Wednesday, May 8, 2013

Healthcare Information Technology Company to Expand in Raleigh

Raleigh, NC
May 8, 2013
Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that Allscripts, a leading developer of Electronic Health Record, practice management and other clinical, revenue cycle, connectivity and information solutions, will expand its operations center in Wake County. The company plans to create 350 jobs in North Carolina by the end of 2017 and invest $2.8 million into its Raleigh location. The jobs will be primarily in research and development.

“Allscripts is a premier employer that  understands what Raleigh, Wake County and North Carolina have to offer,” said Governor McCrory. “Its expansion is proof that the Triangle’s technology hub continues to grow. We’ve got the qualified talent, strong business climate, and attractive quality of life that Allscripts and its employees need to succeed.”

Allscripts offers clinical, financial, connectivity and information solutions to hospitals and physician practices. The company’s tools help automate and connect common healthcare data flow tasks, such as entering prescription information, managing orders and lab tests, and other medical workflows and records. The company currently employs more than 1,000 people in Raleigh.

“Allscripts is creating solutions that are meeting the changing and future needs of healthcare by enhancing all aspects of electronic connectivity in healthcare,” said Paul M. Black, President and Chief Executive Officer of Allscripts. “Our technology will enable patients to enter into the healthcare community and direct and control everything from their doctor visit to coordinating their post-hospital stay and rehabilitation. We are about improving patient care, eliminating wasteful dollars and aggregating insightful data that allows care givers to deliver the most effective treatments.”

“We’re committed to creating new jobs in North Carolina and we know that a majority of those jobs will come from existing companies like Allscripts,” said Sharon Decker, North Carolina Secretary of Commerce. “We applaud the Allscripts executives for their commitment to invest in North Carolina and grow their company right here in Wake County.”

Allscripts is in the process of executing on a series of new initiatives to improve product delivery and client experience.  Its Center of Excellence in Raleigh is a successful and key R&D facility for the company.  The company is seeking to expand its workforce in Raleigh where there is ample access to a top talent pool including highly desirable graduates from  local universities. 

“The Allscripts expansion is great news for Raleigh and Wake County,” said Sen. Neal Hunt. “The creation of new IT jobs is a natural fit for the Research Triangle Region and will help us continue to shine a spotlight on our strong  high-tech sector.”

"Allscripts is leading the way in providing tools that healthcare providers need to provide efficient services to their patients,” said Rep. Jim Fulghum.  “As a doctor, I understand the importance of having high-tech tools available to medical professionals. I am delighted that Allscripts has chosen to expand here in Raleigh.”

The project was made possible in part by an award to Allscripts from the state Job Development Investment Grant (JDIG) program, as voted by the state Economic Investment Committee. Receipt of the award is based on proof of job creation and other performance requirements. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state, and which would not be undertaken in North Carolina without the grant.  

Under the terms of the company’s JDIG award, Allscripts is eligible to receive up to twelve annual grants equal to 41 percent of the state personal income tax withholdings from the eligible new jobs created since the date of the initial award. Receipt of each annual grant is based on state-certified proof that the company has fulfilled incremental job creation and capital investment requirements. Over twelve years, the JDIG award could yield aggregate benefits to Allscripts of up to $5,353,500.

Additional funds from the company’s JDIG award could be added to the state’s Utility Fund for infrastructure improvements in economically distressed counties. When a JDIG is awarded to a company whose site is located in the state’s more economically prosperous counties such as Wake, 25 percent of the company’s grant is allocated to the Utility Fund to encourage economic development in less prosperous counties. For more information on the county tier designations, visit: http://www.nccommerce.com/research-publications/incentive-reports/count….

Other partners who assisted with this announcement include: The N.C. Department of Commerce, N.C. Community Colleges, Wake County, City of Raleigh and Raleigh Economic Development.

For more information about Allscripts, including job opportunities, visit www.allscripts.com.

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