athenahealth

OverviewSuggest Edit

athenahealth is a provider of network-enabled services and mobile applications for medical groups and health systems. It offers medical record, revenue cycle, patient engagement, care coordination, and population health services. 

TypePrivate
Founded1997
HQWatertown, US
Websiteathenahealth.com
Employee Ratings3.3
Culture scoreB+

Latest Updates

Employees (est.) (Feb 2019)5,156
Job Openings120
Revenue (FY, 2015)$924.7 M(+23%)
Share Price (Feb 2019)$135

Key People/Management at athenahealth

Robert Segert

Robert Segert

Chairman & CEO
Richard Barnwell

Richard Barnwell

Senior Vice President, Product Engineering
William J Conway

William J Conway

Chief Sales Officer
Luis Borgen

Luis Borgen

Chief Financial Officer
Paul Brient

Paul Brient

Chief Product Officer
Jessica Collins

Jessica Collins

Senior Vice President, General Counsel
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athenahealth Office Locations

athenahealth has offices in Watertown, Atlanta, Austin, Belfast and in 4 other locations
Watertown, US (HQ)
311 Arsenal St
Atlanta, US
675 Ponce De Leon Ave NE #9000
Austin, US
800 W Cesar Chavez St
Belfast, US
3 Hatley Rd
Burlington, US
95 Pine St
Bengaluru, IN
135, Lavelle Road, Ashok Nagar
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athenahealth Financials and Metrics

Summary Metrics

Founding Date

1997

athenahealth total Funding

$40 m

athenahealth investors

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athenahealth Revenue

athenahealth's revenue was reported to be $924.73 m in FY, 2015 which is a 22.9% increase from the previous period.
USD

Cash (30-Sept-2018)

303.4m
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

752.6m924.7m

Revenue growth, %

26%23%17%

Sales and marketing expense

229.9m

General and administrative expense

144.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

Revenue

163.0m185.9m190.4m206.4m224.7m236.1m256.1m261.9m276.7m285.4m

Cost of goods sold

144.4m144.0m

Gross profit

141.0m

Gross profit Margin, %

49%
Annual
usdY, 2009FY, 2010Y, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013Y, 2013Y, 2014FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017

Cash

30.5m35.9m35.9m57.8m57.8m155.0m155.0m65.0m65.0m73.8m73.8m141.9m141.9m147.4m165.1m

Accounts Receivable

36.9m49.0m61.9m87.3m121.7m121.7m148.2m148.2m161.6m169.5m

Prepaid Expenses

6.7m9.0m10.9m17.2m22.6m30.2m46.8m

Inventories

17.2m22.6m30.2m34.2m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

12.7m19.0m18.7m2.6m(3.1m)14.0m21.0m53.1m

Depreciation and Amortization

13.0m19.0m29.1m61.9m93.8m118.0m142.7m147.3m

Accounts Payable

(1.0m)688.0k13.0k(233.0k)2.5m2.8m(4.8m)4.5m

Cash From Operating Activities

44.7m60.8m70.2m93.3m149.1m163.8m182.6m241.1m
USDY, 2018

Financial Leverage

1.5 x
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athenahealth Operating Metrics

athenahealth's Customers was reported to be 88 k in FY, 2016.
FY, 2013Y, 2014FY, 2015FY, 2016

Customers

50.21 k62 k75 k88 k
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Human Capital Metrics

Source: github.com
Embed Graph
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athenahealth Online and Social Media Presence

Embed Graph

athenahealth Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    C

    65/100

  • Compensation

    B

    72/100

  • Diversity

    C+

    67/100

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athenahealth News and Updates

Atrium Health, Henry Ford Health System and athenahealth join growing list of healthcare companies to sign ParityPledge®

NEW YORK, March 24, 2020 /PRNewswire/ -- Parity.org is proud to recognize the numerous health companies that have signed the ParityPledge®, a public commitment to interview at least one qualified woman for every open role, vice president and above, including the C-suite and Board. The...

Athenahealth adds mobile decision tool to epocrates for COVID-19

Views of the added CDC guidelines have increased 600% over 10 days, receiving seven times more views than any other set of guidelines in the epocrates app.

Athenahealth CISO describes the company’s new ‘internal offense’ security strategy

“We no longer can rely on traditional security controls like vulnerability scans and periodic penetration tests to assure our stakeholders that our systems are keeping up with the rate and pace with which attacks occur,” says Taylor Lehmann.

Athenahealth adds new guidance, order sets for coronavirus detection

The cloud technology vendor has made new CDC-recommended tools available to ambulatory and hospital clients, to help with faster diagnosis and continuous monitoring.

Athenahealth CEO Bob Segert describes the cloud vendor's new path forward

After a challenging few years marked (to put it mildly) by "lots of change," the chief executive describes athena's goals for product integration, SaaS innovation and client service now that its new leadership team is in place.
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athenahealth Frequently Asked Questions

  • When was athenahealth founded?

    athenahealth was founded in 1997.

  • Who are athenahealth key executives?

    athenahealth's key executives are Robert Segert, Richard Barnwell and William J Conway.

  • How many employees does athenahealth have?

    athenahealth has 5,156 employees.

  • Who are athenahealth competitors?

    Competitors of athenahealth include Allscripts, EMIS Group and R1.

  • Where is athenahealth headquarters?

    athenahealth headquarters is located at 311 Arsenal St, Watertown.

  • Where are athenahealth offices?

    athenahealth has offices in Watertown, Atlanta, Austin, Belfast and in 4 other locations.

  • How many offices does athenahealth have?

    athenahealth has 8 offices.