In 1997, Glen Tullman brought his experience in social behavior and leadership to bear in rebuilding Chicago-based Allscripts from a struggling provider of prepackaged medications that had run out of money into one of the nation’s largest and most successful health care information technology companies. In fact, the company is now publicly traded on the NASDAQ under the symbol: MDRX.
Tullman’s insight, which formed the basis of rebuilding Allscripts, is that health care is essentially an information business. His vision was to leverage technology to provide physicians all the information they need at the point of care, allowing them to deliver the highest quality care in the most cost-effective way everything from the patient’s medication history to his or her latest lab results and insurance status.
Tullman had to overcome the conventional wisdom that physicians won’t use technology and that writing on paper is still the solution. His business motto is “Find a way to win” and, in 2007, the company did just that, with earnings up 59 percent over 2006 and revenue up 24 percent both new records and the third consecutive year that earnings have grown more than 50 percent. The company also recently announced a merger with Misys Healthcare, which doubles the company’s size.
Thanks to his perseverance and leadership, today, more than 40,000 physicians in more than 4,000 clinics and 700 hospitals turn to Allscripts for help in caring for patients and improving their business.
HOW TO REACH: Allscripts, www.allscripts.com