Dynamic Healthcare M&A Database

Acquiring Party	Allscripts LLC, a provider of healthcare information technologies, including electronic health records, e-prescribing, document imaging solutions and connectivity products.
Transferring Party	A4 Health Systems, a developer of electronic medical records and practice management systems geared to small and midsized physician practices.
Sector	Data Management/ Healthcare IT
Date	January 20, 2006
Analysis Adds an established leader with a strong product offering and robust sales channel in two significant and underserved market segments - small, independent physician practices and mid-sized medical practice groups. A4's products can be integrated with Allscirpts's TouchWorks™ system. Deal price of $272m, on A4 revenues of $75m and EBITDA of $15.5m (3.6x and 17.5x, respectively).
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Dynamic Healthcare M&A Database - 1Q06