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
Stephen Kahane

Stephen Kahane

President, Enterprise Solutions
Maggie McCanner

Maggie McCanner

Executive Director, Product Innovation
Ed Park

Ed Park

EVP & COO

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

Revenue (Q3, 2017)

304.6 m

Gross profit (Q3, 2017)

160.6 m

Gross profit margin (Q3, 2017), %

53%

Net income (Q3, 2017)

13 m

EBIT (Q3, 2017)

18.6 m

Market capitalization (11-Dec-2017)

5.4 b

Cash (30-Sep-2017)

122.7 m

EV

5.5 b
athenahealth's current market capitalization is $5.4 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

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, 2016

Cash

30.5 m35.9 m57.8 m155 m65 m73.8 m141.9 m147.4 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 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, 2016

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
USDY, 2017

EV/EBIT

296.8 x

Revenue/Employee

57.4 k

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 names Marc Levine chief financial officer to replace ousted CFO

The 30-year veteran most recently served as the executive vice president and CFO of JDA Software Group, a privately-held supply chain provider of software and SaaS solutions.

Go figure: The key to big data is actually small data

Healthcare organizations should break down data into smaller sets that can be used to build into larger programs, experts say.

It takes a lot more than analytics to make population health work

UMass Memorial exec says getting providers on board is a good first step, but workflow adjustments, a data-driven culture and coordination with community resources will deliver results.

Translational Software, Vantari Genetics partner for Alzheimer's precision medicine

Companies will provide genotype testing, actionable genomic information and custom reporting in support of the Banner Alzheimer’s Institute’s GeneMatch registry.

Healthcare is swimming in data, but what to do with it?

It’s time to take stock of big data so we can move forward and turn it into knowledge, experts at the Big Data & Healthcare Analytics Forum say.

Call for HIMSS18 Speaking Proposals: Patient Engagement & Experience Summit

HIMSS is accepting speaker proposals for the Patient Engagement & Experience Summit in Las Vegas on March 5.
Show more

athenahealth Company Life and Culture

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