athenahealth Finds a Buyer and a Merger Partner

athenahealth Finds a Buyer and a Merger Partner

Only two weeks into the month of November 2018, and already the deal value is higher than all of October. Through November 14, nearly $9.8 billion has been spent, but that’s largely because of a single deal, and one that’s been long in the works. After a lengthy bidding process, athenahealth (NASDAQ: ATHN) was acquired by Veritas Capital and Evergreen Coast Capital, the private equity subsidiary of activist investor group Elliott Management Corporation. athenahealth’s focus is on hospital and ambulatory customers and its products range from medical records, revenue cycle, patient engagement, care coordination and population health services. The final price of... Read More »