“Our unique results-oriented model and continuously expanding technology-enabled services are the foundation for our credibility and continued growth in healthcare. Our allegiance to drive both clinical and financial outcomes for our clients is fundamentally what differentiates us from traditional software vendors,” Jonathan Bush, chairman and CEO of athenahealth, said in a statement. “While we are still in the early days of bringing the full power of the internet to healthcare, we are gaining nice momentum as we innovate to improve the way patients are managed and advance connectedness across our network and the care continuum at large. This quarter again reflects progress being made. There is no precedent set for what we are doing to advance health care.”
Here are five numbers to know from athenahealth’s financial report.
- Total revenue for the three months ending Sept. 30 was $236.1 million, compared to $190.4 million in the same period for 2014, an increase of 24 percent.
- Net income in the third quarter was $5.8 million, or $0.15 per diluted share, compared to net loss of $1.6 million, or $0.04 per diluted share, in the same period last year.
- Revenue from athenahealth-branded services was $217.8 million in the third quarter, an increase of 24 percent over $175.6 million for the same period in 2014.
- Total revenue for the nine-month period ending Sept. 30 was $667.2 million, an increase of 24 percent from $539.4 million in the same period of 2014.
- Revenue from athenahealth-branded services was $619 million year to date, an increase of 25 percent over $494.1 million for the nine-month period ending Sept. 30.
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