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Allscripts Healthcare Solutions Inc.

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Allscripts exited the third quarter on a favorable note. A solid guidance for 2017 and an encouraging long-term outlook are the key highlights at the moment. Also, expansion in margin in the third quarter is encouraging. We look forward to the takeover of the hospital and health system business of McKesson Corporation.The company’s solid growth in U.S. Core Solutions and Services, fueled by Sunrise electronic health record (EHR) platform and Allscripts Revenue Cycle Management Services buoys optimism.On the flipside, Allscripts’ continued reliance on mergers and acquisition activities poses substantial integration risks. Furthermore, intensifying competition is a major dampener. The company’s products have a long sales cycle which involves intensive decision-making at different managerial levels. The company also expects a modest increase in operating expenses going ahead, to support business growth.

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