athenahealth
Financials
Estimates*
USD | 2015 | 2016 | 2017 |
---|---|---|---|
R&D budget | 194m | 233m | 235m |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0m | Series A | ||
$30.0m | Series B | ||
N/A | Series E | ||
N/A | N/A | IPO | |
N/A | Growth Equity VC | ||
* | $17.0b Valuation: $20.0b | Buyout | |
Total Funding | CAD54.5m |
Recent News about athenahealth
EditAthenahealth is a healthcare technology company that provides cloud-based services to improve the efficiency and effectiveness of healthcare providers. The company serves a wide range of clients, including individual healthcare providers, group practices, and large healthcare organizations. Athenahealth operates in the healthcare technology market, focusing on electronic health records (EHR), revenue cycle management (RCM), and patient engagement solutions.
The business model of athenahealth revolves around offering an all-in-one solution that integrates various aspects of healthcare management. This includes EHR systems that help clinicians manage patient records more efficiently, RCM software that boosts financial performance by streamlining billing and collections, and patient engagement tools that enhance communication and care. By providing these integrated services, athenahealth helps healthcare providers improve clinical outcomes, enhance patient experiences, and optimize financial performance.
Athenahealth makes money primarily through subscription fees for its cloud-based services. Healthcare providers pay for access to the company's technology solutions, which are designed to reduce administrative burdens and improve operational efficiency. Additionally, athenahealth offers support services to help clients maximize the benefits of their technology investments.
The company also has a philanthropic arm, athenaGives, which provides free EHR technology and support services to free and charitable clinics serving underserved communities. This initiative aims to improve access to healthcare for vulnerable populations.
In summary, athenahealth is a key player in the healthcare technology market, offering comprehensive, cloud-based solutions that enhance clinical, financial, and operational performance for healthcare providers.
Keywords: healthcare technology, cloud-based services, electronic health records, revenue cycle management, patient engagement, clinical efficiency, financial performance, administrative support, underserved communities, athenaGives.