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250 US jobs in Jeopardy as AllScripts expands business to India

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American Healthcare solutions company AllScripts’ decision to expand its business to India will cost 250 of its US employees their jobs. This cut will represent around 3.7 percent of the company’s global work complement which comes to a total of about 7200 employees. The Chicago IL based company made this decision considering the sub-continent’s potential to deliver high efficiency and cost effective solutions to their service needs. Another major driving force behind this decision was the 2% drop in revenue for the company in its first quarter this year relative to last year’s Q1. Support and maintenance services provided by the company also showed a considerable decline in revenue in the same time frame. Allscripts through this venture intends to bounce back from their revenue slump and get their profit wheels in motion. "As a normal course of business, we are rebalancing our teams to ensure we have the right resources allocated to the right projects" said Allscripts Spokeswoman Concetta Difranco. Apart from healthcare Allscripts also specializes in other fields including IT services and electronic health records. With an estimated growth of 7.6 per year in global healthcare IT outsourcing market in the years to come, Allscripts sound decision will pay out huge dividends to the company in the upcoming future.  

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