Veradigm Inc. · OTC:MDRX
Veradigm — Allscripts Healthcare Solutions — Investor Presentation (June 2004)
23 slides from Veradigm's investor presentation, Jun 24, 2004
Slide 1: Allscripts Healthcare Solutions June 2004
Exhibit Allscripts Healthcare Solutions June 2004
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: What We Do & Who We Are
What We Do & Who We Are . . . We Provide Clinical Software, Connectivity & Information Solutions To Physicians • 330 Employees • Public (Nasdaq: MDRX) • Financial Strength - No Debt - $53 Million in Cash Reserves - $105 Million in 2004 Revenue - Diversified/Multiple Revenue Streams - The Leader in H
Slide 4: Executive Team
Executive Team • Glen E. Tullman – Chairman and Chief Executive Officer • Bill Davis – Chief Financial Officer • Lee Shapiro – President • Joe Carey – Chief Operating Officer
Slide 5: Our Vision
Our Vision To Become an Indispensable Part of the Way Physicians Practice Medicine Why? Physicians Control 80% of a $1.6 Trillion Annual Spend
Slide 6: Our Solutions
Our Solutions Allscripts Healthcare Solutions
Slide 7: Automation: EMR Market Opportunity
Automation: EMR Market Opportunity • $5 Billion Market • The Market Has “Tipped” – < 25% Penetration of Mid to Large Size Groups – 50% of Groups Purchasing in Next 18 Months* • What Changed? – Tools & Technology Is Better – Physician’s Willingness – Trends – Results (Proven, Measurable ROI) Market h
Slide 8: TouchWorks EMR—Competitive Advantages
Automation: TouchWorks EMR—Competitive Advantages • IDX Relationship Provides Preferred Access to 70% of Large Groups • Modular Approach Yields Fast Adoption and ROI • Customer Success ($20K Savings per MD) © 2004 Allscripts Healthcare Solutions
Slide 9: TouchWorks EMR—Results
Automation: TouchWorks EMR—Results • Sales Growth In Excess of 52% • Ranked #1 in KLAS for Ambulatory EMR Report • 96% of Clients Would Recommend TW • CUMC Saves $1,000,000 in One Year • Awards: TEPR TETHIC Patient Safety Microsoft HUG MD of Year AC Group 5-Star Rating
Slide 10: TouchWorks EMR—Results
Automation: TouchWorks EMR—Results $1.5 MM $2.7 MM $2.4 MM $1.0 MM $1.3 MM $1.0 MM $2.0 MM 218 Deals Worth $29.2 Million
Slide 11: TouchWorks EMR—Results
Automation: TouchWorks EMR—Results $1.5 MM $2.7 MM $2.4 MM $1.0 MM $1.3 MM $1.0 MM $2.0 MM 218 Deals Worth $29.2 Million
Slide 12: e-Prescribing Market Opportunity
Automation: e-Prescribing Market Opportunity • Significant backing from payors – federal government – managed care • Impact proven and understood – Increased use of generics, medications on formulary – Impact on patient safety • Entry point to broader opportunity – To transactions – To upgrade in fu
Slide 13: TouchScript.NET eRx—Overview
Automation: TouchScript.NET™ eRx—Overview • Most widely used e-Rx solution • #1 Volume of Rx’s to RxHub • .NET version recently launched with Microsoft, HP, Cisco, Capgemini • Features: – Sends Rx from exam room directly to pharmacy using Pocket PC – Instant access to drug interactions and contraind
Slide 14: TouchScript.NET eRx – WellPoint/Microsoft
Automation: TouchScript.NET™ eRx – WellPoint/Microsoft • One of only two vendors selected • TouchScript™ available at no charge for 12 months to select Wellpoint physicians • Started as handheld wireless, may expand into desktops as well • California, Georgia, Missouri and Wisconsin • WellPoint is a
Slide 15: Information/Connectivity—Opportunity
Information/Connectivity—Opportunity • The Opportunity – Pharma Industry Marketing Spend = $15 Billion/Year – Current Market for Online Product Education ~$250mm • The Pharma Challenge – Goal = Educate/Influence ~ 200,000 HVP’s – Challenge = HVP’s Crunched For Time – 43% of Pharma Detail Calls End a
Slide 16: Physicians Interactive—Results
Information/Communication: Physicians Interactive—Results • Pioneer/Leading Provider of e-Detailing and Other Online Solutions • Blue Chip Client Base – 39 Pharmaceutical, Biotech & Medical Device Companies – 8 of Top 10 Pharmaceutical Companies • More Programs Delivered – 350 Programs for 90 Brands
Slide 17: Allscripts Direct—Results
Medication: Allscripts Direct—Results • Legacy Business • Continued Increases In Gross Margin • Strength in Occupational Health Centers • Strength in Employers On-Site Delivery
Slide 18: AHS Revenue Growth Expected to Continue
Financial Overview: AHS Revenue Growth Expected to Continue Growth Segments Medication Distribution Segment
Slide 19: Translating into Positive EPS Growth
Financial Overview: Translating into Positive EPS Growth
Slide 20: Backlog as of March 31, 2004
Financial Overview: Backlog as of March 31, 2004 (in millions) $50.9 Million $7.0 TW Maintainance/ Support $12.6 PI $10.8 TW/TS Subscriptions $20.5 TW/AIC License/ Implementation Fees
Slide 21: Financial Position as of March 31, 2004
Financial Overview: Financial Position as of March 31, 2004 (in millions) Cash and Marketable Securities $ 53.3 No Debt Accounts Receivable, Net $ 17.3 Other Assets $ 39.7 Total Assets $ 110.3 Accounts Payable & Accrued Liabilities $ 14.8 Deferred Revenue $ 10.4 Other Liabilities $0.3 Total Liabilit
Slide 22: Summary
Summary • Physician-Centric • Competitive Advantage In Key Markets • Leadership Position in All Businesses • Strong Sales Momentum in Growing Markets • Strong Financial Position • People Bottom Line Well Positioned for Growth and Sustained Profitability
Slide 23: Allscripts Healthcare Solutions
Allscripts Healthcare Solutions
Allscripts Healthcare Solutions — Investor Presentation (June 2004) on 6ix