Veradigm Inc. · OTC:MDRX
Veradigm — Allscripts Healthcare Solutions — Investor Presentation (August 2007)
35 slides from Veradigm's investor presentation, Aug 28, 2007
Slide 1: Allscripts Investor Presentation August 2007
Allscripts Investor Presentation August, 2007 Exhibit 99.1
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: Our Mission
Our Mission To be the Leading Provider of Clinical Software, Connectivity & Information Solutions to Physicians
Slide 4: About Allscripts
4 About Allscripts 1,000+ Employees & Growing Solid Financials (Nasdaq: MDRX) Established Leader in Healthcare IT Market Electronic Health Records Practice Management e-Prescribing Document Imaging Personal Health Records Connectivity Solutions Emergency Department Information System Case Management
Slide 5: Our Healthcare Scorecard
Our Healthcare Scorecard $2.2 Trillion Spent in Healthcare $700 Billion in Waste 98,000 Deaths from Medical Errors 7,000 Deaths from Medication Errors Where We Are . . .
Slide 6: Our View
Our View Healthcare Revolves Around the Physician Why Physicians? Traditional View Healthcare Revolves Around the Hospital
Slide 7: Allscripts: Inform. Connect. Transform.
ALLSCRIPTS” Inform. Connect Transform.
Slide 8: What Will It Take to Get There?
What Will It Take to Get There?
Slide 9: ~550,000 U.S. Physicians
~ 550,000 U.S. Physicians x 80% EHR Market Opportunity x ~$12,000 Initial Investment/Physician = ~$5 Billion Opportunity The Ambulatory Physician Market Electronic Health Record (EHR) Market = ~ $5 Billion Practice Management (PM) Market = ~ $1 Billion/Yr. ~10% to 20% of PM Systems Replaced/Yr. Soft
Slide 10: Leadership Across the Market
Large Physician Practices (25<200 MDs) Segment Mid-Sized Physician Practices (10-24 MDs) Small Physician Practices (3<10 MDs) Enterprise (>200 MDs) Independent Physician Practices (1-2 MDs) Leadership Across the Market Primary Competitors Variety of Small Players Variety of Small Players Misys, Sage
Slide 11: Why We Win
Our Footprint: Significant Installed Base / Strong Reference Sites Our People: Experienced Employees Who Care Our Solutions: World-Class Industry-Leading Technologies Our Leadership: Standards, National Initiatives, and Innovation Our Partners: Strong Partnerships and Strategic Alliances Our Ability
Slide 12: Significant National Footprint
12 Academic Medical Center Clients Electronic Health Record Clients Hospitals and Acute Care Clients Significant National Footprint Allscripts Across the U.S. 30,000+ Physicians and 400 Hospitals Across the U.S.
Slide 13: The EHR of Choice
Academic Medical Groups Specialty Groups Multi-Specialty Groups Integrated Delivery Networks The EHR of Choice
Slide 14: Why Now?
“If all we did was provide excellent patient care to sick patients who walked through our doors, I am convinced we would be out of business in five years.” - Jerry Miller, MD Chief Executive Officer Holston Medical Group Why Now?
Slide 15: 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 16: The Future
The Future… Drivers in the Market Role of the Federal Government Standards/Certification Consumerism Content, Content, Content Pay for Performance/Pay for Quality Interoperability/Connect
Slide 17: Shifting the Focus from a Silo…
Shifting the Focus from a Silo…
Slide 18: Allscripts: Inform. Connect. Transform.
ALLSCRIPTS” Inform. Connect Transform.
