We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
athenahealth in Boston Globe's List of "Top Places to Work"
Read MoreHide Full Article
Leading provider of network-enabled services and mobile applications for healthcare providers athenahealth Inc. announced that it has been added to Boston Globe’s 2016 list of "Top Places to Work". The Boston Globe is an American daily newspaper based in Boston, MA.
The Boston Globe's "Top Places to Work" list focuses on identifying the most progressive companies in Massachusetts. It is based on more than 70,000 employee opinions on direction, execution, connection, management, work, pay, and benefits. athenahealth is ranked #23 within the largest-sized companies category. The company was included in the list owing to its focus on creating a positive work environment to attract and retain employees through a combination of employee satisfaction, working conditions, and company culture.
We believe that an impressive product portfolio and a growing physician base continue to serve as the key positives for athenahealth. On the other hand, lack of enterprise-sized deals, winding up of government-funded stimulus and increasing competition pose as major headwinds.
The unique business model of athenahealth makes it a strong provider of Revenue Cycle Management (RCM) services to small physician practices. The Software as a Service (SaaS) based approach allows for a lower-cost and more flexible delivery mechanism that is expected to help athenahealth win deals.
In our opinion, athenahealth will continue to benefit from its extensive athenaCollector client base. Its EHR product is a key player in the ambulatory billing market. The company’s updated knowledge base gives its customers real time information that no other competitor has replicated exactly. In addition, the Epocrates acquisition is likely to enhance athenahealth’s user network.
On the macro level, the HITECH Act, which has authorized the EHR Incentive program or the Meaningful Use program, presents significant opportunities for EHR vendors like athenahealth.
However, as the government-sponsored EHR program winds down over the next few years, it will pose a significant problem for athenahealth. The company also lacks adequate alignment with hospitals, which prevents it from getting enterprise-sized deals.
We feel athenahealth’s long-term goal of 30% top-line growth is challenging, given the consolidation trend among small physician practices.
Zacks Rank & Key Picks
Currently, athenahealth carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader medical sector are HMS Holdings Corp. , Medidata Solutions Inc. and IDEXX Laboratories, Inc. (IDXX - Free Report) . Notably, HMS Holdings and Medidata Solutions carry a Zacks Rank #2 while IDEXX Laboratories sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
HMS Holdings Corp has a long-term expected growth rate of 14.26%. Notably, the company has a solid one-year return of roughly 58%.
Medidata Solutions has a strong one-year return of roughly 19.24%. The stock represents a long-term expected growth rate of 22.33%.
IDEXX Laboratories represents a solid one-year return of almost 71.07%. The company has a long-term expected growth rate of almost 14.96%.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
athenahealth in Boston Globe's List of "Top Places to Work"
Leading provider of network-enabled services and mobile applications for healthcare providers athenahealth Inc. announced that it has been added to Boston Globe’s 2016 list of "Top Places to Work". The Boston Globe is an American daily newspaper based in Boston, MA.
The Boston Globe's "Top Places to Work" list focuses on identifying the most progressive companies in Massachusetts. It is based on more than 70,000 employee opinions on direction, execution, connection, management, work, pay, and benefits. athenahealth is ranked #23 within the largest-sized companies category. The company was included in the list owing to its focus on creating a positive work environment to attract and retain employees through a combination of employee satisfaction, working conditions, and company culture.
We believe that an impressive product portfolio and a growing physician base continue to serve as the key positives for athenahealth. On the other hand, lack of enterprise-sized deals, winding up of government-funded stimulus and increasing competition pose as major headwinds.
The unique business model of athenahealth makes it a strong provider of Revenue Cycle Management (RCM) services to small physician practices. The Software as a Service (SaaS) based approach allows for a lower-cost and more flexible delivery mechanism that is expected to help athenahealth win deals.
In our opinion, athenahealth will continue to benefit from its extensive athenaCollector client base. Its EHR product is a key player in the ambulatory billing market. The company’s updated knowledge base gives its customers real time information that no other competitor has replicated exactly. In addition, the Epocrates acquisition is likely to enhance athenahealth’s user network.
On the macro level, the HITECH Act, which has authorized the EHR Incentive program or the Meaningful Use program, presents significant opportunities for EHR vendors like athenahealth.
ATHENAHEALTH IN Price
ATHENAHEALTH IN Price | ATHENAHEALTH IN Quote
However, as the government-sponsored EHR program winds down over the next few years, it will pose a significant problem for athenahealth. The company also lacks adequate alignment with hospitals, which prevents it from getting enterprise-sized deals.
We feel athenahealth’s long-term goal of 30% top-line growth is challenging, given the consolidation trend among small physician practices.
Zacks Rank & Key Picks
Currently, athenahealth carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader medical sector are HMS Holdings Corp. , Medidata Solutions Inc. and IDEXX Laboratories, Inc. (IDXX - Free Report) . Notably, HMS Holdings and Medidata Solutions carry a Zacks Rank #2 while IDEXX Laboratories sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
HMS Holdings Corp has a long-term expected growth rate of 14.26%. Notably, the company has a solid one-year return of roughly 58%.
Medidata Solutions has a strong one-year return of roughly 19.24%. The stock represents a long-term expected growth rate of 22.33%.
IDEXX Laboratories represents a solid one-year return of almost 71.07%. The company has a long-term expected growth rate of almost 14.96%.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>