This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Health Pro subscribers. To receive the full story plus other insights each morning, click here . In an effort to spiff up its line of offerings, electronic health system (EHR) vendor Allscripts snapped up Boston-based specialty drug prescription startup ZappRx, according to MedCity News. While the cost of the deal is unclear, we know ZappRx's price tag was smaller than the $42 million the startup previously raised in venture capital. Now, Allscripts will integrate ZappRx's cloud-based platform — which expedites prescription-related administrative tasks for providers — into its feature that grants providers the ability to prescribe medications digitally. Here's what it means: Extending its scope with new products and dipping into new revenue streams is a good call for Allscripts considering its recent run of speedbumps. A horde of Allscripts' clients jumped ship in favor of powerful competitors.
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