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
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
Show all (8)

athenahealth Financials and Metrics

athenahealth Financials

athenahealth's revenue was reported to be $285.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

285.4 m

Gross profit (Q1, 2017)

141 m

Gross profit margin (Q1, 2017), %

49%

Net income (Q1, 2017)

(1.4 m)

EBIT (Q1, 2017)

1.1 m

Market capitalization (17-Oct-2017)

4.9 b

Cash (31-Mar-2017)

98 m
athenahealth's current market capitalization is $4.9 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

185.9 m190.4 m206.4 m224.7 m236.1 m256.1 m261.9 m276.7 m285.4 m

Cost of goods sold

144.4 m

Gross profit

141 m

Gross profit Margin, %

49%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

56.2 m59.5 m32.6 m104.9 m116.7 m100.6 m134.3 m130 m98 m

Accounts Receivable

97.6 m101.5 m118.7 m127.3 m144.8 m147.3 m139.8 m151.3 m164.3 m

Current Assets

227.1 m229.5 m219 m279.8 m306.9 m283.1 m307.2 m320.5 m303.7 m

PP&E

235 m259.7 m282.8 m298.2 m309.1 m323.1 m327.9 m332.7 m361.1 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.2 m)(1.6 m)(8.8 m)9.3 m5.8 m(833 k)(1.9 m)13.9 m(1.4 m)

Depreciation and Amortization

15.2 m17.3 m20.4 m22.1 m24.8 m26.8 m28.5 m32.5 m

Accounts Receivable

97.6 m101.5 m118.7 m127.3 m144.8 m147.3 m139.8 m151.3 m164.3 m

Accounts Payable

9 m10.4 m10 m12.4 m14.2 m6 m4.1 m13.9 m4.4 m
USDY, 2017

Revenue/Employee

53.8 k

Financial Leverage

1.8 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

Traffic Overview of athenahealth

athenahealth Online and Social Media Presence

athenahealth News and Updates

Athenahealth: Leadership, support can help doctors avoid burnout

Physicians who rate their capabilities highly seem to be doing fine, but too many feel they don’t have the support to deliver the best care.

Covenant Health adds telemedicine services at 4 skilled nursing facilities

TripleCare’s telemedicine-based approach allows physicians to differentiate patients who require a hospital transfer from those who can be treated in Covenant’s facilities.

OurHealth taps athenahealth to integrate Salesforce, portal, other apps

The healthcare staffing company also tapped into the cloud-based vendor’s More Disruption Please innovator’s program, CIO Sherry Slick said.

HIMSS Analytics introduces LOGIC Go mobile app

New platform intended to help boost sales and marketing in healthcare IT sector.

HHS, FDA, VA among the 24 federal agencies with ineffective security, report says

Inspector generals and GAO have made hundreds of recommendations to these agencies about deficiencies in security controls, but many have yet to be fully implemented.

Epic CEO Judy Faulkner is standing behind switch from EHRs to 'CHRs'

A comprehensive health record, unlike today’s EHR, would incorporate more data types, notably social determinants, she says.
Show more

athenahealth Company Life and Culture

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