Athenahealth lays off employees after sale to Veritas Capital and Elliott Management
A source familiar with the situation told MedCity that less than 4 percent of the company's total corporate workforce across all offices was let go.
A source familiar with the situation told MedCity that less than 4 percent of the company's total corporate workforce across all offices was let go.
"My experience is running a company with a gun to your head is no way to run a company. Better to just say, 'Pull the trigger,'" Bush said when asked about having an activist investor like Elliott take a stake in his company.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Following the close of the transaction, athenahealth will be combined with Virence Health, the former GE Healthcare unit Veritas bought earlier this year.
Meanwhile, the Watertown, Massachusetts EHR vendor has extended the deadline for a final buyout bid to September 27.