athenahealth Invests $10.8 Million To Expand To Atlanta’s Ponce City Market
Area Development Online News Desk (06/25/2013)
A provider of cloud-based services for electronic health records, practice management and care coordination, athenahealth, plans a $10.8 million expansion and relocation to Ponce City Market in Atlanta, Georgia. In response to its rapid growth and expanding markets in the Southeast, athenahealth will consolidate its Alpharetta workforce of approximately 100 people to its new location at Ponce City Market, and add 500 additional jobs over the next five years.
Ponce City Market, the former City Hall East, is a mixed-use project that will include residential units, restaurants and retail in addition to office space. athenahealth, which will occupy 75,000 square feet, will be the development’s first major office tenant.
“Ponce City Market offers athenahealth everything we could ask for in an office space as we deepen our roots in Atlanta and presents us with the opportunity to provide a daily environment that lives up to the work-life aspirations of our company,” said chairman and chief executive officer of athenahealth Jonathan Bush. “We are building a national health information backbone that will have a revolutionary impact on the cost and quality of healthcare and are increasingly focused on ensuring our teams work in environments that encourage innovation and collaboration and support the important work we do. With hundreds more future athenistas to hire, we believe Ponce City Market will help us attract the best talent metro Atlanta has to offer.”
“The athenahealth win is huge for the city, our residents and the Ponce de Leon corridor," said Atlanta Mayor Kasim Reed. "The company's commitment to our city continues Atlanta's successful string of attracting major operations and headquarters of sought-after companies."
“athenahealth is one of the fastest-growing companies in HIT, an exploding industry in which the largest sector is already thriving in Georgia thanks to our robust telecommunications infrastructure and healthcare system, talented workforce and pro-business environment,” said Gov. Nathan Deal. “athenahealth’s strategic decision to locate here moves us closer to becoming the No. 1 place in the nation to do business.”
"athenahealth's expansion is a huge win for Georgia and is a great example of why Atlanta is considered the nation's health IT capital," said Hans Gant, senior vice president of Economic Development, Metro Atlanta Chamber. “Our health IT ecosystem continues to thrive as more companies locate and expand here. The state of Georgia, led by the Georgia Department of Economic Development, along with MAC and Invest Atlanta, has a concerted effort to focus on the health IT industry cluster, and we are seeing the results of our efforts."