Veradigm Inc.: auditor change — Veradigm restates 2020 financials; revenue reductions of <$10M for 2020-21, <$15M for 9M 2022

Veradigm Inc.

Board on Feb 27, 2025 determined 2020 financials no longer reliable due to misstatements from internal control failures.
Expected aggregate revenue reductions: less than $10M for 2020 and 2021 combined; less than $15M for nine months ended Sep 30, 2022.
Restated financials to be included in the 2022 Form 10-K; material weaknesses and ineffective controls persist.
Non-reliance previously disclosed in March 2023 for 2021 and interim periods; restatement review continues.

item 4.02

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.95

Veradigm Inc. reported that prior financial statements should not be relied upon.

Action: non reliance
Auditor: Grant Thornton LLP

Exact text from the filing

on February 27, 2025, the Board, after discussion with management, reached a determination that the Company’s consolidated financial statements and related disclosures as of and for the year ended December 31, 2020 included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 should no longer be relied upon

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Source: SEC EDGAR

accession 0001193125-25-045705

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