November 23, 2021
M&A
  • Bain Capital and Hellman & Friedman will purchase Athenahealth for $17 billion. It is the second time in less than three years the cloud-based electronic medical record (EHR) company has changed ownership. In February 2019, Athenhealth went private after it was acquired Veritas Capital and Evergreen Coast Capital for $5.7 billion. As part of that deal, Athenahealth was combined with Virence Health, the former GE Healthcare value-based care asset Veritas acquired in 2018. (Press release here; Articles here, here, here, and here)