Here are four things to know about the medical record, revenue cycle and population health company’s latest financial results.
1. That marks a 15 percent increase in revenue compared to the $261.9 million it recorded in the same period last year.
2. The company reported a 4.1 percent operating margin for the second quarter, an improvement from the 0.5 percent margin from Q2 2016.
3. Athenahealth recorded net income of $9.9 million for the second quarter, up from the $1.9 million loss it reported in the same period last year.
4. The company reaffirmed its 2017 financial guidance, which projects $1.21 to $1.25 billion in revenue and $36 million to $46 million in operating income by the end of the fiscal year.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.