Will Athenahealth Transfer My Data To Cloud Services

athenahealth Strengths, Domain Expertise, and Cardinal Differentiators

Since it was founded in 1997, Athenahealth has become the powerhouse in Cloud healthcare through a combination of three distinct merely interconnected components—cloud-based software, networked cognition, and back-role services.

Athenahealth enables healthcare providers to achieve and sustain financial wellness while keeping their focus on quality patient care. Its cloud-based services are currently packaged equally iv integrated offerings: athenaCollector for acquirement bike management, athenaClinicals for electronic health tape, athenaCommunicator for patient engagement, and athenaCoordinator for patients access and intendance coordination services.

athenahealth Recent Developments

In July 2020 athenahealth renamed its CentricityTM Business to athenaIDX. Through the operational integration betwixt Virence Health and athenahealth, this rebrand aligns the enterprise Revenue Wheel Management (RCM) solution with the company's product portfolio and leverages the strength of the IDX and athenahealth brands.

athenaIDX is an on-premise or cloud-hosted enterprise RCM solution that helps health systems, hospitals, billing services, and large practices optimize financial performance and successfully accommodate to healthcare payment reform. It is currently in use past some of the nation's largest healthcare organizations, including Imprint Imaging, Baystate Medical Practices (BMP), Dignity Health, Memorial Sloan Kettering Cancer Eye, and Sharp HealthCare. Based on the 2018 CMS Cost Report data, athenaIDX hospital clients accomplished an industry-leading 43.6 days in accounts receivable, saw internet incomes roughly double that of the industry average, and had the everyman bad debt percentage among customers of other hospital RCM solutions. Additionally, the first claim payment success rate for convalescent clients is 94% according to the athenaIDX customer metrics plan.

In November 2018, Athenahealth was acquired by Veritas Majuscule for $135 per share in cash. Following the closing, Veritas and Evergreen expect to combine Athenahealth with Virence Health, the GE Healthcare Value-based Intendance assets that Veritas caused earlier this year. Following the close of that transaction, the combined visitor is expected to operate under the Athenahealth make and be headquartered in Watertown, Massachusetts.

athenahealth Mergers and Acquisitions (M&A) Activities

In November 2021, Athenahealth was bought by private equity firms Hellman & Friedman, Bain Capital for $17 billion. The purchase from Veritas Capital and Evergreen Declension Capital affirms athenahealth'south position as the largest and most innovative provider of cloud-based electronic medical tape and md practice solutions beyond the healthcare continuum in the U.s..

In Feb 2019 Athenahealth completed its previously appear sale to an affiliate of Veritas Capital letter and Evergreen Coast Upper-case letter for approximately $v.seven billion in cash. Virence Health, the one-time GE Healthcare Value-based Intendance assets that Veritas acquired in 2018, volition combine with Athenahealth under the Athenahealth proper name and make. The combined company will be led by Virence Chairman and Chief Executive Officer Bob Segert and an executive leadership team comprised of executives from both companies and will exist headquartered on the Athenahealth campus in Watertown, Massachusetts.

Every bit part of the transaction, Virence's Workforce Management business becomes a carve up Veritas portfolio company under the API Healthcare make. The combination of Athenahealth and Virence brings together 2 innovative companies with complementary expertise and a shared focus and passion for improving healthcare outcomes. With a network of over 160,000 providers, the combined company is positioned for future growth and new market opportunities and has the necessary scale to make a transformational impact in the healthcare manufacture.

The transaction was appear on Nov 12, 2018, and received approval from Athenahealth shareholders on February vii, 2019. As a consequence of the completion of the transaction, shares of Athenahealth common stock will exist removed from listing on Nasdaq, with trading in Athenahealth shares to be suspended following the closing of business today.

athenahealth Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE Globe asks the simple question: Who'south buying athenahealth applications and why? And we provide the answers – supported past decades of research – to our clients around the globe. Our Client database has over 100 data fields that item company usage of athenahealth and other enterprise apps by part, client size, industry, location, implementation condition, partner involvement, Line of Business Key Stakeholders and Information technology conclusion makers contact details. Listing of Verified athenaClinicals, AthenaCollector, athenaCommunicator, athenaCoordinator, AthenathenaCommunicator Enterprise, customers.

athenahealth Fundamental Enterprise and Cloud Applications

athenaClinicals, AthenaCollector, athenaCommunicator, athenaCoordinator, AthenathenaCommunicator Enterprise,

athenahealth Revenues, $M:

Blazon/Yr	2019	2020	YoY Growth, %
Total Revenues, $M	Subscribe	Subscribe	Subscribe
Enterprise Applications Revenues, $Yard	Subscribe	Subscribe	Subscribe
Cloud Applications Revenues, $K	Subscribe	Subscribe	Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All acquirement figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The Earth's vendor database, and annual survey results including vendor feedback.

athenahealth Revenue Breakdown By Type, $M:

athenahealth Customers - Breakdown past Geo, Size, Vertical and Product

List of Verified athenahealth Customers

No. of athenahealth Customers: 160000

No. of athenahealth Enterprise Applications Customers: 160000

No. of athenahealth Cloud Customers: 160000

No. of athenahealth Cloud Subscribers: 10 meg

Athenahealth is used past over 160,000 medical providers and 106 million patients, including over l,000 physicians working for hospitals, health systems, and emerging care delivery units of Academy Hospitals, Baptist Health Arrangement, Wright State Physicians, Valley Medical Group, Carolina, Health Specialists, Hudson Headwaters Health Network, Community Health Systems, and CVS MinuteClinic as well as contained medical groups and solo physician practices.

