Veradigm Inc. · OTC:MDRX
Veradigm — Allscripts Healthcare Solutions — Investor Presentation (May 2006)
31 slides from Veradigm's investor presentation, May 9, 2006
Slide 1: Allscripts: Inform. Connect. Transform.
A ” ALLSCRIPTS: Inform. Connect. Transform.
Slide 2: Safe Harbor
Safe Harbor This presentation may contain forward-looking statements about Allscripts Healthcare Solutions that involve risks and uncertainties. These statements are developed by combining currently available information with Allscripts’ beliefs and assumptions. Forward-looking statements do not gua
Slide 3: Company Overview
Company Overview Physicians rely on our products to improve the quality and efficiency of healthcare they provide Our integrated product lines provide clinical information and automate physicians’ most basic workflows such as documentation, prescription writing, charge capturing, and scheduling and
Slide 4: Our Vision
Our Vision Physicians Control 80% of $1.8 Trillion To Become an Indispensable Part of the Way Physicians Practice Medicine Annual Healthcare Spend
Slide 5: Our Vision
Our Vision To Become an Indispensable Part of the Way Physicians Practice Medicine We deliver solutions that Healthcare.
Slide 6: Fundamental Problem In Healthcare
Fundamental Problem In Healthcare 16% 22% $1.8 $3.5 The U.S. is st in the world in healthcare expenditures, but no better than 16 th in medical outcomes ($ in Trillions) (% of GDP)
Slide 7: Fundamental Problem In Healthcare
Fundamental Problem In Healthcare
Slide 8: What Is The Solution?
What Is The Solution? CONNECTING
Slide 9: Large and Growing Market Opportunity
Large and Growing Market Opportunity Small to mid-sized practices represent largest number of physicians Practice management solutions provide complementary product offering with significant incremental market opportunity Ambulatory EHR Market is ~$5+ Billion Opportunity ~550,000 U.S. Physicians ~85
Slide 10: Allscripts Competitive Strengths
Allscripts Competitive Strengths Significant installed base Award-winning technologies that enable industry-leading solutions Rapid return on investment Strong partnerships and strategic alliances Experienced employee base
Slide 11: Delivering Value Through Diversified Solutions
e-Prescribing Personal Health Record Medication Dispensing e-Detailing Emergency Department Practice Management Electronic Health Record Care Management Delivering Value Through Diversified Solutions e-Prescribing Personal Health Record Medication Dispensing e-Detailing Emergency Department Practice
Slide 12: Delivering Results
Delivering Results Generates Clinical Trial Revenue Holston Medical Group $3M/Yr. in Clinical Trial Revenue Delivers on Pay for Performance Facey Medical $1.2M P4P Payout from Blue Cross Produces e-Prescribing Savings Sierra Health $5M in Savings via eRx Reduces Resources in Medical Records George W
Slide 13: Allscripts: The EHR of Choice
Allscripts: The EHR of Choice Academic Medical Groups Specialty Groups Multi-Specialty Groups Integrated Delivery Networks Over 3,000 Leading Clinics Nationwide
Slide 14: Strength of Our Partnerships
Strength of Our Partnerships
Slide 15: Renegotiated IDX Agreement
Renegotiated IDX Agreement A win for OUR Customers, IDX/GE, and Allscripts Preserves the best attributes of the original agreement Allscripts remains preferred choice and “safe choice” for IDX customers with over existing sites Allscripts can now offer its own integrated EHR and practice management
Slide 16: Acquisition: Strategic Benefits
A4 Acquisition: Strategic Benefits Expand product and service offerings – Fully integrated EHR and practice management solutions for small and mid-sized physician groups – Complementary acute care solutions Increase market penetration – Double the size of our salesforce – Add over 1,500 physician cl
Slide 17: Ambulatory Market Share
Ambulatory Market Share Large Physician Practices (>25) Segment EHR Practice Management Mid-Sized Physician Practices (10-24) Independent & Small Physician Practices (<10) Specialty Groups Profitable Leadership In Each Segment
Slide 18: Ambulatory Market Share
Ambulatory Market Share Large Physician Practices (>25) Segment EHR Practice Management Mid-Sized Physician Practices (10-24) Independent & Small Physician Practices (<10) Specialty Groups Profitable Leadership In Each Segment Primary Competitors Variety of Small Players
Slide 19: Acute Care Focus
E H R Hospital Emergency Department (ED) Care Management E H R Acute Care Focus Our Solutions Ensure Continuity of Care Hospital INFORMATION INFORMATION
Slide 20: Strategies For Growth
Broaden Physician Base Enhance Physician Utilization Continue Product Innovation Leverage Brand Recognition Pursue Strategic Opportunities Strategies For Growth Broaden Physician Base Enhance Physician Utilization Continue Product Innovation Leverage Brand Recognition Pursue Strategic Opportunities
Slide 21: Key Takeaways
Key Takeaways 1. The time is now 2. Our physician focus is key to transforming healthcare 3. We are a leader in the core growth markets in which we compete 4. Competitive advantage: driving utilization and results We’re just getting started!
