Atlas
Back to RCM
Software·RCM

athenahealth

Boston, United Stateswww.athenahealth.com1expert edge

athenahealth is a cloud-based healthcare software company whose athenaOne platform bundles electronic health records, practice management, revenue cycle management and patient engagement for ambulatory providers. Founded 1997, it has been PE-owned since 2019 and is currently held by Bain Capital and Hellman & Friedman.

Why interesting to a deal team

Reference asset for healthcare RCM sponsors: Musallam's Veritas took it private at $5.7B, merged it with Virence, and exited at $17B in 2021. He knows its billing economics, carve-out integration and buyer set better than almost anyone.

Experts connected to this company

RM

Ramzi Musallam

CEO and Managing Partner

Veritas Capital

Fund GPNew York

Controls the largest payment-integrity platform in private equity — Cotiviti — plus $15.3B of fresh Fund IX capital, making him both the definitive RCM buyer and the benchmark comp.

Sources