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Allscripts is awaiting a merger with the health care division of British software company Misys PLC. Misys disclosed the merger in March for $330 million, but said that Misys was unable to confirm whether the bankrupt investment Lehman Brothers Holdings Inc. (NYSE: LEH | Quote | Chart | News | PowerRating) would be able to finance part of a planned combination of the companies. Misys said it is looking at other lenders while it determines whether Lehman will be able to fulfill a $305 million loan.
Allscripts said the sale of the Physicians Interactive unit, which makes online clinical education programs for healthcare providers, is scheduled to close on or about October. 3. The company said that the sale will allow it to focus on its core business.
Shares of Allscripts Healthcare Solutions rose $1.22 to close at $13.00 Friday.
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