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Athenahealth Grows Presence In Atlanta

Stocks in this article: ATHN

WATERTOWN, Mass., June 24, 2013 (GLOBE NEWSWIRE) -- athenahealth, Inc.(Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record ( EHR), practice management, and care coordination, today announced that it has signed a lease with Jamestown Ponce City Market LP to occupy 75,000 square feet of office space within the Ponce City Market development, also known as Old City Hall. Ponce City Market is the largest adaptive reuse project in Atlanta's history; 1.1 million square feet of the historic Sears, Roebuck and Company building will be restored.

This move into the central Atlanta market builds upon athenahealth's current presence of over 140 employees in Alpharetta, Georgia, and will provide the additional flexibility and space required to accelerate the company's growth across the health care industry. The Ponce City Market redevelopment will preserve the building's historic character and will include pedestrian access to the BeltLine trails and to a variety of office, residential, dining, and retail space. Over the next five years, athenahealth has plans to add more than 500 jobs to its Atlanta office.

"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 Jonathan Bush, chairman and CEO, athenahealth. "We are building a national health information backbone that will have a revolutionary impact on the cost and quality of health care and are increasingly focused on ensuring our teams work in environments that encourage innovation, 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."

Added Dan Haley, VP, Government Affairs, athenahealth: "We appreciate the efforts of Georgia Economic Development Commissioner Chris Cummiskey, Atlanta Mayor Kasim Reed, and their fantastic teams over the past several months as we worked together to make this exciting expansion happen."

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