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Allscripts (MDRX) Announces Several Key Management Changes; Guides Q2 Bookings

July 13, 2011 7:05 AM EDT
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Allscripts (Nasdaq: MDRX) announced the following management changes:

Cliff Meltzer, a veteran development leader for Apple (Nasdaq: AAPL), Cisco (Nasdaq: CSCO), IBM and most recently CA Technologies (NYSE: CA), joined Allscripts as Executive Vice President, Solutions Development.

Steve Shute, a veteran sales leader, will be joining Allscripts as Executive Vice President, Sales. Mr. Shute has held numerous executive leadership positions at the IBM Corporation (NYSE: IBM), both domestically and internationally, with an emphasis on helping customers utilize technology to solve complex business issues.

Jackie Studer joined Allscripts as Senior Vice President and General Counsel. Ms. Studer brings to the position more than 20 years of legal experience, including the last eight years as General Counsel, Healthcare Information Technology, for GE Healthcare IT (NYSE: GE).

John Guevara, a seasoned leader with extensive success leading mission-critical operations for Microsoft (Nasdaq: MSFT) and other top technology companies, joined Allscripts as Chief Information Officer. At Microsoft, Mr. Guevara led the transition from legacy business process and systems to a next-generation ecosystem as General Manager of the Enterprise Services Solution Management application portfolio.

Allscripts also announced that Eileen McPartland, who has served as Chief Operating Officer, is leaving the Company to become Chief Executive Officer of a private company outside of the healthcare industry, effective July 15, 2011.

For the second quarter of 2011, Allscripts expects bookings of approximately $240 million, representing approximately 13 percent sequential growth compared to $212.4 million as reported in the first quarter of 2011.

In addition, Allscripts expects non-GAAP revenue and earnings per diluted share to slightly exceed current Thomson Reuters First Call consensus estimates.


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