Slide 22: Financial Overview
Financial Overview
Slide 23: Consistent Revenue Growth
Consistent Revenue Growth ($ in Millions) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 $220 2006(E) $78.8 $85.8 $100.8 $120.6 $220.0 Pre-packaged Medications Information Services Clinical Software and Related Services * Growth segments include Clinical Software and Related Services and Informati
Slide 24: Operating Earnings Drives Strong Cash Earnings Growth
Operating Earnings Drives Strong Cash Earnings Growth* ($0.50) ($0.25) $0.00 $0.25 $0.50 $0.75 2006(E) ($0.24) $0.19 $0.39 $0.70 - $0.72 * Defined as EBITDA plus one-time acquisition-related costs, interest income and stock-based compensation $0.00
Slide 25: Solid Bookings Growth
$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 2006(E) Solid Bookings Growth Information Services Clinical Software and Related Services $33.3 $43.1 $65.9 $89.5 $170.0 ($ in Millions)
Slide 26: Diversified Backlog Provides Stability
$79.4 $27.1 $13.7 $38.2 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $158.4 Million Diversified Backlog Provides Stability $79.4 $27.1 $13.7 $38.2 ($ in Millions) As of 3/31/06 Clinical Software Maintenance Support Information Services Clinical Software Subscriptions Clinical Software License/ Implem
Slide 27: Acquisition: Financial Highlights
A4 Acquisition: Financial Highlights Cost: ~ $300 million – $215 million cash and 3.5 million common shares A4 Health Systems delivers strong financial performance Enhances revenue mix with a greater emphasis on the clinical software segment Accelerate financial performance – Accretive to Allscripts
Slide 28: Accelerated Growth Through A4
Accelerated Growth Through A4 Revenues: Software & Related Services Prepackaged Medications Information Services Total Revenues Gross Profit Gross Profit % Income from Operations Cash Earnings Net Income GAAP Earnings per Share (Diluted) Cash Earnings per Share (Diluted) ($ in Millions) $44.1 44.7 1
Slide 29: Financial Strength
Financial Strength Cash & Marketable Securities Accounts Receivable, Net Other Assets Total Assets Accounts Payable & Accrued Liabilities Deferred Revenue Convertible Debt Other Liabilities Total Liabilities Stockholders’ Equity Total Liabilities & Stockholders’ Equity ($ in Millions) $146.1 29.2 45
Slide 30: Summary
World-Class Technologies Return On Investment Our People Proven Track Record Strong Partnerships Leading Provider of Clinical Solutions Physician-centric Summary World-Class Technologies Return On Investment Our People Proven Track Record Strong Partnerships Leading Provider of Clinical Solutions Ph
Slide 31: Allscripts: Inform. Connect. Transform.
A ” ALLSCRIPTS: Inform. Connect. Transform.
Allscripts Healthcare Solutions — Investor Presentation (May 2006) on 6ix