Apple, Cerner & Microsoft are interested in buying athenahealth: Here's why this CEO says they won't

Listen
Text
  • Small
  • Medium
  • Large

The health IT industry is abuzz with rumors that athenahealth could sell itself after Elliot Management made an unsolicited bid for the EHR vendor in early May worth almost $7 billion — but Elliott Management may not be the only prospective buyer, according to Albany, N.Y.-based Alliance for Better Health CEO Jacob Reider, MD.

In a June 8 blog post, Dr. Reider identified four companies "rumored to be in the mix to acquire athenahealth" but won't:

1. Apple. Simply put: The iPhone-maker doesn't do "verticals," Dr. Reider argues.

2. Cerner. The North Kansas City, Mo.-based EHR vendor has too much work with the Defense Department and Veterans Department to consider buying athenahealth.

3. Microsoft. There is too much disconnect between product-driven companies like Microsoft and those that must understand the business problems of healthcare like an EHR vendor.

4. Salesforce. Although Salesforce buys into the idea of a platform versus a product — the same idea athenahealth has been focusing on  — the digital solutions company has struggled to break into healthcare.

Dr. Reider also identified five companies that could acquire athenahealth, including:

1. Philips.

2. Roper/Strata Decision.

3. Amazon.

4. Value Act.

5. IBM.

Click here to read Dr. Reider's complete blog post.

More articles on EHRs:
NYT: How this pediatrician used EHR data to unveil the Flint water crisis
EHR vendors stock report: Week of June 4-8
'Future of patient health records is not merely electronic,' Epic exec says

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars