Athenahealth Picks Austin for R&D Center and Plans to Create 600 Jobs

imgres-4Athenahealth announced plans to put a research and development center in Austin with plans to create 600 new jobs.
The company, founded in 1997, provides cloud-based health information services for electronic medical records and other medical documents.
It plans to occupy 110,000 square feet of the Seaholm Power Plant redevelopment project in downtown Austin and invest $13 million.
During the next 10 years, the company plans to hire 607 employees in addition to its current workforce of 36 employees in Austin.
“We are thrilled that athenahealth has chosen to expand their operations here in Austin,” Pete Winstead, Shareholder at Winstead PC and Chairman of Opportunity Austin, said in a news release. “The region’s competitive cost environment, coupled with its position as a center of technological innovation will provide the Company with continued growth opportunities, particularly as we look to the future and the opening of the Dell Medical School and innovation district.”
Opportunity Austin is the Austin Chamber of Commerce’s economic development initiative.
The City of Austin approved a 10-year incentive package worth $679,000. The State of Texas also gave the company a $5 million Texas Enterprise Fund grant.
“We’re thrilled to be growing our presence in Austin, a City with a culture and vibe that perfectly aligns with our own,” Jonathan Bush, chairman and CEO of athenahealth said in a news statement. “athenahealth is growing all across the country as we work to fulfill our vision of becoming a national information backbone to make health care work as it should. Austin’s dynamic talent pool, combined with the fantastic support from Governor Rick Perry and his team, as well as from the City of Austin, has made us already feel at home. We’re inspired to make Austin a hub for the important work we do to advance connectivity in health care.”

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