Piper Jaffray believes Tenet Healthcare's (THC) buyout of Vanguard Health (VHS) has more potential upside than downside for Vanguard customer athenahealth (ATHN). Piper estimates revenue upside of $10M for athenahealth should Vanguard choose the company as their standard ambulatory platform. If Vanguard were to implement Med3000 into its sites, Piper thinks athenahealth stands to lose up to $5M.
- Piper Jaffray
- Tenet Healthcare