Athenahealth'southward contempo client wins include New York-Presbyterian, Trinity Health, CareWell Urgent Care, the University of Alabama at Birmingham, Beth Israel Deaconess Healthcare, Florida Cancer Specialists. Over 72,000 providers are using athenaCollector, athenaClinicals is used past more 30,000 providers, while the athenaCommunicator is used past more 50,000 providers and finally he athenaCoordinator is used past 9,000 healthcare providers.

athenahealth Market Opportunities, Chiliad&A and Geo Expansions

In June 2020 athenahealth unveiled athenaTelehealth, a new embedded offer that empowers healthcare providers to seamlessly deport telemedicine visits with their patients. The embedded functionality – available at no additional cost to athenaOne customers until September 30, 2020 – enables practitioners to hands conduct telehealth visits that comply with HIPAA and move efficiently through workflows, from scheduling to patient messaging, video conferencing, simultaneous encounter documentation, and billing.

Equally stay-at-home orders and fright of exposure to coronavirus took root, government deregulation and loftier patient need led to a surge in telehealth appointments. The athenahealth network saw a 3400% overall increase in daily telehealth visits from mid-February to late Apr. Applying its adaptable applied science and cloud-based compages, athenahealth quickly developed athenaTelehealth to allow its customers to meaningfully engage patients and evangelize needed intendance with telemedicine visits. The solution enables video conferencing inside athenaOne, allowing providers to examine patients while updating their chart in existent-time and empowering them to increment visit volumes and financial functioning.

Virence Health ("Virence"), the one-time GE Healthcare Value-based Care avails that Veritas caused in 2018, volition combine with Athenahealth nether the Athenahealth name and brand. The combined company will be led by Virence Chairman and Chief Executive Officer Bob Segert.

As part of the transaction, Virence's Workforce Management business becomes a dissever Veritas portfolio company under the API Healthcare brand. The combination of Athenahealth and Virence brings together two innovative companies with complementary expertise and a shared focus and passion for improving healthcare outcomes. With a network of over 160,000 providers, the combined company is positioned for future growth and new market opportunities and has the necessary scale to brand a transformational bear on in the healthcare manufacture.

athenahealth Risks and Challenges

Similar nearly EHR technology vendors, the central for Athenahealth is to beginning leveraging the huge amount of medical information that touch its Cloud applications, while searching for better means for medical professionals to generate meliorate insights into the data repository. As Athenahealth continues to aggrandize, information technology is fighting a host of incumbents that have established long-term contracts with IDNs, some of which may have more incentives to standardize and extend their existing platforms to new areas like Electronic Health Records. That could forestall Athenahealth from expanding in one of the most strategic markets. Athenahealth'south ability to abound the installed base of its EHR customers has been minor, just it expects its new social club-based pricing volition prove to be pop amidst new EHR customers. Currently, athenaCollector, Athenahealth's Revenue Wheel Management offering, accounts for the bulk of its installed base.

Another challenge facing Athenahealth lies with the demand to better integrate its contempo acquisitions. Proxsys had to exist rewritten, while HDS with its limited installed base would be positioned for interfacing with existing systems like EHR for both United states of america and international users.

The gamble is whether Athenahealth should target healthcare providers outside the Usa where it has a limited presence. The company is focused on delivering curated drug and other content to health care providers over this channel, too equally enabling advanced levels of care coordination (via AAthenahealth's recently appear athenaText app – a fully integrated, secure text messaging for use past care teams across their mobile telephone and EHR).

Athenahealth could lean on Virence's services to ease providers' transition to VBC. The vast majority(79%) of The states providers have a negative outlook on VBC, partly due to being overburdened by the time information technology takes to apply EHRs to comply with data-reporting standards. Consolidating with Virence could allow Athenahealth to build out its EHR platform with a suite of VBC services, making its platform more than valuable to healthcare providers.

athenahealth Ecosystem, Partners, Resellers and SI

In May 2020, athenahealth, Inc. and Nuance Communications, Inc. have an expansion of their strategic collaboration to include the integration of Nuance's cloud-based Dragon Medical, bringing oral communication and virtual assistant technology into the athenaOne EHR and Mobile App. By leveraging the power of Nuance's conversational AI platform, athenaOne Dictation users can take advantage of fully integrated, voice-driven capabilities that assistance clinicians reduce documentation time and brunt in an try to better patient experiences.

Athenahealth organized their sales strength into two segments for sales of Athenahealth-branded services to ameliorate address their clients' needs and their markets: the enterprise team, which is dedicated to serving community hospitals, regional and national health systems, payers, and integrated healthcare enterprises; and the independent medical group team, which is defended to independent medical practices of all sizes. Athenahealth likewise has pharmaceutical sales teams dedicated to sales of their Epocrates-branded services for pharmaceutical and other institutional clients.

In add-on to their direct sales force, Athenahealth maintains business relationships with third parties that promote or support their sales or services within specific industries or geographic regions. These channel partners typically do not brand direct sales. Other channel relationships let third parties to act equally independent marketing representatives, purchasing agents (as in the case of group purchasing organizations), or in other joint marketing capacities. In some instances, the channel relationship involves endorsement or promotion of their services past these third parties. Among its resellers are Humana Inc., Pedsal, and WorldMed Shared Services, Inc.

It has strategic partnerships with Dell, Dymo, Falcon EHR, MedOasis, Transworld Systems, Agilence, DoctorsManagement, LBMC eHealth Solutions, FGMK, Halley Consulting Group, Lone Star MSO, Paragon Health, Physicians Professional Billing, First Databank, Healthwise, and MedAssets.

athenahealth Deject Infrastructure Insights

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Inquiry Methodology

Information used in enquiry reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases likewise as need side and supply side enquiry conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and merchandise associations).

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