Allscripts Buys NantHealth’s Provider and Patient Engagement Business | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Allscripts Buys NantHealth’s Provider and Patient Engagement Business

August 13, 2017
by Heather Landi
| Reprints

Digital health company NantHealth announced that it signed an agreement with Allscripts to sell the electronic health record (EHR) vendor its provider/patient engagement assets.

In a press release, NantHealth said the deal was part of a series of methodically analyzed actions to “focus the business on its core competencies of artificial intelligence and be the leading cancer company driving 21st century delivery of care. By selling its provider/patient engagement assets to Allscripts, NantHealth says it will integrate the remaining engineering teams to focus on cancer.

The consider for the sale of assets includes the conveyance of 15 million NantHealth shares previously purchased by Allscripts, the company said. Between synergies and the transfer of some number of personnel to Allscripts together with NantHealth’s internal consolidation, headcount will be reduced by approximately 300 staff.

The transaction comes just days after Allscripts acquired McKesson’s health IT business for $185 million and Allscripts announced record bookings in the second quarter of 2017 with $407 million, up 12 percent from the same quarter in 2016.

 

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

Survey: Infrastructure, Interoperability Key Barriers to Global HIT Development

A new survey report from Black Book Research on global healthcare IT adoption and records systems connectivity finds nations in various phases of regional electronic health record (EHR) adoption. The survey results also reveal rapidly advancing opportunities for U.S.-based and local technology vendors.

Penn Medicine Opens Up Telehealth Hub

Philadelphia-based Penn Medicine has opened its Center for Connected Care to centralize the health system’s telemedicine activities.

Roche to Pay $1.9B for Flatiron Health

Switzerland-based pharmaceutical company Roche has agreed to pay $1.9 billion to buy New York-based Flatiron Health Inc., which has both an oncology EHR and data analytics platform.

Financial Exec Survey: Interoperability Key Obstacle to Value-Based Payment Models

Momentum continues to grow for value-based care as nearly three-quarters of healthcare executives report their organizations have achieved positive financial results from value-based payment programs, to date, according to a new study from the Healthcare Financial Management Association (HFMA).

Cerner, Children's National to Help UAE Pediatric Center with Health IT

Al Jalila Children's Specialty Hospital, the only pediatric hospital in the United Arab Emirates, has entered into an agreement with Washington, D.C.-based Children's National Health System to form a health IT strategic partnership.

Telemedicine Association Names New CEO

The American Telemedicine Association (ATA) has named Ann Mond Johnson its new CEO, replacing Jon Linkous who stepped down suddenly last August after 24 years as the organization’s CEO.