Seeking Alpha

Henry Schein and athenahealth team up

  • athenahealth (ATHN +0.6%) and Henry Schein Medical (HSIC +0.5%form a strategic partnership to help physicians operate more efficient high-quality-of-care practices by jointly marketing athenahealth's athenaOne suite of EHR, integrated revenue cycle management and patient communication services. Schein will offer athenahealth services as part of its ConnectHealth offering which helps doctors digitize their practices. Schein serves ~50% of physician practices in the U.S. through its 600 sales reps.
  • athenahealth Chairman and CEO Jonathan Bush says, "athenahealth's agreement with Henry Schein aligns with our vision to become the leading connectivity platform in health care. We will leverage Henry Schein's unparalleled reach and deep relationships to educate providers on our robust services, which fully support health care providers throughout the care delivery cycle, and to grow our national health care cloud network."
Comments (2)
  • WhitneyB
    , contributor
    Comments (208) | Send Message
     
    Wow, Mr. Bush, that statement was so full of exciting buzz words it made me throw up in my mouth a bit. (Short).
    21 May, 11:39 AM Reply Like
  • Ed's perspective
    , contributor
    Comments (259) | Send Message
     
    Not a shareholder ... yet.

     

    For those doubters I'd like to know what's the tipping point? These guys have relentlessly pursued the biz and keep adding MAJOR service providers. In software building the platform is costly. In cable tv building the platform is costly. You look stupid while you literally. Burn money but you keep adding subscribers. At SOME point .... You get over the hump, you don't need to keep building the base mechanism and cash flow skyrockets. I think these guys are approaching ascent from the runway. Tell me ... Why not?
    21 May, 07:59 PM Reply Like
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