Allscripts Names New Chairman | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Allscripts Names New Chairman

April 30, 2012
by Gabriel Perna
| Reprints

Chicago-based EMR vendor, Allscripts Healthcare Solutions, Inc. has announced that Dennis Chookaszian has been named the company’s new Chairman for its Board of Directors. Chookaszian has been a director on the board since September 2010 and replaces the outgoing Chairman, Phil Pead, who was recently fired. 

Previously, Chookaszian served as Chairman and CEO of mPower, Inc., a financial advice provider focused on the on-line management of 401(k) plans. He also previously served as Chairman and CEO of CNA Insurance Companies, along with several management positions within the company.

Before serving as the Chairman of Allscripts’ Board of Directors, Pead was the president and CEO of Eclipsys, the EMR vendor that Allscripts acquired in August of 2010. Other previous Eclipsys-based board members, Catherine M. Burzik, Eugene V. Fife, and Edward A. Kangas, informed Allscripts that they had resigned as directors of the Board, after it was announced Pead was terminated.

Last week, Allscripts’ stock took a dive, falling 42 percent, upon news of Pead’s departure, along with the company’s first-quarter financial earnings results. The company noted that bookings were $194.6 million, down from $212.4 million in the first quarter of 2011.

The news of Chookaszian’s promotion to Chairman of the Board, along with Allscript’s announcement that the Board of Directors has authorized management to repurchase an additional $200 million of Allscripts common stock, bringing the total repurchase authorization to $400 million, has bumped up the stock. It was up 80 cents to $11.10 per share, or 7.73 percent. 

Topics

News

NewYork-Presbyterian, Walgreens Partner on Telemedicine Initiative

NewYork-Presbyterian and Walgreens are collaborating to bring expanded access to NewYork-Presbyterian’s healthcare through new telemedicine services, the two organizations announced this week.

ONC Releases Patient Demographic Data Quality Framework

The Office of the National Coordinator for Health IT (ONC) developed a framework to help health systems, large practices, health information exchanges and payers to improve their patient demographic data quality.

AMIA, Pew Urge Congress to Ensure ONC has Funding to Implement Cures Provisions

The Pew Charitable Trusts and the American Medical Informatics Association (AMIA) have sent a letter to congressional appropriators urging them to ensure that ONC has adequate funding to implement certain 21st Century Cures Act provisions.

Former Michigan Governor to Serve as Chair of DRIVE Health

Former Michigan Governor John Engler will serve as chair of the DRIVE Health Initiative, a campaign aimed at accelerating the U.S. health system's transition to value-based care.

NJ Medical Group Launches Statewide HIE, OneHealth New Jersey

The Medical Society of New Jersey (MSNJ) recently launched OneHealth New Jersey, a statewide health information exchange (HIE) that is now live.

Survey: 70% of Providers Using Off-Premises Computing for Some Applications

A survey conducted by KLAS Research found that 70 percent of healthcare organizations have moved at least some applications or IT infrastructure off-premises.