athenahealth

Athenahealth provides cloud-based services for physician practices, such as electronic health records and practice management. The Company's service offerings are based on proprietary web-native practice management and electronic health record software, a continuously updated payer knowledge-base, integrated back-office service operations and live patient communications services.
Company Growth (employees)
Type
Public
HQ
Watertown, US
Founded
1997
Size (employees)
5,305 (est)
athenahealth was founded in 1997 and is headquartered in Watertown, US

Key People/Management at athenahealth

Jonathan Bush

Jonathan Bush

Chief Executive Officer, President and Chairman of the Board of Directors
Maggie McCanner

Maggie McCanner

Executive Director, Product Innovation
Stephen Kahane

Stephen Kahane

EVP | President, Client Organization
Ed Park

Ed Park

Member, Board of Directors

athenahealth Office Locations

athenahealth has offices in Watertown, Belfast, Atlanta, Austin and in 4 other locations
Watertown, US (HQ)
311 Arsenal Street
Atlanta, US
675 Ponce de Leon Ave NE Suite 9000
Austin, US
800 West Cesar Chavez Street
Belfast, US
3 Hatley Road
Bengaluru, IN
1 Lavelle Road
Chennai, IN
Block A Floor 9, SP Infocity Floor 9, MGR Main Rd, Kodandarama Nagar, Perungudi
Show all (8)

athenahealth Financials and Metrics

athenahealth Financials

athenahealth's revenue was reported to be $1.1 b in FY, 2016
USD

Market capitalization (16-Feb-2018)

5.6 b

Cash (31-Dec-2017)

165.1 m

EV

5.5 b
athenahealth's current market capitalization is $5.6 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

245.5 m324.1 m422.3 m595 m752.6 m924.7 m1.1 b

Revenue growth, %

32%30%41%26%23%17%

Cost of goods sold

133.5 m

Gross profit

949.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

151.5 m163 m185.9 m190.4 m206.4 m224.7 m236.1 m256.1 m261.9 m276.7 m285.4 m301.1 m304.6 m

Cost of goods sold

144.4 m143.8 m144 m

Gross profit

141 m157.3 m160.6 m

Gross profit Margin, %

49%52%53%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

30.5 m35.9 m57.8 m155 m65 m73.8 m141.9 m147.4 m165.1 m

Accounts Receivable

121.7 m148.2 m161.6 m

Inventories

17.2 m22.6 m30.2 m34.2 m

Current Assets

178.7 m259.1 m320.3 m343.2 m381.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

62.3 m51.3 m56.2 m59.5 m32.6 m104.9 m116.7 m100.6 m134.3 m130 m98 m71.2 m122.7 m

Accounts Receivable

87 m97.6 m101.5 m118.7 m127.3 m144.8 m147.3 m139.8 m151.3 m164.3 m170.3 m163.9 m

Current Assets

180.6 m231.4 m227.1 m229.5 m219 m279.8 m306.9 m283.1 m307.2 m320.5 m303.7 m287.9 m329.4 m

PP&E

212.3 m235 m259.7 m282.8 m298.2 m309.1 m323.1 m327.9 m332.7 m361.1 m362.7 m361.5 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    2.6 m(3.1 m)14 m21 m

    Depreciation and Amortization

    43.6 m18.1 m26.3 m142.7 m

    Accounts Receivable

    (4.2 m)(34 m)(25 m)(13.5 m)

    Inventories

    3.3 m4.3 m4.2 m5.1 m
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    (10.6 m)(8.1 m)(2.2 m)(1.6 m)(8.8 m)517 k6.3 m(833 k)(2.7 m)11.2 m(1.4 m)

    Depreciation and Amortization

    43.7 m14.2 m15.2 m17.3 m20.4 m54.7 m85.9 m33.1 m66.5 m104 m

    Accounts Receivable

    (13.1 m)97.6 m101.5 m118.7 m(4.4 m)(21.9 m)903 k8.3 m(3.1 m)164.3 m

    Accounts Payable

    7.4 m9 m10.4 m10 m2.6 m5.6 m(4.4 m)(6 m)2.2 m4.4 m
      Y, 2017

      Financial Leverage

      1.7 x
      Show all financial metrics

      athenahealth Operating Metrics

      athenahealth's Customers was reported to be 88 k in FY, 2016, which is a 17% increase from the previous period
      FY, 2013Y, 2014FY, 2015FY, 2016

      Customers

      50.21 k62 k75 k88 k
      Show all operating metrics

      athenahealth Market Value History

      Source: github.com

      athenahealth Median Salaries

      Source: 39 public H-1B filings from athenahealth
      Show all human capital metrics

      athenahealth's Web-traffic and Trends

      athenahealth Online and Social Media Presence

      athenahealth News and Updates

      Athenahealth to show new tech to ease burden on doctors at HIMSS18

      CEO Jonathan Bush said the goal is to remove the grunt work doctors neither want nor are schooled to perform.

      Athenahealth names Jeff Immelt chairman of the board

      Athenahealth appointed former GE CEO Jeff Immelt as chairman of its board of directors. Immelt’s appointment is part of a series of strategic initiatives athenahealth started in 2017 to create a more focused and efficient company, drive increased levels of profitable growth, and enhance shareholder …

      Athenahealth revenue jumps 13%, beats expectations

      Just three months after it revised its expectations for 2017 earnings and announced big layoffs,  the company signed new clients in Q4 and kept a lid on expenses.

      athenahealth partners with NoteSwift on AI-powered EHR documentation

      Technology called Samantha, which will be available via athena's marketplace, aims to save docs eight hours per week in charting time via automation.

      Epic Systems lands Best in KLAS award 8th year in a row

      Cerner, athenahealth and Merge each score two Best in KLAS rankings.

      Pop health tech improves medical group's ACO performance with Medicare wellness visits

      Virginia group practice nearly doubled the national average of patients attending these visits to close quality gaps and improve health outcomes.
      Show more

      athenahealth Company Life and Culture

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