About athenahealth
athenahealth is a company based in Watertown (United States) founded in 1997 was acquired by Bain Capital in November 2021. athenahealth has raised $40 million across 4 funding rounds from investors including Elliott Management, Bain Capital and Veritas Capital. athenahealth has completed 7 acquisitions, including Anodyne Health, Patient IO and Praxify. athenahealth offers products and services including Electronic Health Record, Medical Billing Software, and Patient Engagement. athenahealth operates in a competitive market with competitors including Symplr, Helium Health, Notable, Lemon Healthcare and MedeAnalytics, among others.
- Headquarter Watertown, United States
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$40 M (USD)
in 4 rounds
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Latest Funding Round
$6.5 M (USD), Debt – Convertible
Jun 01, 2007
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Investors
Elliott Management
& 8 more
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Employee Count
Not available
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Investments & Acquisitions
Anodyne Health
& 6 more
- Acquired by
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Products & Services of athenahealth
athenahealth offers a comprehensive portfolio of products and services, including Electronic Health Record, Medical Billing Software, and Patient Engagement.
Software for managing patient records and clinical workflows.
System to streamline billing and collections for practices.
Tools for enhancing patient interactions and care.
People of athenahealth
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Product Management Team
117 people
Software Development Team
110 people
Sales and Marketing
107 people
Leadership Team
67 people
Senior Team
43 people
Finance and Accounting
18 people
Human Resources and Administration
15 people
Operations Team
14 people
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Funding Insights of athenahealth
athenahealth has successfully raised a total of $40M across 4 strategic funding rounds. The most recent funding activity was a Debt – Convertible round of $6.5 million completed in June 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in athenahealth
athenahealth has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Elliott Management, Bain Capital and Veritas Capital.
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Venture capital firm focused on tech sectors
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Life science & tech focused VC firm investing in early stage companies in the US
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US focused VC firm
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Investor details for athenahealth
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Investments & Acquisitions by athenahealth
athenahealth has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Anodyne Health, Patient IO and Praxify.
Investment portfolio details for athenahealth
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Platform for care coordination, patient engagement and for developers to integrate it to their existing systems.
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A predictive analytics software for appointment management
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Cloud based physician Practice Management Solution with an integrated EHR on mobile/tablet
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Locked | Locked | 2010 | Locked |
Complete acquisition details for athenahealth
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Financial Statements - athenahealth
Detailed financials for athenahealth
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- Profit trends
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Athenahealth Comparisons
Peer comparison for athenahealth
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Competitors of athenahealth
athenahealth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Symplr, Helium Health, Notable, Lemon Healthcare and MedeAnalytics, among others.
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Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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Electronic medical records software is provided for healthcare providers.
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Wearable device provided for capturing patient-doctor interactions.
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Hospital management software is provided for patient care processes.
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Healthcare analytics are delivered to enhance provider performance.
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Detailed competitors of athenahealth
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Latest news on Athenahealth
Complete news archive for athenahealth
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Frequently Asked Questions about athenahealth
athenahealth was founded in 1997 and raised its 1st funding round 2 years after it was founded.
athenahealth is headquartered in Watertown, United States.
Bob Segert is the current CEO of athenahealth.
athenahealth is a funded company, having raised a total of $40M across 4 funding rounds to date.
Athenahealth was founded in 1997 and is headquartered in Watertown, United States. Operations focus on the healthcare technology sector, where cloud-based solutions are provided to support providers. Services encompass electronic health records (EHR), practice management, revenue cycle management (RCM), patient engagement, population health, care coordination, and clinical decision support. These tools aid administrative and clinical workflows for medical practices.
athenahealth's top competitors include Notable, Symplr and Helium Health.
athenahealth offers Electronic Health Record, Medical Billing Software, and Patient Engagement.
athenahealth has made 7 acquisitions, including Anodyne Health, Patient IO, and Praxify.
athenahealth has 9 investors. Key investors include Elliott Management, Bain Capital, Veritas Capital, Venrock, and Cardinal Partners.