Allscripts' bookings during the first quarter were $223 million, representing a 26 percent year-over-year growth for the company.
Allscripts' results from the first quarter, the three-month period ended March 31, also show recurring revenue increased to 78 percent from 74 percent during the same period last year. Population health management solutions constituted 36 percent of first quarter bookings.
"Allscripts results for the first quarter reflect a good start to 2014," said Paul M. Black, president and CEO of Allscripts, in a news release. "This quarter we continued to meet client obligations and drive advances on key strategic initiatives. As a result, we are seeing strengthening confidence across the Allscripts client base. Our first quarter financial performance positions us well for a successful year."
More Articles on Allscripts:
When a "Health System" is Defined by Data, Not by Buildings: North Shore-LIJ's Interoperability Investment
Allscripts, MedFusion End Relationship Over Payment Dispute
Epic Leads Among Large Physician Practices