Health IT Analytics January 8, 2018
Jennifer Bresnick

Allscripts will purchase cloud-based EHR vendor Practice Fusion for $100 million in cash, expanding Allscripts’ big data-driven portfolio for providers and life science companies.

Allscripts has announced that it will acquire Practice Fusion, a health IT vendor offering a cloud-based EHR and data analytics tools for life science companies, for $100 million in cash.

The acquisition will allow Allscripts to extend its big data analytics capabilities, gain clientele among smaller physician practices, and continue to deliver data-driven solutions to the life science sector.

“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.

Practice Fusion is perhaps most well-known for its cost effective electronic...

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Topics: Analytics, Big Data, Biotechnology, EMR / EHR, Mergers & Acquisitions / JV, Precision Medicine
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