athenahealth Inc. is a developer of cloud-based practice management, point-of-care mobile applications and electronic health record (EHR) systems for small to medium-sized (SMB) physician practices and hospitals. Across a range of software products, athenahealth provides solutions for network-based medical records, revenue cycles, patient relationships, and coordination of care. Today, athenahealth has around 5,000 employees across six locations in the United States and three locations in India, and its applications are used by nearly 115,000 healthcare providers. The company is in the top tier of EHR vendors for the ambulatory care market - competing with eClinicalWorks, Greenway Health, Practice Fusion and others.
Headquartered in Watertown, MA, the company's co-founders, Jonathan Bush and Todd Park, developed the onetime startup's first software in 1997, soon after buying a birthing practice in California and growing frustrated with the volume of paper records the practice generated.
Due to strategic mergers and acquisitions (M&A), athenahealth has made inroads into the small and medium-sized hospital space. In 2015, it acquired small hospital EHR vendor RazorInsights, and it forged a deal with Boston's Beth Israel Deaconess Medical Center (BIDMC) and its prominent CIO, John Halamka, M.D., in which athenahealth will adapt BIDMC's homegrown EHR for hospitals in the 50- to 100-bed category.
Bush, athenahealth's CEO and first cousin of former U.S. President George W. Bush, is somewhat of a health IT industry celebrity. He has been outspoken about the advantages of the cloud, what he has alleged is big EHR vendors' refusal to make their systems interoperable and his conviction that government regulation of health IT has stifled progress and quality.
Towards the end of 2018, athenahealth was sold to Veritas Capital and Evergreen Coast Capital. The deal will be finalized in 2019 and athenahealth will continue to operate independently until eventually merged with Virence Health, a value-based care software acquired by Veritas Group.
The fully integrated suite of athenaheath cloud-based services is athenaOne, which combines practice management, EHR systems and care coordination in one product. The company also has several primary individual software offerings:
In recent years, athenahealth has developed other services, including:
24 Jan 2017