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Allscripts Healthcare Solutions Q2 Loss Narrows

Allscripts Healthcare Solutions Inc. (MDRX) reported that its net loss attributable to stockholders for the second quarter of 2020 narrowed to $7.5 million or $0.05 per share from $149.9 million or $0.90 per share in the second quarter of 2019.

Non-GAAP earnings per share in the second quarter of 2020 were $0.18 compared with $0.17 in the second quarter of 2019.

Second quarter 2020 revenue was $406 million compared with $445 million in the second quarter of 2019.

Strata Decision Technology announced that it has reached a definitive agreement to acquire EPSi from Allscripts for $365 million. EPSi is a provider of financial decision support and planning tools for hospitals and health systems.

The transaction is expected to close later this year, subject to regulatory approval and customary closing conditions.

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