athenahealth IPO
athenahealth provides cloud-based healthcare technology services including electronic health records, revenue cycle management, and patient engagement solutions. The company serves healthcare providers ranging from small practices to large health systems. athenahealth was previously a notable public company in the healthcare IT sector before being taken private.
Key Facts
| Industry | Healthcare Technology |
| Founded | 1997 |
| Headquarters | Watertown, MA |
| Employees | ~6,000 |
| Website | athenahealth.com |
| Funding | Taken private in 2019 for $5.7B by Veritas Capital and Evergreen Coast Capital |
About athenahealth
athenahealth is a leading provider of cloud-based healthcare technology solutions, offering electronic health records (EHR), practice management, and patient engagement platforms primarily to ambulatory practices and health systems. The company's network-enabled services model differentiates it from traditional software vendors by providing ongoing performance optimization and revenue cycle management services.
Founded by Jonathan Bush, athenahealth built its reputation on helping healthcare providers navigate complex administrative tasks while improving patient outcomes. The company's integrated platform handles everything from appointment scheduling and clinical documentation to billing and population health management. After going public in 2007, athenahealth was acquired by Veritas Capital and Evergreen Coast Capital in 2019 for $5.7 billion, taking the company private to focus on product innovation and market expansion.
IPO Status
athenahealth was originally a public company that went public in 2007 and traded on the NASDAQ under the ticker symbol ATHN. The company was a prominent player in the healthcare IT space and benefited from the shift toward electronic health records and value-based care initiatives. In February 2019, athenahealth was acquired by Veritas Capital and Evergreen Coast Capital for approximately $5.7 billion, taking the company private. The acquisition was completed at $135 per share, representing a significant premium to where the stock had been trading. Since being taken private, athenahealth has continued operating as a private company focused on healthcare technology solutions.
Competitors
Frequently Asked Questions
Does athenahealth have a stock?
athenahealth was previously public from 2007 to 2019 but was taken private in a $5.7 billion acquisition by Veritas Capital and Evergreen Coast Capital. The company is no longer publicly traded.
When is the athenahealth IPO date?
athenahealth does not have an IPO date as it was taken private in 2019 and remains a private company. There are no confirmed details about any plans to go public again.
How can I buy athenahealth stock?
You cannot buy athenahealth stock as the company was taken private in 2019 and is no longer publicly traded. The stock is not available on any public exchanges.
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