Allscripts (MDRX) has concluded its evaluation of strategic alternatives, and decided that the...

|About: Allscripts Healthcare Solut... (MDRX)|By:, SA News Editor

Allscripts (MDRX) has concluded its evaluation of strategic alternatives, and decided that the best course of action at this time is to develop the company's long-term potential under the direction of its new management team. In that vein, the company names Paul M. Black as its new president and CEO, effective immediately. Mr. Black is the former COO of Cerner (CERN) and currently an Allscripts board member. He replaces Glen Tullman, who is stepping down as CEO and board member. Lee Shapiro also will step down as President, effective immediately, and will serve as a consultant to Mr. Black for up to six months. MDRX -18% AH.