UM EECS 441 Company Presentation: athenahealth

1. Nicole Ulgado, MHI
EECS 441 Company Presentation

2. PRODUCTS: Cloud-based services
Electronic
Health
Records
Medical
Billing
Patient
Engagement
Epocrates
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3. $ $
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$FINANCIALS
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● Stock Price: 134.18 (Mar. 20)
● Revenue: 924.7M (Dec 2015)
● Upward revenue trend:
○ 2012→2013: +41%

4. HISTORY 1997
Founded by Jonathan
Bush & Todd Park
2011
2015
2006
2013
Launched
athenaCoordinator
Launched
athenaClinicals
RazorInsights
acquisition
Epocrates acquisition

5. COMPETITION
● Epic Systems covers
19.1% of the market
share
● athenahealth covers
5.2% of market share
http://www.saimgs.com/imglib/other_pages/Melissa/ambulatory-mu-market-share-2014.png

6. SECRET
SAUCE
“Epocrates knows how to present
information in a digestible format
and has made … Guidelines tremendously
easy to use.”
- Dr. Russell Pachynski
“Our team of medical editors evaluate the rich
content made available … translate it into a
clinician-friendly format
and language.”
- Dr. Anne Meneghetti
Imgsrc: http://www.athenahealth.com/~/media/athenaweb/images/about/our-story/background-image/cardsimgsaboutusourstoryimgdesktop.jpg

7. PREDICTION
● More Disruption Please Program and open APIs → App store for health
(Health 2.0)
● Continue to acquire
● The future is the cloud → athenahealth will take over 10+% of the
market share

8. Questions?