Terrence Macaleer Joins Allscripts to Lead Hospital Sales of Physician Solutions
Co-Founder of Eclipsys Brings 30 Years of Hospital Software Sales Experience to New Role
CHICAGO (October 23, 2008) –
Allscripts, the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare, announced today that Terrence Macaleer has joined the company as Vice President of Sales for the company’s Enterprise Solutions Group. Mr. Macaleer will lead the company’s sales and strategy team focused on delivering Allscripts Electronic Health Record and ePrescribing solutions via the increasingly popular collaboration between hospitals, health systems and community medical groups.
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A prominent figure in the healthcare information technology industry, Mr. Macaleer brings 30 years experience to Allscripts, including key roles in building two of the nation’s early and most successful hospital enterprise software companies.
Mr. Macaleer began his career at Shared Medical Systems Corporation (SMS), a pioneer in healthcare IT, where he spent 23 years and rose to Senior Vice President of US Operations, helping to grow the company from start-up to nearly $1 billion in annual revenues. In 1996, he left SMS to found Eclipsys along with SMS co-founder Harvey J. Wilson. As Senior Vice President of Eclipsys, Mr. Macaleer played a central role in growing the company into one of the nation’s largest hospital enterprise software companies, including recruiting and training the first sales force, and leading all sales duties for the company with annual bookings of more than $300 million.
In addition to his roles at SMS and Eclipsys, Mr. Macaleer founded and served as Chairman and Chief Executive Officer of Carefx, a Scottsdale, Ariz. company that provides software designed to eliminate medical errors to more than 300 hospitals.
“As more hospitals take advantage of changes in the law that let them subsidize the cost of electronic health records and electronic prescribing technology to physicians in their communities, Terry Macaleer will help Allscripts grow revenue opportunities in this increasingly important market,” said Glen Tullman, Chief Executive Officer of Allscripts. “We are confident that Terry’s broad knowledge of the acute care market will help us reach the total hospital base, especially community hospitals, where our products connect to more touchpoints than ever before.”
Recent changes to federal regulations make it easier for hospitals to fund technologies that better connect them with non-employed physicians. The federal Stark regulation, which generally limits the scope of hospital-physician relationships, has been modified to enable hospitals to assist non-employed physicians in adopting Electronic Health Record and electronic prescribing solutions that enhance patient safety and quality of care. The change has resulted in sales of Allscripts Electronic Health Record solutions to more than 1,000 physicians affiliated with hospitals across the nation.
“With the change in the Stark rules, the collaboration between physicians and hospitals in adopting healthcare IT is the next frontier in this industry, and Allscripts is the company best positioned to take advantage of the opportunity,” said Mr. Macaleer. “I look forward to this new challenge and to working with the dynamic leadership team at Allscripts to deliver on the company’s vision of providing solutions that effectively connect physicians to one another, to hospitals in their communities and across the entire healthcare system.”
Mr. Macaleer holds a Bachelor of Science degree in Engineering from Princeton University.
About Allscripts
Allscripts (Nasdaq: MDRX) uses innovation technology to bring health to healthcare. More than 150,000 physicians, 700 hospitals and nearly 7,000 post-acute and homecare organizations utilize Allscripts to improve the health of their patients and their bottom line. The company’s award-winning solutions include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, medication services, hospital care management, emergency department information systems and homecare automation. Allscripts is the brand name of AllscriptsMisys Healthcare Solutions, Inc. To learn more, visit http://www.allscripts.com.
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company’s future performance, as well as management’s expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company’s software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; the ability to recognize the benefits of the merger with Misys Healthcare Systems, LLC (“MHS”); the integration of MHS with the Company and the possible disruption of current plans and operations as a result thereof; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2007 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Allscripts
Source: Allscripts