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News & Press: Industry News

Allscripts Purchases Practice Fusion

Tuesday, January 9, 2018   (0 Comments)
Posted by: Bradley Coffey, MA, AAOE Government Affairs
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Chicago, IL - In a sign that the EHR market could be heading towards consolidation, health IT vendor Allscripts announced this week that it would purchase San Francisco based EHR company Practice Fusion for $100 million cash. Practice Fusion was valued at over $1 billion in 2015.

Practice Fusion is unique among EHRs in that the cloud based system it offered was completely free for physicians to use (as of January 2018, Practice Fusion's product was used by 30,000 physician practices). In a news release, Allscripts touted the purchase as a way to round out its customer base by reaching smaller practices, according to Politico.

“By adding Practice Fusion offerings to our portfolio, Allscripts will be further positioned for continued growth and long-term leadership in healthcare,” said Allscripts President Rick Poulton in the news release. “Combined with Practice Fusion, we expect Allscripts to continue to drive innovation in addressing gaps-in-care, improving clinical outcomes and real-world-evidence research. Plus, Practice Fusion’s affordable EHR technology supports traditionally hard-to-reach independent physician practices, and its cloud-based infrastructure aligns with Allscripts forward vision for solution delivery.”


No word from the company on whether the EHR will continue to be free to use or if the acquisition will add a cost to the platform. The transaction is expected to close in the first quarter of calendar year 2018. The federal government is not expected to challenge the acquisition.

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