athenahealth - About the company
What does athenahealth do?
Cloud-based administrative tool for healthcare providers. The company has developed EHR, practice management, and population health solutions. The features include EHR, practice management, revenue cycle management (RCM), patient engagement, population health services, care coordination, clinical decision support, and more.
Company Details
- Website: www.athenahealth.com/
- Social:
- Email ID: *****@athenahealth.com
- Phone Number: +1 **********
- Part Of: hf.com
Key Metrics
Total Funding
$46.5M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 910 active competitors
Employee Count
4,445 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bain Capital (Nov 22, 2021)
Which legal entities is athenahealth associated with?
athenahealth is associated with 7 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 20, 1997 | - | - | 197 | |
Jan 19, 2022 | - | - | 521 | |
Dec 20, 2020 | - | - | 624 | |
Jul 02, 2003 | - | - | 300 | |
$90.6M (as on Mar 31, 2023) | $10.5M (as on Mar 31, 2023) | 690 | ||
Dec 26, 999 | - | - | 223 | |
Dec 26, 999 | - | - | 668 |
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athenahealth's acquisition details
athenahealth got acquired by Bain Capital, Hellman & Friedman and Bain Capital on Nov 22, 2021 at an acquisition amount of $17B. It was facilitated by Evercore, Goldman Sachs, Milbank and 7 more.
Click here to take a look at athenahealth's acquisition in detail
athenahealth's funding and investors
How much funding has athenahealth raised till date?
athenahealth has raised a total funding of $46.5M over 5 rounds.
List of recent funding rounds of athenahealth
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
2007 | $6.5M | Convertible Debt | 3628 | 6475 | - |
Jul 07, 2003 | $24K | Convertible Debt | 4211262 | 1014813 | - |
Dec 04, 2000 | $30M | Series B | 2063401 | 4017968 |
Who are athenahealth's investors?
athenahealth has 13 institutional investors including Venrock, Bain Capital Private Equity and Oak Investment Partners.
View details of athenahealth funding rounds and investors
athenahealth's founders and board of directors
Founder? Claim Profile
Who are the founders of athenahealth?
The founders of athenahealth are Jonathan Bush and Todd Park. Todd Park has founded 2 more companies - Devoted Health and Castlight.How many employees does athenahealth have?
athenahealth has 4,445 employees as of Dec 22. The total employee count is 9.5% more than what it was in Dec 21.View details of athenahealth's Founder profiles and Board Members
athenahealth's Competitors and alternates
Who are the competitors of athenahealth?
Top competitors of athenahealth include Symplr, Helium Health and CareCloud.Here is the list of Top 10 competitors of athenahealth, ranked by Tracxn score :
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | athenahealth 1997, Watertown (United States), Acquired | Cloud-based administrative tool for healthcare providers | $46.5M | 90/100 | |
2nd | Symplr 2006, Houston (United States), Acquired | Cloud based administrative suite solutions for healthcare organizations | - | 68/100 | |
3rd | Helium Health 2015, Lekki (Nigeria), Series B | Provider of software for EMR | $42.2M | 66/100 | |
4th | CareCloud 2009, Miami (United States), Acquired | Cloud-based administrative suite solutions for healthcare providers | $174M | 66/100 | |
5th | Notable 2017, San Mateo (United States), Series B | Provider of a wearable device for capturing patient-doctor interaction | $116M | 63/100 | |
6th | Olive 2012, Columbus (United States), Series H | Provider of AI-based platform for administrative solutions | $902M | 60/100 | |
7th | Lemon Healthcare 2019, Seoul (South Korea), Series C | Provider of hospital management software | $13.4M | 59/100 | |
8th | MedeAnalytics 1994, Richardson (United States), Acquired | Healthcare performance analytics company offering BI to providers | $57M | 57/100 | |
9th | Dimagi 2002, Cambridge (United States), Series A | Open source mobile software for health workers | $10M | 55/100 | |
10th | Sandata 1978, New York City (United States), Acquired | SaaS based suite solutions for home healthcare industry | - | 54/100 |
Looking for more details on athenahealth's competitors? Click here to see the top ones
athenahealth's Investments and acquisitions
athenahealth has made 5 investments in companies including The Right Place and PatientPop. athenahealth has also acquired 7 companies including Praxify and Patient IO. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 08, 2017 | Acquisition | 2010 | Pune, India | |
Jan 19, 2017 | Investments | 2013 | Houston, United States | |
Aug 22, 2016 | Acquisition | - |
See all investments and acquisitions by athenahealth
Reports related to athenahealth
Here is the latest report on athenahealth's sector:
News related to athenahealth
Media has covered athenahealth for a total of 28 events in the last 1 year, 18 of them have been about company updates and 5 about partnerships.
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athenahealth to Cut Revenue Cycle Management Work for Physician Practices by 50% with AIBusiness Wire•Dec 12, 2024•athenahealth
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Farmington-based Athena Health Care sells off five more CT nursingHartford Business Journal•Nov 05, 2024•athenahealth
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Athenahealth Unveils Ambient Notes, Orthopedic-Focused EHRHealthcare Innovation•Oct 31, 2024•athenahealth
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Athenahealth Launches AI-Powered Ambient Notes, a Unique Fully Integrated Documentation Solution Designed for Ambulatory PracticesBusiness Wire•Oct 30, 2024•athenahealth
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Nest Genomics Joins athenahealth's Marketplace Program to Bring the Power of Genomics to the Point of CarePR Newswire•Oct 24, 2024•Nest Genomics, athenahealth
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Upfront Joins athenahealth Marketplace to Unlock More Operational Value and Revenue for Healthcare EnterprisesBusiness Wire•Oct 17, 2024•Upfront Healthcare, athenahealth
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Parlance Joins athenahealth's Marketplace Program -- to Help Health Systems Save Money by Digitizing the Voice ChannelPR Newswire•Oct 09, 2024•Parlance, athenahealth
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Frequently asked questions about athenahealth
When was athenahealth founded?
athenahealth was founded in 1997.Where is athenahealth located?
athenahealth is located in Watertown, United States.Is athenahealth an acquired company?
athenahealth got acquired by Bain Capital, Hellman & Friedman and Bain Capital on Nov 22, 2021.When was the latest funding round of athenahealth?
athenahealth's latest funding round was on 2007.Are you a Founder ?
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