Vanguard deal has potential upside for athenahealth, says Piper Jaffray

theflyonthewall.com

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.

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