Veradigm Inc. · OTC:MDRX
Veradigm — Allscripts Healthcare Solutions — Investor Day (February 2006)
32 slides from Veradigm's investor day presentation, Feb 14, 2006
Slide 1: Allscripts: Inform. Connect. Transform.
A ALLSCRIPTS Inform. Connect. Transform.
Slide 2: 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 guarantee futur
Slide 3: What We Do & Who We Are
We Provide Clinical Software, Connectivity & Information Solutions To Physicians 386 Employees Public (Nasdaq: MDRX) Financial Strength - $145+ Million in Cash Reserves - $120+ Million in 2005 Revenue - Diversified/Multiple Revenue Streams - The Leader in High Growth Markets Culture - Fast Moving, C
Slide 4: Our Vision
Our Vision Why? Physicians Control 80% of a $1.7 Trillion Annual Spend To Become an Indispensable Part of the Way Physicians Practice Medicine
Slide 5: How To Become Indispensable for Physicians?
How To Become Indispensable for Physicians? …By Delivering Solutions That Inform, Connect and Transform Healthcare
Slide 6: A Different Perspective
A Different Perspective… Traditional View Our View Healthcare Revolves Around the Physician
Slide 7: Delivering Value Through Our Solutions
Delivering Value Through Our Solutions E-Detailing Medication Dispensing Document Imaging E-Prescribing Electronic Health Record Personal Health Record Adherence/ Compliance
Slide 8: What Our Products Actually Do
What Our Products Actually Do . . . Reach 20,000 MDs with Drug Recall Information The Ability to Educate 10,000 MDs by Tomorrow Morning Decisions Based on Real-Time Evidence-Based Data Health vs. Healthcare With Physician Directed Information Inform-Connect-Transform Making the Impossible Possible
Slide 9: Allscripts: Inform. Connect. Transform.
/ ALLSCRIPTS” Inform. Connect Transform. © 2005 Allscripts LUC.
Slide 10: Allscripts: Inform. Connect. Transform.
ALLSCRIPTS” Inform. Connect Transform. © 2005 Allscripts LUC.
Slide 11: The Opportunity
The Opportunity EHR Market Electronic Health Record Market $6 Billion Market Tools & Technology are Better, Less Expensive Physicians Willingness to Adopt Technology Proven, Measurable ROI
Slide 12: The Allscripts Advantage
The Allscripts Advantage EHR Market Blue-Chip Client Base Modular Approach Proven Process for Rapid Implementation Leadership in National Initiatives Top Rated in Every Industry Evaluation With IDX Partnership, Preferred Access to 70% of Large Groups
Slide 13: Market Share
Market Share EHR Market - Segmentation Market Segment > 25 Physicians 10 to 24 Physicians < 10 Physicians Specialties Status Leader Competitive Evolving – A4 Acquisition Leader 12 Month Management Objective: Profitable Leadership In Each Segment (Buy, Build or Partner)
Slide 14: Over 1,500 Leading Clinics Across the U.S.
Over 1,500 Leading Clinics Across the U.S. Market Share EHR Market - Client Base
Slide 15: Market Share: Client Base
Market Share EHR Market - Client Base Academic Medical Groups Specialty Groups Multi-Specialty Groups Integrated Delivery Networks Over 1,500 Leading Clinics Across the U.S.
Slide 16: Doctors If Doctors Don't Use It Nothing Else Matters
I f D octors D on ’ t U se I t N othing E lse M atters Utilization EHR Market IDDUINEM
Slide 17: 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 18: Press coverage
The New Pork Eimes Ales cuctorser De Als Sutera, Health Industry Under Giiiece nm sey dreds NN sry co ecto 60 fob Hasane Not Crap ink anlage ly ppc wi fapurn Faa Pressure to Computerize Sherer ni beaton, Whe ote inline es irae foo nike TIME The e-Health | Revolution arom ary cual jury. of heath care
Slide 19: We Wrote the Book
We “Wrote the Book” Leadership
Slide 20: The Opportunity
The Opportunity Physicians Interactive MD/Patient Education Market Pharma Industry Marketing Spend = $15 Billion/Year Current Market for Online Product Education ~$250mm 43% of Pharma Detail Calls End at Receptionist 50% of Detail Calls Last < 2 Minutes
Slide 21: The Allscripts Advantage
The Allscripts Advantage Physicians Interactive Blue-Chip Client Base Portfolio of Solutions Leadership in Adherence/ Compliance Proven Return-On-Investment
Slide 22: Market Share
Market Share Physicians Interactive Blue-Chip Client Base 49 Pharmaceutical, Biotech & Medical Device Companies 8 of Top 10 Pharmaceutical Companies More Programs Delivered 400 Programs for 100 Brands 63 International Programs in 11 Countries Significant Traction with Physicians 86,000 Unique Physic
Slide 23: Key Takeaways
Key Takeaways 1. The Time is Now 2. Our Physician Focus = Key to Transforming Healthcare 3. We are the Leader in Growth Markets We Compete In 4. Competitive Advantage = Driving Utilization and Results We’re Just Getting Started
Slide 24: Financial Overview: Historical/Forecast Revenue
$145.0 $120.6 $100.8 $85.8 $78.8 $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0 2002 2003 2004 2005 2006 (E) Clinical Software and Physicians Interactive Medication Distribution Financial Overview: Historical/Forecast Revenue (in millions)
Slide 25: Financial Overview: Historical/Forecast EPS
($0.40) $0.07 $0.24 ($0.13) 2002 2003 2004 2005* 2006 (E)* Financial Overview: Historical/Forecast EPS $0.45 - $0.47 * Excludes stock-based compensation $0.50 ($0.50)
Slide 26: Financial Overview: Bookings
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 2002 2003 2004 2005 2006 (E) PI CSG Financial Overview: Bookings (in millions) $33.3 $43.1 $65.9 $89.5 $123.0
Slide 27: Financial Overview: Backlog
$0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0 2002 2003 2004 2005 PI CSG Financial Overview: Backlog (in millions) $91.2 $67.1 $46.3 $35.0
Slide 28: Financial Overview: Backlog as of December 31, 2005
$55.1 $8.5 $14.8 $12.8 $0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0 CSG Maintenance/ Support PI CSG Subscriptions CSG License/ Implementation Fees Financial Overview: Backlog as of December 31, 2005 (in millions) $91.2 Million $91.2 Million
Slide 29: Financial Overview: Financial Position
Financial Overview: Financial Position as of December 31, 2005 (in millions ) Cash & Marketable Securities $146.1 Accounts Receivable, Net 29.2 Other Assets 45.7 Total Assets $221.0 Accounts Payable & Accrued Liabilities 22.5 Deferred Revenue 17.3 Convertible Debt 82.5 Other Liabilities 0.3 Total Li
Slide 30: A4 Acquisition
A4 Acquisition Cost: ~ $275 million; $215 million in cash and 3.5 million shares of common stock A4 generated revenue in excess of $75 million and EBITDA of approximately $15.5 million in 2005 Product offering Ambulatory care HealthMatics EHR (EHR for small to mid-sized physician practices) HealthMa
Slide 31: Well Positioned for Growth and Sustained Profitability
Well Positioned for Growth and Sustained Profitability Summary Continued Increase In Gross Margin Strong Financial Position Leadership Position in All Businesses Strong Sales Momentum in Growing Markets Competitive Advantage in All Markets People Physician-Centric
Slide 32: Allscripts: Inform. Connect. Transform.
A ALLSCRIPTS Inform. Connect. Transform.
Allscripts Healthcare Solutions — Investor Day (February 2006) on 6ix