athenahealth is a leading provider of internet-based business services for physician practices. The Company's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and live patient communications services.
Company Growth (employees)
Watertown, US
Size (employees)
5,305 (est)+14%
athenahealth was founded in 1997 and is headquartered in Watertown, US

Key People 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


athenahealth Office Locations

athenahealth has offices in Watertown, Belfast, Atlanta, Austin and in 4 other locations
Watertown, US (HQ)
311 Arsenal Street
Bengaluru, IN
1 Lavelle Road
Chennai, IN
Block A Floor 9, Sp Infocity Floor 9, Mgr Main Rd, Kodandarama Nagar, Perungudi
Princeton, US
502 Carnegie Center, Suite 301
San Francisco, US
50 Hawthorne Street
Austin, US
800 West Cesar Chavez Street
Atlanta, US
675 Ponce De Leon Ave Ne Suite 9000
Belfast, US
3 Hatley Road

athenahealth Data and Metrics

athenahealth Financial Metrics

athenahealth's revenue was reported to be $1.1 b in FY, 2016 which is a 17% increase from the previous period.

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

949.4 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

21 m

EBIT (FY, 2016)

12.4 m

Market capitalization (23-Jun-2017)

5.8 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

147.4 m
athenahealth's current market capitalization is $5.8 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


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

Revenue growth, %


Cost of goods sold

133.5 m

Gross profit

356.3 m450.1 m558.2 m949.4 m

Gross profit Margin, %


Operating expense total

589.2 m751.6 m928.8 m


5.9 m955 k(4.1 m)12.4 m

EBIT margin, %


Interest expense

314 k407 k3.9 m4.7 m5.8 m

Income tax expense

10.4 m13.8 m16.1 m(363 k)(745 k)4.9 m(1.7 m)

Net Income

2.6 m(3.1 m)14 m21 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


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

Accounts Receivable

121.7 m148.2 m161.6 m


17.2 m22.6 m30.2 m34.2 m

Current Assets

178.7 m259.1 m320.3 m343.2 m


271.6 m321.5 m347.7 m


198 m198 m229.2 m240.7 m

Total Assets

796.4 m932 m1.1 b1.2 b

Accounts Payable

3.9 m9.4 m10.8 m9.5 m

Total Debt

188.8 m

Current Liabilities

149.8 m205.6 m193.7 m197.9 m

Additional Paid-in Capital

381 m443.3 m522.4 m591.5 m

Retained Earnings

11.6 m8.5 m22.5 m43.5 m

Total Equity

543.3 m633.3 m

Debt to Assets Ratio

0.2 x

Financial Leverage

2.1 x1.9 x
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)(14 m)


3.3 m4.3 m4.2 m5.1 m

Accounts Payable

(233 k)2.5 m2.8 m(4.8 m)

Cash From Operating Activities

93.3 m149.1 m163.8 m182.6 m

Purchases of PP&E

(38.3 m)(76.1 m)(87.2 m)(69 m)

Cash From Investing Activities

(424.9 m)(127.3 m)(199.1 m)(174.9 m)

Long-term Borrowings

(173.8 m)(7.5 m)

Cash From Financing Activities

241.7 m(12.8 m)103.8 m(2 m)

Interest Paid

3.3 m4.5 m

Income Taxes Paid

1.3 m
Y, 2016

Financial Leverage

1.9 x

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


50.21 k62 k75 k88 k

athenahealth Market Value History

athenahealth Median Salaries

Source: 39 public H-1B filings from athenahealth

athenahealth Online and Social Media Presence

athenahealth News and Updates

athenahealth Company Life and Culture

You may also be interested in