Veradigm Inc. · OTC:MDRX
Veradigm — Allscripts Healthcare Solutions — J.P. Morgan 2018 Healthcare Conference
27 slides from Veradigm's conference presentation, Jan 9, 2018
Slide 1: Allscripts Healthcare Solutions Investor Presentation
Allscripts Healthcare Solutions Investor Presentation J.P. Morgan 2018 Healthcare Conference | January 9, 2018 Exhibit 99.1
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements under “Affirming 2017 Outlook”. These forward-looking statements are based on the current beliefs and expectations of Allscripts manag
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation includes references to non-GAAP revenue, gross profit, gross margin, and Adjusted EBITDA, which are considered non-GAAP financial measures under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. Each of these measures adj
Slide 4: Investment Considerations
Investment Considerations Allscripts offers a robust and diversified solutions portfolio Supported by a high recurring revenue model Significant operating leverage Double digit non-GAAP earnings growth and strong free cash flow Secular shift to value-based care drives global investment in IT We enab
Slide 5: A Global Leader in Healthcare Technology
A Global Leader in Healthcare Technology NASDAQ: MDRX Public since 1999 Global HQ: Chicago, IL Non-GAAP Revenue1: ~$2.2B ~77% recurring Our Team ~8,900 team associates globally Veteran executive leadership Clients, team members in 13 countries incl. Australia, Canada, Israel & UK Our Company 1Annual
Slide 6: A Complete and Diverse Portfolio
Electronic Health Record The power of Allscripts EHRs extends across the continuum, connecting healthcare communities. Precision Medicine & Consumer Solutions Integrated, actionable genomic information delivered directly into clinical workflow. Financial Management Management and operational efficie
Slide 7: Breadth and Network Connectivity
Breadth and Network Connectivity 75K+ PHYSICIAN PRACTICES Including Practice Fusion 3,400 HOSPITALS 13M+ CONNECTED CONSUMERS 100K+ COORDINATED COMMUNITY CARE ORGANIZATIONS 14M+ COORDINATED COMMUNITY CARE REFERRALS 3.1B+ OPEN API DATA SHARES
Slide 8: Industry & Innovation Recognition
Industry & Innovation Recognition 2017 #1 Population Health Management Solution: for Top Core EHR 2017,2016, 2015, 2014 #1 Inpatient EHR: Large Hospitals & Academic Medical Centers (+200 beds) 2016, 2015, 2014 Top Ambulatory EHR: Large Group Practices 2015 Perfect Scores: Best practices for User-Cen
Slide 9: Allscripts: Growth Opportunity
#4 Allscripts: Growth Opportunity
Slide 10: Future Growth Streams
Future Growth Streams Our unique growth opportunities—unmatched by any HIT provider Growth as an industry consolidator Post-acute growth Organic growth in traditional markets
Slide 11: Organic growth in traditional healthcare
Organic growth in traditional healthcare Recurring Services Professional Services Hosting Managed Services Revenue Cycle Management Services Value-based Care Tools Connects & aggregates community data to create harmonized view of patient Care coordination sets clinical interventions into action Fina
Slide 12: Post-acute growth - Largest Provider
Post-acute growth - Largest Provider Netsmart the largest provider of post-acute medical/behavioral digital solutions Chronic Illness Chronic illness are 2-3x more costly with behavioral comorbidity Post-acute care integration critical for value-based care models
Slide 13: Growth as an industry consolidator
Growth as an industry consolidator Revenue Based HIT Vendor Share Source: https://www.healthcare-informatics.com/hci100/2017-hci-100-list * Approximate revenue, numbers are not publicly available ** 2017 Annualized Revenue, assuming Q4’17 midpoint of guidance (to be inclusive of the Enterprise Infor
Slide 14: Growth as an industry consolidator
Growth as an industry consolidator Enterprise Information Solutions Strengthens Allscripts community hospital offering (Paragon) Doubles Allscripts base of core EHR and RCMS hospitals Adds incremental, high-margin ancillary solutions Opens incremental cross-selling opportunities Attractive valuation
Slide 15: Allscripts: Financial Model
#4 Allscripts: Financial Model
Slide 16: Strong Annual Sales Trends
Strong Annual Sales Trends Dollars in millions. See reconciliation of non-GAAP metrics in the appendix of this presentation.
Slide 17: Expanding Margins
Expanding Margins Dollars in millions. See reconciliation of non-GAAP metrics in the appendix of this presentation.
Slide 18: Results: Nine Months Ending 9/30/17
Results: Nine Months Ending 9/30/17 Bookings $997M 10% Backlog $4.1B 5% Non-GAAP Revenue $1.3B 13% $997M $297M Recurring Revenue Non-Recurring Revenue Software Revenue Services Revenue $446M $848M Dollars in millions. See reconciliation of non-GAAP metrics in the appendix of this presentation.
Slide 19: Strong Cash Generation Enabling Balanced Approach to Value Creation
Strong Cash Generation Enabling Balanced Approach to Value Creation Invest to accelerate growth Continue to innovate across our growth pillars Gross R&D spend +15% 9.30.17 YTD 2017 ~16% of non-GAAP revenue1 M&A Broaden portfolio with opportunistic M&A Enterprise Information Solutions (new core segme
Slide 20: Affirming 2017 Outlook
Affirming 2017 Outlook: Non-GAAP revenue at high end of $1.79 billion and $1.82 billion Adjusted EBITDA at high end of $345 million and $365 million, consisting of: Non-GAAP earnings per share growth of between 10 to 15 percent ($0.61-$0.63) Note: Based on original disclosure of November 2, 2017.
Slide 21: Allscripts Healthcare Solutions J.P. Morgan 2018 Healthcare Conference
Allscripts Healthcare Solutions Investor Presentation J.P. Morgan 2018 Healthcare Conference | January 9, 2018
Slide 22: Appendix: Non-GAAP Reconciliations
Appendix: Non-GAAP Reconciliations
Slide 23: Reconciliations: Rec/Non-Rec and SW/Services
Reconciliations: Rec/Non-Rec and SW/Services
Slide 24: Reconciliations: Adjusted EBITDA & Margins ('15-16)
Reconciliations: Adjusted EBITDA & Margins (‘15-16)
Slide 25: Reconciliations: Adjusted EBITDA & Margins ('13-14)
Reconciliations: Adjusted EBITDA & Margins (‘13-14)
Slide 26: Reconciliations: Non-GAAP Gross Profit and Margin
Reconciliations: Non-GAAP Gross Profit and Margin
Slide 27: Reconciliations: Rec/Non-Rec and SW/Services
Reconciliations: Rec/Non-Rec and SW/Services
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