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Athenahealth

Allscripts, athenahealth Acquisitions Head Top 10 Stories of 2018

December 19, 2018 - The EHR market has undergone several shake-ups in the past year, indicating big changes to come as larger EHR vendors cement their presence in the inpatient market and begin branching out into niche areas such as long-term post-acute care and home health settings. Healthcare industry professionals are interested in keeping up with any changes in ownership, management, and product...


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Veritas Capital, Elliott Will Acquire athenahealth for $5.7B

by Kate Monica

Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire athenahealth for about $5.7 billion in cash, the health IT company confirmed on November 12. Elliott Management has expressed support for the...

athenahealth Discussing Deal With Veritas Capital, Elliott

by Kate Monica

Private equity firm Veritas Capital has teamed up with hedge fund Elliott Management to submit a bid for athenahealth, according to Bloomberg. Veritas Capital and Elliott Management are currently engaged in advanced talks with the health...

athenahealth Acquisition Final Bid Includes 5 Potential Buyers

by Kate Monica

Five interested buyers will potentially participate in a final bid for an athenahealth acquisition by the end of October, according to the Boston Globe. The auction for the Massachussetts-based health IT company is nearing an end, sources...

32% of EHR Vendors Use FHIR to Meet 2015 Edition CEHRT Requirements

by Kate Monica

Nearly a third of EHR vendors are using the Fast Healthcare Interoperability Resources (FHIR) standard to meet 2015 Edition certification requirements, according to ONC officials. FHIR is an internet-based standard developed and...

Kansas Community Hospital Launches athenahealth EHR Replacement

by Kate Monica

Hiawatha Community Hospital will go live with a cloud-based athenahealth EHR replacement on September 11 after about a year of preparation. The athenahealth EHR will take the place of the hospital’s former Paragon EHR system,...

athenahealth Acquisition Bid Progresses to Second Round

by Kate Monica

The possibility of an athenahealth acquisition may be increasing as three potential buyers enter a second round of bidding. UnitedHealth Group, TPG, and Bain Capital are among the second round of bidders, according to Seeking...

Top 5 Ways Health IT Companies Are Changing the EHR Market

by Kate Monica

Two quarters are in the books and the EHR market already looks significantly different than it did only six months ago. Allscripts, Cerner, Epic, eClinicalWorks, athenahealth, and a few new players have changed the face of the health IT...

Clinical Efficiency, Costs Key in athenahealth EHR Replacements

by Elizabeth Snell

Improving overall clinical efficiency, streamlining administrative processes, and avoiding upfront costs have been key drivers in athenahealth EHR replacements that have occurred in 2018. Montana-based Mineral Community Hospital (MCH)...

Holzer Health Systems Goes Live with athenahealth EHR System

by Kate Monica

Holzer Health System recently went live with an athenahealth EHR system that includes practice management and patient engagement solutions for improved clinical efficiency. According to health system officials, the athenahealth EHR will...

athenahealth Mobile App Offers Clinicians Drug Therapy Resources

by Kate Monica

Therapeutic Research Center (TRC) recently partnered with athenahealth to provide clinicians and users of athenahealth’s Epocrates mobile app with medication therapy clinical resources and advisory articles for better-informed...

How Web-Based EHR Systems Save Community Hospitals Money

by Kate Monica

More and more health IT companies are working to develop affordable EHR system offerings geared toward meeting the needs of small, rural, and community hospitals. Enterprise health IT companies such as Epic and Cerner — which...

Ballad Health Swaps Cerner EHR for Epic EHR Replacement

by Kate Monica

Tennessee-based Ballad Health recently approved a plan to launch an Epic EHR replacement project to improve connectivity and care coordination between hospitals and providers. The Epic system will replace Ballad’s former Cerner...

Jonathan Bush’s Resignation Opens Door for athenahealth Sale

by Kate Monica

athenahealth will potentially pursue a sale or merger following CEO Jonathan Bush’s resignation, effective immediately, according to CNBC. Bush’s resignation follows reports of old and new allegations against him have...

ClearBridge Investments Supports athenahealth Acquisition

by Kate Monica

ClearBridge Investments recently issued a letter to the athenahealth board of directors backing Elliott Management’s recommendation that the health IT company pursue offers for an athenahealth acquisition. The global equity manager...

Elliott Management Leverages Support for athenahealth Acquisition

by Kate Monica

In a third open letter, hedge fund Elliott Management leveraged shareholder support for its athenahealth acquisition offer to further pressure the health IT company’s board members into taking advantage of the $7 billion buyout...

athenahealth Considering Elliott Management Acquisition Offer

by Kate Monica

athenahealth is seriously considering the Elliott Management acquisition offer for $160 a share, the health IT company’s management team confirmed in a public statement. “The athenahealth Board of Directors takes very...

athenahealth Shareholder Urges Health IT Company to Pursue Buyout

by Kate Monica

Another investment company with stake in athenahealth is urging athenahealth’s board of directors to consider selling the health IT company, according to a recent filing with the United States Securities and Exchange...

athenahealth Not Engaging With Elliott Acquisition Offers

by Kate Monica

athenahealth has not directly communicated with Elliott Management about the hedge fund’s nearly $7 billion all-cash acquisition offer, according to an open letter to the athenahealth board from Elliott Partner and Senior Portfolio...

Elliott Management Offers Nearly $7B to Acquire athenahealth

by Kate Monica

Hedge fund Elliott Management recently made an offer to acquire athenahealth for $160 a share, according to CNBC. Elliott Management founder Paul Singer had a 9.2 percent stake in athenahealth in 2017. Currently, Elliott’s stake is...

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