Thread regarding Allscripts layoffs

PB needs to step down as Glen Tullmen would have not let this happen to Allscripts

Most of you would remember that Glen Tullmen (Founder and CEO) of Allscripts till 2012 was forced to step down due to his just 1 miscalculation of Eclipse merger , however board would have given him one more chance then we won't had this situation today. (PB was part of Allscripts board at that time and one of the main reason Glen left Allscripts). When Glen Tullmen left Allscripts , the stock prices were really low and market cap was just $1.5 Billion (It reached $ 3 Billion of valuation after Eclipses merger and Glen was behind it). Then we had PB who took over as CEO and see how great he has been so far !!! After working day and night and sweating like hell he took Allscripts from 1.5 Billion company to Sub $ 1 Billion in just 7 years. Now this needs some serious dedicated effort on his part. It was not easy to achieve this but he made sure to take just $ 7.5 Million (Total Compensation) in year 2019 to make sure we achieve this target. Yes he decreased his compensation by massive 0.3 million compared to last year (PB took $ 7.8 million in 2018).

Now some of might be wondering what Glen is doing after leaving Allscripts. So he and Lee Shapiro started Livongo Health which deals with Digital health management for Chronic health problem such as Diabetes and Blood pressure.

Last year Livongo health went public and today stock price is $ 60 and it's considered one of the most promising company in it's segment with strong leadership.
Livongo Market Cap - $ 6 Billion (As per today's closing price)
Allscripts Market Cap - $ 1 Billion (As per today's closing price)

This proves that PB you are a looser who should be fired immediately by Board as you have s—ed life out of Allscripts. Not sure if you were paid by Cerner to achieve this (Former COO of Cerner).

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| 2501 views | | 7 replies (last July 21, 2020) | Reply
Post ID: @OP+14VLbU2R

7 replies (most recent on top)

nothing but lies from Allscripts Management

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Post ID: @18rsr+14VLbU2R

As far as Glen Tullman, his hugely successful Livongo is his sweet revenge and unfortunately our sour loss! And to whoever is talking about hiring fresh new folks for innovation, you gotta get rid of the old baggage (I.e. PB , LK, AND other VPs / other leadership who are making poor choices and bad business decisions) first. And obviously they all feel their jobs are more relevant than they really should be.
Maybe Glen will swoop in and buy his old company back... I can dream!!

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Post ID: @2vam+14VLbU2R

Copied from another thread. That is what PB has done to Allscripts and how we lost all the talent:

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If they're following traditions up top here's how it goes:
minor round end of May ('09,'11,'12,'13,'15,'17,'18,'19), major round end of July beginning of August ('09, '11, '13, '17, '18, '19) then another really big one end of November beginning of December ('08, '09, '12, '13, '15, '18, '19 the Q4 k–ler cuts) followed by the C Suite wishing everyone Happy Holidays and no we don't plan on cutting any more people it's simply not on the table ('17,'18,'19). Then the New Years cuts start over again, usually with the late March early April gotta make Q2 look better cuts. Sprinkle random hiring bursts in there to try to plug the holes most years (not this year). When you can spread the cuts out a couple of weeks and never ever let anyone know they're happening until the last possible minute even though the rumor mill usually fires up about a week beforehand.

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Post ID: @2spb+14VLbU2R

Innovation? this company is dead! All talents understand what innovations are already left the boat, sorry.

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Post ID: @2mdr+14VLbU2R

The board needs to act and turn this ship around. Bring in some new, young and innovative leadership (think Google / Silicon Valley types) and re-brand – "A New Allscripts. A New Tomorrow." – Together We've Changed What is Possible" vs current "Together, we can change what is possible".

Get back to a startup mentality and focus on constant improvement. Develop an industry leading product (at whatever cost) with Predictive Analysis, Machine Learning, Cloud based Architecture, etc... Build excitement in employees, customers and shareholders by committing Allscripts to get to and stay on the cutting edge of IT & healthcare. Commit to being done with acquiring companies in an effort to reduce how quickly the ship continues to sink. That is not a long term strategy. Instead, pivot, take a chance, and overhaul this company to become the Industry Leader in Healthcare IT.

Is that risky? EXTREMELY. However, nobody changes the world without taking a chance. Employees/customers are losing their 'Spark' and 'Passion' in Allscripts through the continued cycle of implementing "Upgrades" to fix issues previous "Upgrades" caused or implementing a new product to replace a competitors product (without significant improvement in usability, functionality, or client/patient outcomes). That isn't progress. We need to take a chance on REAL Innovation.

I CHALLENGE the powers in place to put their money where their mouth is and truly go ALL IN in an effort to INNOVATE.

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Post ID: @1xme+14VLbU2R

Wow, informative post, and insightful look into what leadership really amounts to.
Tip my hat to Glen. PB show a little self-respect and get gone.

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Post ID: @fpj+14VLbU2R

Great post. What will it take before PB is shown the door? Seriously, it's like one screwup after another with zero consequences to pay. Could it be that the board is afraid of a discrimination lawsuit by LK if she's not put in as PBs replacement? (God help us if she ever is)

It's long past time the board put on their big boy pants and do THEIR job!

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Post ID: @cxn+14VLbU2R

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