Allscripts business realignment targets care coordination, outcomes
- Allscripts subsidiary CarePort announced Tuesday it is taking over control of its parent company’s Care Management tool with an eye on speeding innovation of that platform.
- Acquired in 2016, CarePort offers software that help providers manage patient transitions from the hospital to post-acute care settings and improve outcomes. The Care Management platform focuses on acute case and post-acute referral management.
- The combined software will be called CarePort Care Management and be part of a larger suite of products that includes CarePort Referral Management, CarePort Guide, CarePort Connect and CarePort Insight.
Care Management is currently used by nearly 1,000 U.S. hospitals, according to CarePort.
The move comes as value-based payment models and population health are pushing hospitals to treat patients into lower-acuity settings — requiring coordination across a broad spectrum of providers, inpatient and outpatient facilities and community resources.
CarePort is also ramping up its product development, customer support, services, sales and marketing efforts and is looking to grow its workforce to 200 by year’s end.
Allscripts saw year-over-year revenue climb 17% in 2017. Bookings totaled $1.3 billion, unchanged from the previous year, but were down in the fourth quarter.
In a post Meaningful Use environment, EHR companies are looking for new revenue streams to meet the market’s needs. Care coordination and population health management are among those opportunities.
Allscripts is also focusing on platforms as a growth strategy. Its product pipeline includes scheduling and directory apps and new functions to reduce administrative burden. Last month, Allscripts launched its cloud-based Avenel EHR.