he led the company's initial public offering, secondary offering and eventual sale. Before that, he served as President and Chief Operating Officer of CCC Information Services, a company that brought information technology solutions to the automotive claims and auto body collision repair industries.
With energy independence both a priority for the country and an opportunity for entrepreneurs, Mr. Tullman recently started a new energy company called SoCore Energy, a full service commercial solar solutions provider that makes solar energy more flexible, accessible and affordable for mid-size commercial businesses, schools, and public facilities.
Mr. Tullman was named "CEO of the Year" in 2006 by the Illinois Information Technology Association. Ernst & Young named him the "2008 Entrepreneur of the Year" in the technology category for the Midwest region.
In addition to serving as CEO of Allscripts, Mr. Tullman currently teaches entrepreneurship at UIC's Institute for Entrepreneurial Studies. He also sits on the International Board of Directors of the Juvenile Diabetes Research Foundation, the Illinois chapter of which named him its "Person of the Year" for 2009. His personal foundation contributes to both educational and inner-city diversity programs as well as many other charities.
The 2010 Chicago Area Entrepreneurship Hall of Fame partners include: American Chartered Bank, Crain's Chicago Business, Grant Thornton, Market M and the UIC Institute for Entrepreneurial Studies.
Allscripts uses innovation technology to bring health to healthcare. More than 160,000 physicians, 800 hospitals and nearly 8,000 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 AllscriptsMisys Healthcare Solutions, Inc. To learn more, visit www.allscripts.com.
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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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