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athenahealth Inc. Invests $13 Million To Expand Its Austin, Texas, Operations Center

Area Development Online News Desk (01/16/2014)
A leading provider of cloud-based services for electronic health records, practice management and care coordination, athenahealth Inc. will invest more than $13 million to expand its Austin, Texas, operations center in support of its health information technology services platform, creating 607 jobs.

"We're thrilled at the prospect of growing our presence in Austin, a city with a culture and vibe that perfectly aligns with our own," athenahealth Chairman and CEO Jonathan Bush said. "athenahealth is growing all across the country as we work to fulfill our vision of becoming a national information backbone to make health care work as it should. Austin offers a strong talent pool to aid in the important work we do at athenahealth to advance connectivity in health care."

Gov. Rick Perry’s Office said as an incentive the state is providing $5 million through the Texas Enterprise Fund “to close the deal on this expansion and job creation. Execution of the state's agreement is contingent upon finalization of a local incentive offer as required by program criteria.”

"The Texas model of low taxes, smart regulations and fair courts continues to attract world-class companies like athenahealth looking to expand their operations," Gov. Perry said. "This TEF investment will create hundreds of high-paying tech jobs in Austin, building on the city's thriving technology sector and strengthening the state and local economies." With this TEF investment, the company plans to establish a new facility in Austin to support its cloud-based health information technology services platform.

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