Slide 19: Connecting to the Hospital
Physician Office Hospital Emergency Department (ED) Care Management Physician Office The “Door In” and the “Door Out” of the Hospital Hospital Emergency Department (ED) Care Management “Door In” “Door Out” Connecting to the Hospital
Slide 20: Leadership
Leadership "There are three ways to handle change. You can fight it and die; accept it and survive; or lead it and prosper." - Mike Leavitt Secretary of HHS
Slide 21: National ePrescribing Patient Safety Initiative (NEPSI)
Introducing: A Coalition of the Nation’s Most Prominent Technology Companies, Healthcare Benefit And Medical Provider Organizations Leadership Advancing Patient Safety Dedicated to improving patient safety by providing free electronic prescribing for every physician in America The National ePrescrib
Slide 22: NEPSI Coalition Sponsors
NEPSI Coalition Sponsors National Sponsors Technology Sponsors Connectivity Sponsors Search Sponsor Health Benefit Sponsors
Slide 23: Advocate LHealth Care (Gy BROWNS TOLAND aS ae
; Al 7 * Advocate LHealth Care (Gy BROWNS TOLAND aS ae mee (TAA Troup HealthCare Health Sciences Center NEW ORL FANS PARTNERS 2a MaineGeneral Health perce er peer Novant) Heat a ALLSCRIPTS Inform. Connect Transform. UF UMassitemorial Medical Center Mew Meea an Gre
Slide 24: 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
Slide 25: Allscripts: Inform. Connect. Transform.
ALLSCRIPTS” | Inform. Conned. Transform
Slide 26: Growth Segments Revenue
$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 $220 $240 $260 $280 $300 $320 2007(E) $100.8 $120.6 $228.0 $300.0 Pre-packaged Medications Information Services Clinical Software and Related Services * Growth segments include Clinical Software and Related Services and Information Services Growth Seg
Slide 27: Solid Bookings Growth
$0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 $220 $240 $260 2007(E) Solid Bookings Growth Information Services Clinical Software and Related Services $65.9 $89.5 $190.1 $260.0 ($ in Millions)
Slide 28: Diversified Backlog Provides Stability
$115.6 $28.4 $23.0 $55.5 $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 $220 $240 $222.5 Million Diversified Backlog Provides Stability $115.6 $28.4 $23.0 $55.5 As of 06/30/07 Clinical Software Maintenance Support Information Services Clinical Software Subscriptions Clinical Software License/ Impl
Slide 29: Allscripts: Inform. Connect. Transform.
ALLSCRIPTS” Inform. Connect Transform.
Slide 30: 2007 Guidance
2007 Guidance ($ in Millions, except per share amounts) 2007 (E) Revenues: Software & Related Services $65.2 $173.5 $240.0 Prepackaged Medications 45.6 43.7 44.0 Information Services 9.8 10.8 16.0 Total Revenues $120.6 $228.0 $300.0 Gross Profit 54.9 116.0 160.5 Gross Profit % 45.5% 50.9% 53.5% Inco
Slide 31: Impact of Convertible Debt
Impact of Convertible Debt ($ in Millions, except per share) Impact of Convertible Debt (for illustrative purposes only) Non-Converted Converted Non-Converted Converted GAAP Net Income $11.9 $11.9 $26.0 $26.0 Adjustments: Add Back Interest Expense 3.5 3.5 Tax Effect of Interest Add-back @ 40% (1.4)
Slide 32: 2007 Earnings Metrics Adjusted Earnings
2007 Earnings Metrics Adjusted Earnings GAAP Net Income $6.0 $11.9 Acquisition-Related Amortization, net of taxes @ 40% 1.1 6.4 Stock-Based Compensation, net of taxes @ 40% 0.4 1.4 Non-GAAP Adjusted Earnings $7.5 $19.7 Weighted Average Shares Outstanding (Diluted) 43.1 53.4 GAAP Earnings Per Share (
Slide 33: Financial Strength
Cash & Marketable Securities Accounts Receivable, Net Other Assets Total Assets Accounts Payable & Accrued Liabilities Deferred Revenue Other Liabilities Total Liabilities Stockholders’ Equity Total Liabilities & Stockholders’ Equity Financial Strength $83.0 55.6 339.0 $477.6 $35.8 35.5 85.4 4.7 $16
Slide 34: 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 35: Allscripts Healthcare Solutions, Inc.
Allscripts Healthcare Solutions, Inc.
Allscripts Healthcare Solutions — Investor Presentation (August 2007) on 6ix