In April 2011 it bought healthcare IT provider Emdeon Inc for $3 billion. MANAGEMENT, BOARD TURMOIL The auction of Allscripts came several months after activist shareholder HealthCor Management installed three of its nominees to the Allscripts board, following a bitter fight with company management led by Chief Executive Glen Tullman. HealthCor, which owned 7.5 percent of Allscripts as of June 30, sued the company in May seeking a proxy fight after Tullman refused its demand that he resign. Allscripts settled the fight in June by agreeing to add HealthCor's candidates to the board. JMP Securities analyst Tim McDonough wrote in a note on November 27 that Allscripts' share price reflected around a 50 percent chance that the company would be acquired.