Joseph Carey, the chief operating officer of Allscripts, a Chicago-based vendor of electronic medical records systems and e-detailing services, has given notice of his intention to resign, according to a filing with the Securities and Exchange Commission. Carey gave notice on Feb. 13, according to the filing. The effective date of his resignation, however, "will be determined upon identification of a successor" and could follow a period of transition, the company said.
According to the SEC filing, Allscripts reported net income for the year ended Dec. 31, 2006, of $11.9 million, or 22 cents per diluted share, up 22% compared with a net income of $9.7 million, or 23 cents per diluted share for 2005. Revenue for 2006 was $228 million, up 89% compared with $120.6 million for 2005. Increases in revenue also reflect the results of EHR vendor A4 Health Systems, which Allscripts acquired in March 2006.