NEW YORK, Feb 20 (Reuters) - Veradigm ( MDRX ) will add
four new directors to its board in an agreement with investor
Kent Lake Capital, the healthcare technology company said on
Thursday just weeks after concluding a strategic review.
Healthcare industry executives Vinit Asar and Louis
Silverman joined the board on Thursday and two additional
independent directors, who will be selected with Kent Lake's
approval, will join later, the company said.
Board member Jonathan Judge stepped down and Chairman Greg
Garrison will retire soon. The board currently has five members.
Earlier this year Veradigm ( MDRX ), which changed its name from
Allscripts two years ago, said it will continue to be a
"standalone" company after having reviewed strategic
alternatives, including a potential sale.
Kent Lake managing member Benjamin Natter said he believes
the company, currently valued at $527 million, can deliver value
to customers and generate attractive returns for shareholders.
Veradigm ( MDRX ) provides physician practices, hospitals, and other
healthcare providers with practice management and electronic
health record technology as well as financial and analytics
technology.