Allscripts Healthcare Solutions (NASDAQ:MDRX) announced before Tuesday’s open that it has hired Melinda Whittington as the company’s new chief financial officer. Ms. Whittington was previously senior vice president, corporate controller and chief accounting officer of Kraft Heinz Foods (HNZ), and replaces Rick Poulton who was promoted to president late last year. Shares of Allscripts are slightly firmer into the open at $13.52 with a 52-week range of $11.33 to $15.78.
The stock is down 1.30% or $0.18 after the news, hitting $13.32 per share. About 20,604 shares traded hands. Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) has declined 4.66% since June 26, 2015 and is downtrending. It has outperformed by 3.05% the S&P500.
Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Clinical and Financial Solutions segment provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services, including EHR related software, financial and practice management software, related installation and training services, and electronic claims administration services.
The Population Health segment engages in performance and care logistics, and population health strategic businesses that offer health management solutions, which enable hospitals, health systems, and accountable care organizations to connect, transition, analyze, and coordinate care across the care community. The Managed Services segment provides healthcare IT outsourcing solutions and remote hosting solutions, as well as professional services, such as implementation, consulting, education, and technical support. The company serves consumers, physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers, and post-acute organizations. The company has a strategic partnership with Center for Digital Innovation. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois.
