Health IT company Allscripts-Misys has completed its merger with Eclipsys.
Allscripts, which announced the merger at the beginning of June in an all stock $1.3 billion deal, will retain its name and become one of the largest health IT companies in the world.
It will have more than 5,500 employees, combined revenues of $1.2 billion and a client base of more than 180,000 physicians and 1,500 hospitals.
The new Allscripts will take over all of Eclipsys’ existing solutions, including its Sunrise acute care suite.
Glen Tullman, chief executive officer of Allscripts, said: “Our vision is to create a connected community of health to put the right information in the hands of all stakeholders at the right time, empowering them to deliver world-class outcomes, for both their patients and their organisations.
“No company has a larger footprint in healthcare, crossing the entire spectrum of provider organisations from hospitals to physicians to nursing homes, home care agencies and other post-acute providers.”
Allscripts says that the merger will also allow the company to be "uniquely positioned" to help clients access $30 billion of US federal funding to pay for electronic health records.
Phil Pead, chairman of the board of Allscripts and the former chief executive officer of Eclipsys, said: “With the opportunity to qualify for ARRA [American Recovery and Reinvestment Act] funding just months away, we expect that more hospitals and physicians will look to Allscripts as the electronic health record company best able to connect them to the entire community of care.
“There is a level of excitement from both the market and from our clients that we are now positioned to make the connected community of health a reality for providers and patients.”
Link: Allscripts